Lea County, NM Fair Market Rent FY2027

Part of the Lea County, NM non-metro FMR area. Fair Market Rents apply from October 1, 2026.

$1,111Efficiency +4.6%
$1,1171 bedroom +4.6%
$1,3272 bedrooms +0.2%
$1,6703 bedrooms +1.8%
$1,8234 bedrooms −0.3%

FY2027 vs FY2026

Unit sizeFY2027FY2026Change
Efficiency$1,111$1,062+4.6%
1 bedroom$1,117$1,068+4.6%
2 bedrooms$1,327$1,324+0.2%
3 bedrooms$1,670$1,641+1.8%
4 bedrooms$1,823$1,829−0.3%

FY2026 income limits

Median family income: $92,200

Household size12345678
Extremely low (30%)$18,450$21,640$27,320$33,000$38,680$44,360$50,040$55,720
Very low (50%)$30,750$35,150$39,550$43,900$47,450$50,950$54,450$57,950
Low income (80%)$49,200$56,200$63,250$70,250$75,900$81,500$87,150$92,750

Section 8 income limits set by HUD for FY2026; programs may use different limits.

Two-bedroom FMR since 1983

FY1983: $2721983FY1985: $291FY1986: $378FY1987: $396FY1988: $413FY1989: $4241989FY1990: $437FY1991: $451FY1992: $470FY1993: $478FY1994: $3421994FY1995: $335FY1996: $377FY1997: $380FY1998: $388FY1999: $3931999FY2000: $393FY2001: $396FY2002: $413FY2003: $422FY2004: $4222004FY2005: $413FY2006: $456FY2007: $472FY2008: $479FY2009: $5022009FY2010: $523FY2011: $527FY2012: $570FY2013: $661FY2014: $7912014FY2015: $715FY2016: $739FY2017: $877FY2018: $805FY2019: $9422019FY2020: $951FY2021: $1,026FY2022: $930FY2023: $1,021FY2024: $1,1682024FY2025: $1,131FY2026: $1,324FY2027: $1,3272027

Questions and answers

What is the Fair Market Rent in Lea County, NM for FY2027?

HUD set the FY2027 Fair Market Rents for Lea County, NM at $1,111 for an efficiency, $1,117 for one bedroom, $1,327 for two bedrooms, $1,670 for three and $1,823 for four bedrooms.

How much did Fair Market Rent change in Lea County, NM?

The two-bedroom FMR changed from $1,324 in FY2026 to $1,327 in FY2027 (+0.2%).

What are the HUD income limits for Lea County, NM?

For FY2026 the median family income is $92,200. The low-income (80%) limit for a family of four is $70,250, very low income (50%) $43,900 and extremely low income $33,000.