FY2026 Fair Market Rents — Taos County
Studio
$908
1BR
$1,072
2BR
$1,279
3BR
$1,593
4BR
$2,146
Taos County, New Mexico
FIPS 35055 · County-level FMR and income limit data
FMR Area: Taos County, NM
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $908 | $10,896 |
| 1-Bedroom | $1,072 | $12,864 |
| 2-Bedroom | $1,279 | $15,348 |
| 3-Bedroom | $1,593 | $19,116 |
| 4-Bedroom | $2,146 | $25,752 |
To afford the FY2026 2-bedroom FMR of $1,279/mo under the 30%-of-income rule, a household needs about
$51,160/yr ($4,263/mo). Area Median Income is $80,500.
At NM's state minimum wage of $12.00/hr, a worker would need to work 82 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $908 | $1,072 | $1,279 | $1,593 | $2,146 |
| FY2025 | $808 | $934 | $1,070 | $1,368 | $1,797 |
| FY2024 | $845 | $921 | $1,050 | $1,375 | $1,782 |
| FY2023 | $769 | $809 | $937 | $1,182 | $1,596 |
| FY2022 | $700 | $704 | $836 | $1,033 | $1,434 |
| FY2021 | $756 | $760 | $920 | $1,144 | $1,593 |
| FY2020 | $722 | $727 | $875 | $1,090 | $1,536 |
FY2026 Income Limits
Area Median Income: $80,500
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $16,950 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $28,200 | $32,200 | $36,250 | $40,250 | $43,500 | $46,700 |
| 80% AMI | $45,100 | $51,550 | $58,000 | $64,400 | $69,600 | $74,750 |