Compare Fair Market Rents — FY2026
| Bedroom | Socorro County, NM | Farmington, NM MSA |
|---|---|---|
| Studio | $723 | $882 |
| 1-Bedroom | $888 | $885 |
| 2-Bedroom | $973 | $1,085 |
| 3-Bedroom | $1,353 | $1,509 |
| 4-Bedroom | $1,569 | $1,630 |
Income Limits & Affordability
| Metric | Socorro County, NM | Farmington, NM MSA |
|---|---|---|
| Area Median Income (4p) | $50,000 | $80,300 |
| 50% AMI Limit (4p) | $36,450 | $40,150 |
| Income needed for 2BR FMR (30% rule) | $38,920 | $43,400 |