New Mexico Fair Market Rents 2026

HUD publishes a Fair Market Rent for each of the 33 counties in New Mexico. It is the rent estimate your housing authority starts from when it decides how much a Section 8 Housing Choice Voucher will cover. The statewide median two-bedroom Fair Market Rent is $1,040 per month, ranging from $973 in Colfax County to $1,740 in Los Alamos County.

What it takes to afford a two-bedroom in New Mexico

Housing wage
$23.18/hr
Annual income needed
$48,214
Hours at minimum wage
78/wk

To rent a modest two-bedroom in New Mexico without spending more than 30% of income on housing, a household needs to earn $23.18 per hour full time. At the state minimum wage of $12.00, that means working 78 hours a week. Source: National Low Income Housing Coalition, Out of Reach 2025.

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FY2026 Fair Market Rents by County

County Studio 1 BR 2 BR 3 BR 4 BR
Bernalillo County $1,009 $1,185 $1,464 $2,036 $2,399
Catron County $773 $853 $1,040 $1,424 $1,677
Chaves County $738 $887 $1,071 $1,421 $1,562
Cibola County $738 $823 $993 $1,223 $1,315
Colfax County $730 $888 $973 $1,302 $1,569
Curry County $757 $892 $1,098 $1,425 $1,842
De Baca County $723 $798 $973 $1,167 $1,569
Dona Ana County $744 $951 $1,042 $1,449 $1,580
Eddy County $1,035 $1,084 $1,188 $1,619 $1,625
Grant County $795 $801 $1,048 $1,304 $1,388
Guadalupe County $723 $791 $973 $1,332 $1,569
Harding County $773 $853 $1,040 $1,424 $1,677
Hidalgo County $723 $798 $973 $1,353 $1,569
Lea County $1,062 $1,068 $1,324 $1,641 $1,829
Lincoln County $815 $820 $999 $1,305 $1,611
Los Alamos County $1,200 $1,326 $1,740 $2,086 $2,843
Luna County $671 $783 $973 $1,280 $1,528
McKinley County $752 $894 $1,090 $1,307 $1,443
Mora County $723 $798 $973 $1,332 $1,569
Otero County $671 $792 $973 $1,353 $1,632
Quay County $723 $742 $973 $1,227 $1,569
Rio Arriba County $737 $742 $973 $1,199 $1,437
Roosevelt County $725 $772 $975 $1,356 $1,636
San Juan County $882 $885 $1,085 $1,509 $1,630
San Miguel County $783 $920 $1,008 $1,402 $1,626
Sandoval County $1,009 $1,185 $1,464 $2,036 $2,399
Santa Fe County $1,259 $1,390 $1,685 $2,122 $2,231
Sierra County $692 $765 $1,004 $1,396 $1,619
Socorro County $723 $888 $973 $1,353 $1,569
Taos County $908 $1,072 $1,279 $1,593 $2,146
Torrance County $1,009 $1,185 $1,464 $2,036 $2,399
Union County $723 $770 $973 $1,332 $1,569
Valencia County $1,009 $1,185 $1,464 $2,036 $2,399

Find a housing authority in New Mexico

Fair Market Rent sets the ceiling, but the housing authority issuing your voucher sets the payment standard and runs the waiting list. Start there.

New Mexico Housing Authorities New Mexico Waiting Lists

For FY2026, Los Alamos County has the highest two-bedroom Fair Market Rent in New Mexico at $1,740 per month, while Colfax County has the lowest at $973. The statewide median two-bedroom FMR is $1,040.

No. Each housing authority in New Mexico sets its own payment standard, anywhere from 90% to 110% of the HUD Fair Market Rent for its area, and some receive HUD approval to go higher. Two authorities serving the same county can pay different amounts, so confirm the figure with the authority that will issue your voucher.

Find your county in the table below to see the FY2026 rent HUD estimates for each bedroom size. That figure is the starting point your housing authority uses to set its payment standard, which caps the subsidy on your unit. You generally pay about 30% of your adjusted monthly income, with the voucher covering the rest up to that cap.

Source: HUD Fair Market Rents FY2026 · huduser.gov

The federal Fair Housing Act prohibits discrimination in housing because of race, color, national origin, religion, familial status, gender, and disability. The Fair Housing Act ensures that all persons receive equal housing opportunity. For more information about the Fair Housing Act and your rights, visit the Department of Housing and Urban Development .