Least Expensive Metros for Rent in New Mexico — FY2026
U.S. metro areas with the lowest HUD 2-bedroom Fair Market Rents in New Mexico. Lowest 2-bedroom FMR first, based on official HUD data. · View national rankings →
Most Expensive Metros for Rent
Least Expensive Metros for Rent
Biggest Rent Increases
Highest Income Limits
| # | Metro Area | State | Studio | 2BR | 4BR |
|---|---|---|---|---|---|
| 1 | Las Cruces, NM MSA | NM | $744 | $1,042 | $1,580 |
| 2 | Farmington, NM MSA | NM | $882 | $1,085 | $1,630 |
| 3 | Albuquerque, NM MSA | NM | $1,009 | $1,464 | $2,399 |
| 4 | Santa Fe, NM MSA | NM | $1,259 | $1,685 | $2,231 |