FY2026 Fair Market Rents — Rio Arriba County
Studio
$737
1BR
$742
2BR
$973
3BR
$1,199
4BR
$1,437
Rio Arriba County, New Mexico
FIPS 35039 · County-level FMR and income limit data
FMR Area: Rio Arriba County, NM
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $737 | $8,844 |
| 1-Bedroom | $742 | $8,904 |
| 2-Bedroom | $973 | $11,676 |
| 3-Bedroom | $1,199 | $14,388 |
| 4-Bedroom | $1,437 | $17,244 |
To afford the FY2026 2-bedroom FMR of $973/mo under the 30%-of-income rule, a household needs about
$38,920/yr ($3,243/mo). Area Median Income is $73,700.
At NM's state minimum wage of $12.00/hr, a worker would need to work 63 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $737 | $742 | $973 | $1,199 | $1,437 |
| FY2025 | $707 | $711 | $933 | $1,124 | $1,334 |
| FY2024 | $666 | $670 | $877 | $1,060 | $1,168 |
| FY2023 | $689 | $689 | $795 | $968 | $1,068 |
| FY2022 | $626 | $637 | $726 | $897 | $985 |
| FY2021 | $663 | $678 | $773 | $961 | $1,048 |
| FY2020 | $609 | $627 | $714 | $890 | $967 |
FY2026 Income Limits
Area Median Income: $73,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $15,960 | $21,640 | $27,320 | $33,000 | $38,680 | $42,750 |
| 50% AMI | $25,800 | $29,500 | $33,200 | $36,850 | $39,800 | $42,750 |
| 80% AMI | $41,300 | $47,200 | $53,100 | $58,950 | $63,700 | $68,400 |