FY2026 Fair Market Rents — De Baca County, NM
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$723
1BR
$798
2BR
$973
3BR
$1,167
4BR
$1,569
Hours/week at min wage
63 hrs
to afford the 2BR FMR @ $12.00/hr (NM)
YoY change (2BR)
+4.3%
+$40 vs FY2025 · 5-yr +16.5%
Voucher payment standard
$876–$1,070
PHAs set HCV payment at 90–110% of the 2BR FMR
De Baca County, NM
Non-Metropolitan area · NM · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $723 | $8,676 |
| 1-Bedroom | $798 | $9,576 |
| 2-Bedroom | $973 | $11,676 |
| 3-Bedroom | $1,167 | $14,004 |
| 4-Bedroom | $1,569 | $18,828 |
Recent 2-Bedroom FMR Trend
FY2020 $786 → FY2026 $973
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $723 | $798 | $973 | $1,167 | $1,569 |
| FY2025 | $678 | $711 | $933 | $1,227 | $1,549 |
| FY2024 | $627 | $667 | $877 | $1,236 | $1,488 |
| FY2023 | $582 | $637 | $795 | $1,130 | $1,354 |
| FY2022 | $588 | $598 | $752 | $1,023 | $1,271 |
| FY2021 | $653 | $664 | $835 | $1,136 | $1,405 |
| FY2020 | $616 | $620 | $786 | $1,076 | $1,300 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $89,500
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $18,800 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $31,350 | $35,800 | $40,300 | $44,750 | $48,350 | $51,950 |
| 80% AMI (Low) | $50,150 | $57,300 | $64,450 | $71,600 | $77,350 | $83,100 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$11,676/yr
FMR as % of Area Median Income
13% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$38,920/yr
$3,243/mo gross income
FY2026 LIHTC Maximum Rents
Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →
| AMI Band | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| 50% AMI Maximum | $783 | $895 | $1,006 | $1,208 | $1,297 |
| 60% AMI Maximum | $939 | $1,074 | $1,208 | $1,449 | $1,557 |
FY2026 HOME Program Rent Limits
Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →
| Limit Type | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| High HOME Rent | $723 | $798 | $973 | $1,167 | $1,454 |
| Low HOME Rent | $783 | $895 | $1,007 | $1,118 | $1,208 |