Colfax County
FY 2026 HUD Fair Market Rents in New Mexico. Population: 12,370.
Fair Market Rents (2026)
Studio
National avg: $893
$730/mo
↓ 10.0% YoY
-18% vs US
1 Bedroom
National avg: $959
$888/mo
↑ 5.3% YoY
-7% vs US
2 Bedroom
National avg: $1,175
$973/mo
↑ 4.3% YoY
-17% vs US
3 Bedroom
National avg: $1,525
$1,302/mo
↑ 4.4% YoY
-15% vs US
4 Bedroom
National avg: $1,756
$1,569/mo
↑ 1.3% YoY
-11% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $811 | $730 | $-81 (-10.0%) |
| 1 Bedroom | $843 | $888 | +$45 (+5.3%) |
| 2 Bedroom | $933 | $973 | +$40 (+4.3%) |
| 3 Bedroom | $1,247 | $1,302 | +$55 (+4.4%) |
| 4 Bedroom | $1,549 | $1,569 | +$20 (+1.3%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$35,520
$2,960/month gross
Required annual income for 2 BR
$38,920
$3,243/month gross
Other Counties in New Mexico
Lea County
1 BR: $1,068/mo
Mora County
1 BR: $798/mo
Bernalillo County
1 BR: $1,185/mo
Sierra County
1 BR: $765/mo
De Baca County
1 BR: $798/mo
Luna County
1 BR: $783/mo
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.