PlainRent

Grant County

FY 2026 HUD Fair Market Rents in New Mexico. Population: 28,006.

Fair Market Rents (2026)

Studio
National avg: $893
$795/mo
↑ 6.3% YoY -11% vs US
1 Bedroom
National avg: $959
$801/mo
↑ 6.4% YoY -16% vs US
2 Bedroom
National avg: $1,175
$1,048/mo
↑ 12.3% YoY -11% vs US
3 Bedroom
National avg: $1,525
$1,304/mo
↑ 5.0% YoY -14% vs US
4 Bedroom
National avg: $1,756
$1,388/mo
↑ 8.1% YoY -21% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $748 $795 +$47 (+6.3%)
1 Bedroom $753 $801 +$48 (+6.4%)
2 Bedroom $933 $1,048 +$115 (+12.3%)
3 Bedroom $1,242 $1,304 +$62 (+5.0%)
4 Bedroom $1,284 $1,388 +$104 (+8.1%)

Affordability Snapshot

Based on the standard that rent should not exceed 30% of gross income:

Required annual income for 1 BR
$32,040
$2,670/month gross
Required annual income for 2 BR
$41,920
$3,493/month gross

Other Counties in New Mexico

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Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.