FY2026 Fair Market Rents — Eddy County
Studio
$1,035
1BR
$1,084
2BR
$1,188
3BR
$1,619
4BR
$1,625
Eddy County, New Mexico
FIPS 35015 · County-level FMR and income limit data
FMR Area: Eddy County, NM
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 |
To afford the FY2026 2-bedroom FMR of $1,188/mo under the 30%-of-income rule, a household needs about
$47,520/yr ($3,960/mo). Area Median Income is $100,100.
At NM's state minimum wage of $12.00/hr, a worker would need to work 77 hours/week to afford that rent.
Recent FMR Trend
| 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 |
FY2026 Income Limits
Area Median Income: $100,100
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $21,050 | $24,050 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $35,050 | $40,050 | $45,050 | $50,050 | $54,100 | $58,100 |
| 80% AMI | $56,100 | $64,100 | $72,100 | $80,100 | $86,550 | $92,950 |