FMRFinder

New Mexico fair market rent by county

New Mexico · FY2027 · 33 listed places · 30 HUD FMR areas

$1,063median 2BR

From $1,014 in Union County to $1,874 in Los Alamos County

FY2026 → FY2027: median +4.2% · 29 up, 4 down · largest Los Alamos County +7.7% · all states

Unweighted median of the listed county, county-equivalent and town 2-bedroom FMRs; places sharing a HUD FMR area have the same value. This is not a statewide estimate of rents paid. U.S. county median $1,056. Effective October 1, 2026.

Income needed to afford it

At HUD's affordability benchmark — rent and utilities at no more than 30% of income — a 2-bedroom at the Fair Market Rent takes about $74,960 a year in Los Alamos County and $40,560 in Union County.

UnitMedian FMRIncome neededPer hour
Studio$813$32,520$15.63
1 bedroom$877$35,080$16.87
2 bedrooms$1,063$42,520$20.44
3 bedrooms$1,404$56,160$27.00
4 bedrooms$1,667$66,680$32.06

Income needed = monthly FMR × 12 ÷ 0.30. Per hour = that ÷ 2,080 hours (one full-time job). Medians are across the listed New Mexico places, like the figure above. The FMR is HUD's 40th-percentile gross rent estimate, not the price of any listing.

Highest 2-bedroom first