FY2026 Fair Market Rents — Lincoln County
Studio
$815
1BR
$820
2BR
$999
3BR
$1,305
4BR
$1,611
Lincoln County, New Mexico
FIPS 35027 · County-level FMR and income limit data
FMR Area: Lincoln County, NM
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 |
To afford the FY2026 2-bedroom FMR of $999/mo under the 30%-of-income rule, a household needs about
$39,960/yr ($3,330/mo). Area Median Income is $73,800.
At NM's state minimum wage of $12.00/hr, a worker would need to work 65 hours/week to afford that rent.
Recent FMR Trend
| 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 |
FY2026 Income Limits
Area Median Income: $73,800
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $15,960 | $21,640 | $27,320 | $33,000 | $38,680 | $42,850 |
| 50% AMI | $25,850 | $29,550 | $33,250 | $36,900 | $39,900 | $42,850 |
| 80% AMI | $41,350 | $47,250 | $53,150 | $59,050 | $63,800 | $68,500 |