FY2026 Fair Market Rents — Lincoln County, NM
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$815
1BR
$820
2BR
$999
3BR
$1,305
4BR
$1,611
Hours/week at min wage
65 hrs
to afford the 2BR FMR @ $12.00/hr (NM)
YoY change (2BR)
+7.1%
+$66 vs FY2025 · 5-yr +15.5%
Voucher payment standard
$899–$1,099
PHAs set HCV payment at 90–110% of the 2BR FMR
Lincoln 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) | $815 | $9,780 |
| 1-Bedroom | $820 | $9,840 |
| 2-Bedroom | $999 | $11,988 |
| 3-Bedroom | $1,305 | $15,660 |
| 4-Bedroom | $1,611 | $19,332 |
Recent 2-Bedroom FMR Trend
FY2020 $869 → FY2026 $999
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $815 | $820 | $999 | $1,305 | $1,611 |
| FY2025 | $678 | $790 | $933 | $1,271 | $1,549 |
| FY2024 | $627 | $667 | $877 | $1,156 | $1,488 |
| FY2023 | $582 | $614 | $795 | $1,048 | $1,354 |
| FY2022 | $610 | $627 | $779 | $994 | $1,311 |
| FY2021 | $677 | $696 | $865 | $1,104 | $1,456 |
| FY2020 | $605 | $660 | $869 | $1,128 | $1,437 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $73,800
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $15,960 | $21,640 | $27,320 | $33,000 | $38,680 | $42,850 |
| 50% AMI (Very Low) | $25,850 | $29,550 | $33,250 | $36,900 | $39,900 | $42,850 |
| 80% AMI (Low) | $41,350 | $47,250 | $53,150 | $59,050 | $63,800 | $68,500 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$11,988/yr
FMR as % of Area Median Income
16.2% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$39,960/yr
$3,330/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 | $645 | $738 | $830 | $996 | $1,070 |
| 60% AMI Maximum | $774 | $885 | $996 | $1,195 | $1,284 |
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 | $815 | $820 | $999 | $1,199 | $1,199 |
| Low HOME Rent | $646 | $738 | $831 | $922 | $997 |