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RentData.org Logo New Mexico Fair Market Rent for 2020 Accurate Rental Price Data

Average Fair Market Rent Prices in New Mexico:
$604 $650 $802 $1,093 $1,296
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

New Mexico (NM) has the 28th highest rent in the country out of 56 states and territories. The Fair Market Rent in New Mexico ranges from $714 for a 2-bedroom apartment in Luna County, NM to $1,107 for a 2-bedroom unit in Los Alamos County, NM.

For FY 2020, the Los Alamos County, NM (Los Alamos County) rent for a studio or efficiency is $820 per month and $1,931 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in New Mexico is $802 per month.

Click on your region in the list below or on the map to see a more detailed break down of rental prices.

What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in New Mexico. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

New Mexico Fair Market Rent Map

Click on a region to view more detailed rent data.

Lookup FMR by Zip Code FHA Loan Limits in New Mexico
Change Year:
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Bernalillo County Metro $571 $713 $877 $1,265 $1,506 0
Catron County $559 $563 $714 $977 $1,181 0
Chaves County $612 $617 $812 $1,047 $1,229 0
Cibola County $609 $627 $714 $938 $1,004 0
Colfax County $560 $563 $742 $925 $1,147 0
Curry County $573 $668 $880 $1,204 $1,391 0
De Baca County $616 $620 $786 $1,076 $1,300 0
Dona Ana County Metro $544 $602 $742 $1,070 $1,278 0
Eddy County $697 $702 $924 $1,333 $1,616 0
Grant County $598 $617 $745 $999 $1,198 0
Guadalupe County $573 $627 $714 $1,030 $1,181 0
Harding County $559 $563 $714 $1,030 $1,181 0
Hidalgo County $573 $627 $714 $911 $1,167 0
Lea County $717 $722 $951 $1,239 $1,434 0
Lincoln County $605 $660 $869 $1,128 $1,437 0
Los Alamos County $820 $909 $1,107 $1,490 $1,931 0
Luna County $468 $542 $714 $1,030 $1,254 0
McKinley County $556 $627 $714 $911 $967 0
Mora County $616 $620 $786 $1,076 $1,300 0
Otero County $609 $627 $714 $1,030 $1,254 0
Quay County $539 $542 $714 $958 $1,181 0
Rio Arriba County $609 $627 $714 $890 $967 0
Roosevelt County $591 $595 $784 $1,117 $1,268 0
San Juan County Metro $702 $713 $822 $1,079 $1,205 0
San Miguel County $601 $636 $772 $1,001 $1,088 0
Sandoval County Metro $571 $713 $877 $1,265 $1,506 0
Santa Fe County Metro $802 $928 $1,057 $1,376 $1,534 0
Sierra County $493 $557 $733 $1,002 $1,136 0
Socorro County $573 $615 $714 $1,025 $1,254 0
Taos County $722 $727 $875 $1,090 $1,536 0
Torrance County Metro $571 $713 $877 $1,265 $1,506 0
Union County $539 $542 $714 $1,030 $1,133 0
Valencia County Metro $571 $713 $877 $1,265 $1,506 0
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