Fair Market Rent · New Mexico
Fair Market Rent in Otero County, NM
FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.
HUD's FY2027 Fair Market Rent for a 2-bedroom home in Otero County is $1,014 a month, +4.2% from FY2026. Otero County is part of the Otero 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
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $706 | $671 | +5.2% | $635–777 |
| 1 bedroom | $877 | $792 | +10.7% | $789–965 |
| 2 bedrooms | $1,014 | $973 | +4.2% | $913–1,115 |
| 3 bedrooms | $1,404 | $1,353 | +3.8% | $1,264–1,544 |
| 4 bedrooms | $1,695 | $1,632 | +3.9% | $1,526–1,865 |
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 Otero County
Open a ZIP code for every size, the spread of rents and nearby ZIP codes.
| ZIP | Place | 2-bedroom FMR (ZIP) | Census median, 2 bedrooms | Census median, all sizes |
|---|---|---|---|---|
| 79837 | Dell City | $1,010 | – | – |
| 88081 | Chaparral | $1,010 | $605 | $853 |
| 88310 | Alamogordo | $1,010 | $839 | $894 |
| 88311 | Alamogordo | $1,010 | – | – |
| 88314 | Bent | $1,010 | – | – |
| 88317 | Cloudcroft | $1,010 | – | $776 |
| 88325 | High Rolls Mountain Park | $1,010 | – | – |
| 88330 | Holloman Air Force Base | $1,290 | $1,074 | $1,230 |
| 88337 | La Luz | $1,010 | – | $790 |
| 88340 | Mescalero | $1,010 | $285 | $330 |
| 88342 | Orogrande | $1,010 | – | – |
| 88344 | Pinon | $1,070 | – | – |
| 88347 | Sacramento | $1,010 | – | – |
| 88349 | Sunspot | $1,010 | – | – |
| 88350 | Timberon | $1,010 | – | – |
| 88352 | Tularosa | $1,010 | $683 | $938 |
| 88354 | Weed | $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.