Lea County, NM fair market rent
Lea County, NM · FY2027 · upcoming · effective October 1, 2026
Illustrative 90–110% range $1,194–$1,460 · +0.2% 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.
Confirm the amount, bedroom size, utility allowance and effective date for the unit's address before relying on it.
Find your housing authority| Unit | FY2027 | FY2026 | Change |
|---|---|---|---|
| Studio | $1,111 | $1,062 | +4.6% |
| 1 bedroom | $1,117 | $1,068 | +4.6% |
| 2 bedrooms | $1,327 | $1,324 | +0.2% |
| 3 bedrooms | $1,670 | $1,641 | +1.8% |
| 4 bedrooms | $1,823 | $1,829 | -0.3% |
All New Mexico areasHow 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$877
- FY18$805
- FY19$942
- FY20$951
- FY21$1,026
- FY22$930
- FY23$1,021
- FY24$1,168
- FY25$1,131
- FY26$1,324
- FY27$1,327
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
13 ZIPs in Lea County, NM- ZIP 88114Studio $1,110 · 1BR $1,120 · 3BR $1,670 · 4BR $1,830
- ZIP 88213Studio $1,110 · 1BR $1,120 · 3BR $1,670 · 4BR $1,830
- ZIP 88231Studio $1,130 · 1BR $1,140 · 3BR $1,700 · 4BR $1,850
- ZIP 88240Studio $1,110 · 1BR $1,120 · 3BR $1,670 · 4BR $1,830
- ZIP 88241Studio $1,110 · 1BR $1,120 · 3BR $1,670 · 4BR $1,830
- ZIP 88242Studio $1,390 · 1BR $1,400 · 3BR $2,090 · 4BR $2,280
- ZIP 88244Studio $1,110 · 1BR $1,120 · 3BR $1,670 · 4BR $1,830
- ZIP 88252Studio $1,070 · 1BR $1,080 · 3BR $1,610 · 4BR $1,760
- ZIP 88260Studio $1,040 · 1BR $1,040 · 3BR $1,560 · 4BR $1,700
- ZIP 88262Studio $1,040 · 1BR $1,040 · 3BR $1,560 · 4BR $1,700
- ZIP 88264Studio $1,040 · 1BR $1,060 · 3BR $1,600 · 4BR $1,730
- ZIP 88265Studio $1,120 · 1BR $1,130 · 3BR $1,680 · 4BR $1,840
- ZIP 88267Studio $960 · 1BR $970 · 3BR $1,480 · 4BR $1,650