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
Torrance County
1 BR: $1,185/mo
Lincoln County
1 BR: $820/mo
Cibola County
1 BR: $823/mo
Harding County
1 BR: $853/mo
Valencia County
1 BR: $1,185/mo
Bernalillo County
1 BR: $1,185/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.