FY2026 Fair Market Rents — Eddy County, NM
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,035
1BR
$1,084
2BR
$1,188
3BR
$1,619
4BR
$1,625
Hours/week at min wage
77 hrs
to afford the 2BR FMR @ $12.00/hr (NM)
YoY change (2BR)
+15.2%
+$157 vs FY2025 · 5-yr +15.8%
Voucher payment standard
$1,069–$1,307
PHAs set HCV payment at 90–110% of the 2BR FMR
Eddy 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) | $1,035 | $12,420 |
| 1-Bedroom | $1,084 | $13,008 |
| 2-Bedroom | $1,188 | $14,256 |
| 3-Bedroom | $1,619 | $19,428 |
| 4-Bedroom | $1,625 | $19,500 |
Recent 2-Bedroom FMR Trend
FY2020 $924 → FY2026 $1,188
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,035 | $1,084 | $1,188 | $1,619 | $1,625 |
| FY2025 | $750 | $931 | $1,031 | $1,379 | $1,484 |
| FY2024 | $791 | $968 | $1,087 | $1,532 | $1,648 |
| FY2023 | $878 | $898 | $1,014 | $1,441 | $1,727 |
| FY2022 | $758 | $763 | $924 | $1,322 | $1,599 |
| FY2021 | $842 | $847 | $1,026 | $1,468 | $1,776 |
| FY2020 | $697 | $702 | $924 | $1,333 | $1,616 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $100,100
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $21,050 | $24,050 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $35,050 | $40,050 | $45,050 | $50,050 | $54,100 | $58,100 |
| 80% AMI (Low) | $56,100 | $64,100 | $72,100 | $80,100 | $86,550 | $92,950 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$14,256/yr
FMR as % of Area Median Income
14.2% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$47,520/yr
$3,960/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 | $875 | $1,001 | $1,126 | $1,351 | $1,451 |
| 60% AMI Maximum | $1,051 | $1,201 | $1,351 | $1,621 | $1,741 |
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 | $1,035 | $1,084 | $1,188 | $1,619 | $1,625 |
| Low HOME Rent | $876 | $1,001 | $1,126 | $1,251 | $1,352 |