FY2026 Fair Market Rents — Taos County, NM
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$908
1BR
$1,072
2BR
$1,279
3BR
$1,593
4BR
$2,146
Hours/week at min wage
82 hrs
to afford the 2BR FMR @ $12.00/hr (NM)
YoY change (2BR)
+19.5%
+$209 vs FY2025 · 5-yr +39%
Voucher payment standard
$1,151–$1,407
PHAs set HCV payment at 90–110% of the 2BR FMR
Taos 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) | $908 | $10,896 |
| 1-Bedroom | $1,072 | $12,864 |
| 2-Bedroom | $1,279 | $15,348 |
| 3-Bedroom | $1,593 | $19,116 |
| 4-Bedroom | $2,146 | $25,752 |
Recent 2-Bedroom FMR Trend
FY2020 $875 → FY2026 $1,279
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $908 | $1,072 | $1,279 | $1,593 | $2,146 |
| FY2025 | $808 | $934 | $1,070 | $1,368 | $1,797 |
| FY2024 | $845 | $921 | $1,050 | $1,375 | $1,782 |
| FY2023 | $769 | $809 | $937 | $1,182 | $1,596 |
| FY2022 | $700 | $704 | $836 | $1,033 | $1,434 |
| FY2021 | $756 | $760 | $920 | $1,144 | $1,593 |
| FY2020 | $722 | $727 | $875 | $1,090 | $1,536 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $80,500
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $16,950 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $28,200 | $32,200 | $36,250 | $40,250 | $43,500 | $46,700 |
| 80% AMI (Low) | $45,100 | $51,550 | $58,000 | $64,400 | $69,600 | $74,750 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$15,348/yr
FMR as % of Area Median Income
19.1% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$51,160/yr
$4,263/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 | $704 | $805 | $905 | $1,086 | $1,167 |
| 60% AMI Maximum | $845 | $966 | $1,086 | $1,304 | $1,400 |
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 | $908 | $1,072 | $1,279 | $1,308 | $1,308 |
| Low HOME Rent | $705 | $805 | $906 | $1,006 | $1,087 |