FY2026 Fair Market Rents — McKinley County
Studio
$752
1BR
$894
2BR
$1,090
3BR
$1,307
4BR
$1,443
McKinley County, New Mexico
FIPS 35031 · County-level FMR and income limit data
FMR Area: McKinley County, NM
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $752 | $9,024 |
| 1-Bedroom | $894 | $10,728 |
| 2-Bedroom | $1,090 | $13,080 |
| 3-Bedroom | $1,307 | $15,684 |
| 4-Bedroom | $1,443 | $17,316 |
To afford the FY2026 2-bedroom FMR of $1,090/mo under the 30%-of-income rule, a household needs about
$43,600/yr ($3,633/mo). Area Median Income is $56,400.
At NM's state minimum wage of $12.00/hr, a worker would need to work 70 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $752 | $894 | $1,090 | $1,307 | $1,443 |
| FY2025 | $652 | $799 | $951 | $1,169 | $1,261 |
| FY2024 | $663 | $739 | $877 | $1,127 | $1,168 |
| FY2023 | $666 | $671 | $795 | $1,063 | $1,068 |
| FY2022 | $608 | $612 | $726 | $967 | $985 |
| FY2021 | $636 | $645 | $742 | $966 | $1,006 |
| FY2020 | $556 | $627 | $714 | $911 | $967 |
FY2026 Income Limits
Area Median Income: $56,400
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $15,960 | $21,640 | $27,320 | $33,000 | $38,680 | $42,300 |
| 50% AMI | $25,550 | $29,200 | $32,850 | $36,450 | $39,400 | $42,300 |
| 80% AMI | $40,850 | $46,650 | $52,500 | $58,300 | $63,000 | $67,650 |