Rent in Lea County, NM
The Fair Market Rent (FMR) for a two-bedroom home in Lea County, NM is $1,324/month for HUD fiscal year 2026 — HUD's estimate of the 40th-percentile gross rent for standard-quality rentals in this market.
Quick answer: A two-bedroom in Lea County, NM has an FMR of $1,324/month (FY2026). That is 36% above the national median of $974. Lea County, NM ranks #420 of 2,622 HUD FMR areas by two-bedroom rent (1 = most expensive).
Fair Market Rent by bedroom size, Lea County, NM
| Unit size | Fair Market Rent / month |
|---|---|
| Studio / efficiency | $1,062 |
| 1 bedroom | $1,068 |
| 2 bedrooms | $1,324 |
| 3 bedrooms | $1,641 |
| 4 bedrooms | $1,829 |
Nearby on the rent ranking
- Wildwood-The Villages, FL MSA$1,328/mo
- Kankakee, IL MSA$1,326/mo
- Monroe, MI MSA$1,326/mo
- Lafayette County, FL$1,323/mo
- Teton County, ID$1,323/mo
- Franklin County, ME$1,322/mo
Frequently asked questions
- How much is rent in Lea County, NM?
- The Fair Market Rent (FMR) for a two-bedroom unit in Lea County, NM is $1,324 per month for HUD fiscal year 2026. A one-bedroom is $1,068 and a three-bedroom is $1,641 per month.
- What is the studio and one-bedroom Fair Market Rent in Lea County, NM?
- For FY2026, HUD's efficiency/studio FMR in Lea County, NM is $1,062 per month and the one-bedroom FMR is $1,068 per month.
- How is the Fair Market Rent for Lea County, NM calculated?
- HUD's Fair Market Rent is an estimate of the 40th-percentile gross rent — rent plus tenant-paid utilities, excluding telephone, cable, satellite and internet — for standard-quality rental units in the local housing market. Figures are set per HUD FMR area and apply to every county within that area.
- What are Fair Market Rents used for in Lea County, NM?
- FMRs set the payment standards for the Housing Choice Voucher (Section 8) program and other HUD rental-assistance programs in Lea County, NM. They cap the subsidy a voucher can pay toward rent and are also widely used as a benchmark for typical local rents.
- How does rent in Lea County, NM compare nationally?
- Lea County, NM ranks #420 of 2,622 HUD FMR areas by two-bedroom FMR (1 = most expensive). The national median two-bedroom FMR is $974 per month.
Source: U.S. Department of Housing and Urban Development (HUD USER), FY2026 Fair Market Rents. Public domain (17 U.S.C. § 105). Figures effective 1 October 2025. Last updated 2025-10-01.