County FMR · HUD FY2026
McKinley County Fair Market Rent
HUD's FY2026 Fair Market Rent for McKinley County, NM - 7% below the US average.
- $894
- 1-bedroom FMR
- $1,090
- 2-bedroom FMR
- +11.9%
- YoY change
- -7%
- vs US avg
The verdict
McKinley is the 11th most expensive of 33 counties in New Mexico by 2-bedroom FMR; rent here has climbed 11.9% since FY 2025, a sharp move relative to most counties.
- #11
- most expensive of 33 in New Mexico (2BR)
- -4%
- vs the state average
- $35,760
- income to afford it (30% rule)
- +11.9%
- YoY, FY2025→2026
Software Developers spend the smallest share of income on rent here (8.9%), while Fast Food and Counter Workers spend the most (37.4%); nearby New Mexico counties range as much as 57% apart in 1-bedroom FMR, so the county line itself can matter for renters comparing options.
FY 2026 HUD Fair Market Rent for McKinley County, NM. Verify with HUD →
The Fair Market Rent for a 1-bedroom apartment in McKinley County, New Mexico is $894 per month in FY 2026, according to the U.S. Department of Housing and Urban Development (HUD). A 2-bedroom costs $1,090/mo and a studio is $752/mo. This is 7% lower than the national average of $959 and 4% below the New Mexico average of $927.
Rent increased11.9% from FY 2025 ($799), outpacing inflation. To afford rent here, a household needs at least $35,760/year based on the 30% affordability rule.
FY 2026 HUD Fair Market Rents in New Mexico. Population: 72,073. Population has held roughly steady over the past five years (-2.3%, Census ACS). That's slower than New Mexico's statewide growth of +1.1% over the same period.
What these rents mean for McKinley County
The McKinley County FMR area applies to all ZIP codes inside the county boundary, and New Mexico's housing authorities use it as the baseline for Section 8 Housing Choice Voucher payment standards. See how FMR is calculated for the full 40th-percentile methodology and payment-standard rules.
Compared to the rest of the country, a 1-bedroom here is 7% below the US average of $959 and 4% lower than the New Mexico state average of $927. Year-over-year, the 1-bedroom FMR moved from$799 in FY 2025 to $894 in FY 2026 - a change of +11.9%, which outpaces typical consumer inflation.
At the FY 2026 1-bedroom FMR of $894, affording it under the 30%-of-income rule takes $35,760 per year (about $2,980/month) in household income, and a 2-bedroom at $1,090 pushes that threshold even higher. With a population of 72,073 and a county median household income of $44,496, the arithmetic here directly shapes which wage earners can rent without being cost-burdened.
Fair Market Rents (2026)
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $652 | $752 | +$100 (+15.3%) |
| 1 Bedroom | $799 | $894 | +$95 (+11.9%) |
| 2 Bedroom | $951 | $1,090 | +$139 (+14.6%) |
| 3 Bedroom | $1,169 | $1,307 | +$138 (+11.8%) |
| 4 Bedroom | $1,261 | $1,443 | +$182 (+14.4%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Rent Burden Analysis
How much of household income goes to rent in McKinley County. The 30% threshold indicates cost burden.
How we calculate this
Rent burden = (FMR × 12) ÷ county median household income. Required income = (FMR × 12) ÷ 0.3, the federal 30%-of-gross-income rule HUD uses to define cost burden. Median household income is from the U.S. Census Bureau's American Community Survey; FMR is from HUD's FY2026 release. See methodology.
McKinley County 2-bedroom rent burden
Where McKinley sits among every US county
2-bedroom Fair Market Rent vs. all 3,145 HUD counties
$1,090 higher than 58% of 3,145 counties
Each bar is a $0.2K-wide band; taller bars hold more counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026
How McKinley compares on 1-bedroom rent
1-bedroom FMR vs other New Mexico counties
- Santa Fe
Santa Fe County
$1,390 1BR FMR / mo
- Bernalillo
Bernalillo County
$1,185 1BR FMR / mo
- Sandoval
Sandoval County
$1,185 1BR FMR / mo
- Valencia
Valencia County
$1,185 1BR FMR / mo
- Dona Ana
Dona Ana County
$951 1BR FMR / mo
- McKinley
McKinley County
$894 1BR FMR / mo
- San Juan
San Juan County
$885 1BR FMR / mo
What this shows McKinley is highlighted. Nearby New Mexico counties by 1-bedroom FMR, highest to lowest: Santa Fe County ($1,390), Bernalillo County ($1,185), Sandoval County ($1,185), Valencia County ($1,185), Dona Ana County ($951), McKinley County (this county) ($894), San Juan County ($885).
Can Common Jobs Afford Rent Here?
How a 1-bedroom at $894/mo compares to New Mexico salaries for popular occupations (BLS wage data, 30%-of-income rule).
| Occupation | NM Salary | Rent Burden | Verdict |
|---|---|---|---|
| Software Developers | $120,820 | 8.9% | Affordable |
| General & Operations Managers | $100,200 | 10.7% | Affordable |
| Registered Nurses | $88,260 | 12.2% | Affordable |
| Accountants & Auditors | $77,420 | 13.9% | Affordable |
| Elementary School Teachers | $65,510 | 16.4% | Affordable |
| Police & Sheriff's Patrol Officers | $63,340 | 16.9% | Affordable |
| Electricians | $56,890 | 18.9% | Affordable |
| Paralegals & Legal Assistants | $56,620 | 18.9% | Affordable |
| Heavy & Tractor-Trailer Truck Drivers | $48,360 | 22.2% | Affordable |
| Pharmacy Technicians | $44,970 | 23.9% | Affordable |
| Customer Service Representatives | $38,060 | 28.2% | Affordable |
| Janitors & Cleaners | $33,640 | 31.9% | Stretched |
| Retail Salespersons | $31,360 | 34.2% | Stretched |
| Teaching Assistants | $30,350 | 35.3% | Stretched |
| Fast Food & Counter Workers | $28,650 | 37.4% | Stretched |
Rent Trends (2020–2026)
7-year Fair Market Rent history for McKinley County. Shows how HUD rental rates have changed over time.
Over the 6-year span HUD has tracked for McKinley (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 42.6% overall, from $627 to $894. The increases have been fairly steady year to year, with no single jump exceeding 11.9% (FY 2026).
| Year | Studio | 1 BR | 2 BR |
|---|---|---|---|
| FY 2026 ↑11.9% | $752 | $894 | $1,090 |
| FY 2025 ↑8.1% | $652 | $799 | $951 |
| FY 2024 ↑10.1% | $663 | $739 | $877 |
| FY 2023 ↑9.6% | $666 | $671 | $795 |
| FY 2022 ↓5.1% | $608 | $612 | $726 |
| FY 2021 ↑2.9% | $636 | $645 | $742 |
| FY 2020 | $556 | $627 | $714 |
Part of the Gallup, NM Micro Area
McKinley County is a central county of the Gallup, NM micropolitan statistical area.
Nearby Counties in New Mexico
Largest counties by population in New Mexico
Frequently Asked Questions
What is the average rent in McKinley County? ▼
How does McKinley County rent compare to the national average? ▼
What income do I need to afford rent in McKinley County? ▼
Is rent going up or down in McKinley County? ▼
Which jobs can afford rent in McKinley County? ▼
How much has rent changed in McKinley County over time? ▼
How does Fair Market Rent affect Section 8 vouchers in McKinley County? ▼
What does Fair Market Rent mean for McKinley County? ▼
What this means for renters
Treat McKinley's FY2026 Fair Market Rent as HUD's affordability benchmark, not a market quote.
- Budget to roughly 30% of income: the FY2026 1-bedroom FMR of $894 implies about $35,760/yr to rent without being cost-burdened. Run your numbers
- Compare this county against nearby metros and states before signing a lease. Compare areas
- See where it sits on the national rent map. View rankings
Fair Market Rent is HUD's 40th-percentile policy benchmark used to set Housing Choice Voucher payment standards. Actual asking rents in McKinley can run higher or lower, and HUD updates FMRs once a year. This page is informational and not financial or relocation advice.
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Census Bureau and HUD Fair Market Rents. Consult a qualified professional before making decisions based on this data.
Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.