New Mexico · FIPS 35027 · HUD FY 2027
Lincoln County, New Mexico Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Lincoln County is $1,063 a month (rent plus utilities), 17% below the New Mexico average of $1,282 and 40% below the U.S. average of $1,761. That is up $64 (6.4%) from FY 2026. At 30% of income, a household needs about $42,520 a year to afford it.
- $1,0632-bedroom FMR+$64 (+6.4%) vs FY 2026
- $8391-bedroom FMRNew Mexico: $1,051 · U.S.: $1,478
- $42,520Income for a 2-bedroom$20/hour full-time
- 17 of 332BR rank in New Mexico1 = highest rent
| Unit | Lincoln County FY 2027 | FY 2026 | Change | New Mexico avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $834 | $815 | +$19 (+2.3%) | $935 | $1,379 | $33,360 |
| 1 bedroom | $839 | $820 | +$19 (+2.3%) | $1,051 | $1,478 | $33,560 |
| 2 bedrooms | $1,063 | $999 | +$64 (+6.4%) | $1,282 | $1,761 | $42,520 |
| 3 bedrooms | $1,355 | $1,305 | +$50 (+3.8%) | $1,716 | $2,266 | $54,200 |
| 4 bedrooms | $1,667 | $1,611 | +$56 (+3.5%) | $1,982 | $2,607 | $66,680 |
How Lincoln County compares
- Lincoln County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across New Mexico, 2-bedroom FMRs run from $1,014 (Union County) to $1,874 (Los Alamos County).
- Studio to 4-bedroom: $834, $839, $1,063, $1,355, $1,667. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 15 ZIP codes mostly in Lincoln County (by land area), the 2-bedroom figure ranges from $1,010 to $1,320.
Small Area FMRs by ZIP code in Lincoln County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 88301 | $800 | $800 | $1,010 | $1,300 | $1,600 | +$20 (+2.0%) | 5% below |
| 88312 | $830 | $840 | $1,060 | $1,350 | $1,660 | +$60 (+6.0%) | about the same as |
| 88316 | $880 | $880 | $1,120 | $1,430 | $1,760 | +$30 (+2.8%) | 5% above |
| 88318 | $910 | $1,070 | $1,320 | $1,840 | $2,160 | +$120 (+10.0%) | 24% above |
| 88323 | $830 | $840 | $1,060 | $1,350 | $1,660 | +$60 (+6.0%) | about the same as |
| 88324 | $830 | $840 | $1,060 | $1,350 | $1,660 | +$60 (+6.0%) | about the same as |
| 88336 | $830 | $840 | $1,060 | $1,350 | $1,660 | +$60 (+6.0%) | about the same as |
| 88338 | $830 | $840 | $1,060 | $1,350 | $1,660 | +$60 (+6.0%) | about the same as |
| 88341 | $820 | $840 | $1,050 | $1,360 | $1,670 | +$30 (+2.9%) | 1% below |
| 88343 | $830 | $840 | $1,060 | $1,350 | $1,660 | +$60 (+6.0%) | about the same as |
| 88345 | $840 | $840 | $1,070 | $1,360 | $1,680 | +$30 (+2.9%) | 1% above |
| 88346 | $810 | $810 | $1,030 | $1,310 | $1,610 | +$60 (+6.2%) | 3% below |
| 88348 | $830 | $840 | $1,060 | $1,350 | $1,660 | +$60 (+6.0%) | about the same as |
| 88351 | $830 | $840 | $1,060 | $1,350 | $1,660 | +$60 (+6.0%) | about the same as |
| 88355 | $840 | $840 | $1,070 | $1,360 | $1,680 | +$30 (+2.9%) | 1% above |
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).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
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.