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Fair Market Rent · New Mexico

Fair Market Rent in Chaves County, NM

FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.

$868studio
$8921 bedroom
$1,0912 bedrooms
$1,4763 bedrooms
$1,6244 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Chaves County is $1,091 a month, +1.9% from FY2026. Chaves County is part of the Chaves County, NM (a non-metro county area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.

Area-wide Fair Market Rents

SizeFY2027FY2026ChangeTypical voucher range (90–110%)
Studio$868$738+17.6%$781–955
1 bedroom$892$887+0.6%$803–981
2 bedrooms$1,091$1,071+1.9%$982–1,200
3 bedrooms$1,476$1,421+3.9%$1,328–1,624
4 bedrooms$1,624$1,562+4%$1,462–1,786

The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.

Rents by ZIP code in Chaves County

Open a ZIP code for every size, the spread of rents and nearby ZIP codes.

ZIPPlace2-bedroom FMR (ZIP)Census median, 2 bedroomsCensus median, all sizes
88201Roswell$1,210$939$991
88203Roswell$1,020$793$789
88230Dexter$1,070$668$783
88232Hagerman$1,010$707$703
88250Hope$1,180––
88253Lake Arthur$1,240–$1,079
88339Mayhill$1,010––

Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.