FY2026 Fair Market Rents — Rio Arriba County, NM
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$737
1BR
$742
2BR
$973
3BR
$1,199
4BR
$1,437
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 +25.9%
Voucher payment standard
$876–$1,070
PHAs set HCV payment at 90–110% of the 2BR FMR
Rio Arriba 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) | $737 | $8,844 |
| 1-Bedroom | $742 | $8,904 |
| 2-Bedroom | $973 | $11,676 |
| 3-Bedroom | $1,199 | $14,388 |
| 4-Bedroom | $1,437 | $17,244 |
Recent 2-Bedroom FMR Trend
FY2020 $714 → FY2026 $973
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $737 | $742 | $973 | $1,199 | $1,437 |
| FY2025 | $707 | $711 | $933 | $1,124 | $1,334 |
| FY2024 | $666 | $670 | $877 | $1,060 | $1,168 |
| FY2023 | $689 | $689 | $795 | $968 | $1,068 |
| FY2022 | $626 | $637 | $726 | $897 | $985 |
| FY2021 | $663 | $678 | $773 | $961 | $1,048 |
| FY2020 | $609 | $627 | $714 | $890 | $967 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $73,700
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $15,960 | $21,640 | $27,320 | $33,000 | $38,680 | $42,750 |
| 50% AMI (Very Low) | $25,800 | $29,500 | $33,200 | $36,850 | $39,800 | $42,750 |
| 80% AMI (Low) | $41,300 | $47,200 | $53,100 | $58,950 | $63,700 | $68,400 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$11,676/yr
FMR as % of Area Median Income
15.8% 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 | $644 | $737 | $829 | $994 | $1,068 |
| 60% AMI Maximum | $773 | $884 | $994 | $1,193 | $1,282 |
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 | $737 | $742 | $973 | $1,197 | $1,197 |
| Low HOME Rent | $645 | $737 | $830 | $921 | $995 |