FISCAL YEAR 2010
FINAL FAIR MARKET RENTS
FOR EXISTING HOUSING

The following tables represent the Fair Market Rents (FMRs) for the state of New Mexico in selected Metropolitan and Nonmetropolitan Statistical Areas. Larger tables have been broken into screen-sized chunks to allow easy header viewing. The following abbreviations will be used:

 

FMR=Fair Market Rent
0 BR=Efficiency Apartment
1 BR=One Bedroom Apartment
2 BR=Two Bedroom Apartment/Duplex
3 BR=Three Bedroom Duplex/House
4 BR=Four Bedroom House
CBSA=Core-Based Statistical Areas
MSA=Metropolitan Statistical Area
PMSA=Primary Metropolitan Statistical Area

 

New Mexico

 

METROPOLITAN FMR AREAS LIVING WAGE ($/hour) FAIR MARKET RENT ($/month)
0 BR 1 BR 0 BR 1 BR 2 BR 3 BR 4 BR
Albuquerque, NM MSA $10.12 $11.90 526 619 782 1139 1365
Farmington, NM MSA $9.54 $10.10 496 525 632 836 942
Las Cruces, NM MSA $9.21 $9.94 479 517 576 795 882
Santa Fe, NM MSA $12.33 $15.29 641 795 967 1266 1513



 

NONMETROPOLITAN COUNTIES LIVING WAGE ($/hour) FAIR MARKET RENT ($/month)
0 BR 1 BR 0 BR 1 BR 2 BR 3 BR 4 BR
Catron County, NM $7.46 $8.40 388 437 523 762 785
Chaves County, NM $8.04 $8.08 418 420 536 701 723
Cibola County, NM $8.38 $9.04 436 470 523 760 825
Colfax County, NM $8.90 $9.50 463 494 556 702 730
Curry County, NM $8.37 $8.67 435 451 523 708 920
De Baca County, NM $8.37 $8.62 435 448 523 706 859
Eddy County, NM $6.71 $8.56 349 445 523 702 852
Grant County, NM $8.06 $9.35 419 486 552 778 800
Guadalupe County, NM $9.87 $10.00 513 520 619 777 811
Harding County, NM $8.37 $8.62 435 448 523 706 859
Hidalgo County, NM $7.46 $8.40 388 437 523 762 785
Lea County, NM $8.33 $9.06 433 471 523 688 724
Lincoln County, NM $7.87 $9.90 409 515 627 789 1102
Los Alamos County, NM $12.52 $14.60 651 759 996 1195 1231
Luna County, NM $8.35 $9.06 434 471 523 667 801
McKinley County, NM $7.94 $9.33 413 485 638 762 988
Mora County, NM $9.87 $10.00 513 520 619 777 811
Otero County, NM $7.69 $9.10 400 473 523 765 920
Quay County, NM $8.37 $8.62 435 448 523 706 859
Rio Arriba County, NM $8.98 $9.13 467 475 562 727 807
Roosevelt County, NM $8.35 $8.56 434 445 523 725 896
San Miguel County, NM $8.40 $9.08 437 472 581 772 896
Sierra County, NM $6.52 $8.12 339 422 523 764 919
Socorro County, NM $8.37 $8.38 435 436 523 627 888
Taos County, NM $11.96 $12.98 622 675 748 895 923
Union County, NM $8.37 $8.62 435 448 523 706 859



 

Note: The FMRs for unit sizes larger than 4 BRs are calculated by adding 15% to the 4 BR FMR for each extra bedroom. The rent for Single Room Occupancy is 75 percent of the 0 bedroom rent.

 

 

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