Socorro County
FY 2026 HUD Fair Market Rents in New Mexico. Population: 16,453.
Fair Market Rents (2026)
Studio
National avg: $893
$723/mo
↑ 6.6% YoY
-19% vs US
1 Bedroom
National avg: $959
$888/mo
↑ 16.2% YoY
-7% vs US
2 Bedroom
National avg: $1,175
$973/mo
↑ 4.3% YoY
-17% vs US
3 Bedroom
National avg: $1,525
$1,353/mo
↑ 3.5% YoY
-11% 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 | $678 | $723 | +$45 (+6.6%) |
| 1 Bedroom | $764 | $888 | +$124 (+16.2%) |
| 2 Bedroom | $933 | $973 | +$40 (+4.3%) |
| 3 Bedroom | $1,307 | $1,353 | +$46 (+3.5%) |
| 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
San Miguel County
1 BR: $920/mo
Catron County
1 BR: $853/mo
Otero County
1 BR: $792/mo
San Juan County
1 BR: $885/mo
Guadalupe County
1 BR: $791/mo
Chaves County
1 BR: $887/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.