Chaves County, NM fair market rent

Chaves County, NM · FY2027 · upcoming · effective October 1, 2026

$1,0912 bedrooms / month

Illustrative 90–110% range $982–$1,200 · +1.9% from FY2026

Gross rent including tenant-paid utilities. The range is HUD's basic payment-standard band, not your PHA's adopted standard or your voucher payment; your PHA's effective date may differ. Non-metro county. U.S. county median 2BR $1,056.

Your housing authority's payment standard: not verified on this page.

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HUD rents by bedroom count
Unit	FY2027	FY2026	Change
Studio	$868	$738	+17.6%
1 bedroom	$892	$887	+0.6%
2 bedrooms	$1,091	$1,071	+1.9%
3 bedrooms	$1,476	$1,421	+3.9%
4 bedrooms	$1,624	$1,562	+4.0%

All New Mexico areas How payment standards work

Source: HUD Fair Market Rent data, FMR_All_1983_2027.csv, retrieved 2026-09-19.

2-bedroom FMR, last 11 years

FY17$763
FY18$740
FY19$827
FY20$812
FY21$904
FY22$814
FY23$887
FY24$969
FY25$953
FY26$1,071
FY27$1,091

HUD's fiscal year runs October to September, so the FY2027 figure applies from October 1, 2026. The FMR is the 40th-percentile gross rent (rent plus tenant-paid utilities) for standard-quality units, from Census ACS data trended forward with recent rent surveys. It is not a rent cap for private landlords. Data & method

Small Area FMRs by ZIP code

12 ZIPs in Chaves County, NM

New Mexico areas with a similar 2BR rent

All 33