Metro FMR area · NM · HUD FY 2027

Las Cruces, NM Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Las Cruces, NM area is $1,073 a month, 16% below the New Mexico average and 39% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 29 ZIP codes range from $1,010 to $1,520.

$1,0732-bedroom FMR+$31 (+3.0%) vs FY 2026
$9751-bedroom FMRU.S.: $1,478
$42,920Income for a 2-bedroomat 30% of income
224,266Residents1 county

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Household income ($ per year, before tax)

Default: the income a 2-bedroom here needs at 30%.

Unit size

Rent you can afford at 30% of income$1,073/month

2-bedroom Fair Market Rent and the income it needs
Area	Fair Market Rent	Income needed	Share of your income
Las Cruces, NM FMR	$1,073	$42,920	–
New Mexico average	$1,282	$51,277	–
U.S. average	$1,761	$70,432	–

Las Cruces, NM Fair Market Rents, FY 2027 vs FY 2026
Unit	Las Cruces, NM FY 2027	FY 2026	Change	New Mexico avg	U.S. avg	Income needed
Studio	$790	$744	+$46 (+6.2%)	$935	$1,379	$31,600
1 bedroom	$975	$951	+$24 (+2.5%)	$1,051	$1,478	$39,000
2 bedrooms	$1,073	$1,042	+$31 (+3.0%)	$1,282	$1,761	$42,920
3 bedrooms	$1,461	$1,449	+$12 (+0.8%)	$1,716	$2,266	$58,440
4 bedrooms	$1,692	$1,580	+$112 (+7.1%)	$1,982	$2,607	$67,680

Counties in this FMR area

Counties in the Las Cruces, NM FMR area
County	Residents in area
Dona Ana County, NM	224,266

Small Area FMRs by ZIP code

Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,070.

Filter ZIP codes

FY 2027 Small Area Fair Market Rents, Las Cruces, NM
ZIP	Studio	1BR	2BR	3BR	4BR	2BR vs FY 2026	2BR vs area FMR
79835	$740	$920	$1,080	$1,470	$1,800	−$20 (−1.8%)	1% above
79922	$970	$1,190	$1,400	$1,920	$2,340	−$150 (−9.7%)	30% above
87936	$790	$970	$1,070	$1,460	$1,690	+$30 (+2.9%)	about the same as
87937	$750	$920	$1,010	$1,390	$1,610	+$40 (+4.1%)	6% below
87940	$820	$1,010	$1,110	$1,510	$1,750	+$50 (+4.7%)	3% above
87941	$790	$970	$1,070	$1,460	$1,690	+$30 (+2.9%)	about the same as
88001	$790	$970	$1,070	$1,460	$1,690	−$20 (−1.8%)	about the same as
88002	$1,120	$1,380	$1,520	$2,070	$2,400	+$40 (+2.7%)	42% above
88003	$790	$970	$1,070	$1,460	$1,690	−$20 (−1.8%)	about the same as
88004	$780	$960	$1,060	$1,440	$1,670	+$20 (+1.9%)	1% below
88005	$780	$960	$1,060	$1,440	$1,670	+$20 (+1.9%)	1% below
88007	$750	$920	$1,010	$1,390	$1,610	+$40 (+4.1%)	6% below
88008	$990	$1,220	$1,340	$1,820	$2,110	+$150 (+12.6%)	25% above
88011	$890	$1,100	$1,210	$1,650	$1,910	+$40 (+3.4%)	13% above
88012	$1,060	$1,310	$1,440	$1,960	$2,270	+$60 (+4.3%)	34% above
88013	$790	$970	$1,070	$1,460	$1,690	+$30 (+2.9%)	about the same as
88021	$750	$920	$1,010	$1,390	$1,610	+$40 (+4.1%)	6% below
88024	$750	$920	$1,010	$1,390	$1,610	+$40 (+4.1%)	6% below
88027	$750	$920	$1,010	$1,390	$1,610	+$40 (+4.1%)	6% below
88032	$790	$970	$1,070	$1,460	$1,690	+$30 (+2.9%)	about the same as
88033	$790	$970	$1,070	$1,460	$1,690	+$30 (+2.9%)	about the same as
88044	$770	$930	$1,050	$1,410	$1,620	+$50 (+5.0%)	2% below
88046	$780	$960	$1,060	$1,440	$1,670	−$60 (−5.4%)	1% below
88047	$800	$980	$1,080	$1,470	$1,700	+$10 (+0.9%)	1% above
88048	$750	$920	$1,010	$1,390	$1,610	+$40 (+4.1%)	6% below
88052	$950	$1,170	$1,290	$1,750	$2,030	+$50 (+4.0%)	20% above
88063	$750	$920	$1,010	$1,390	$1,610	+$40 (+4.1%)	6% below
88072	$750	$920	$1,010	$1,390	$1,610	+$40 (+4.1%)	6% below
88081	$720	$890	$1,010	$1,410	$1,670	+$40 (+4.1%)	6% below

Sources

U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).

Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.