Fair Market Rent in Sierra County, NM

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

$706studio

$7801 bedroom

$1,0142 bedrooms

$1,4043 bedrooms

$1,5904 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Sierra County is $1,014 a month, +1% from FY2026. Sierra County is part of the Sierra 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	$692	+2%	$635–777
1 bedroom	$780	$765	+2%	$702–858
2 bedrooms	$1,014	$1,004	+1%	$913–1,115
3 bedrooms	$1,404	$1,396	+0.6%	$1,264–1,544
4 bedrooms	$1,590	$1,619	-1.8%	$1,431–1,749

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 Sierra 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
87901	Truth Or Consequences	$1,010	$838	$713
87930	Arrey	$1,010	–	–
87931	Caballo	$1,010	–	–
87933	Derry	$1,010	–	–
87935	Elephant Butte	$1,400	–	$1,111
87939	Monticello	$1,030	–	–
87942	Williamsburg	$1,010	–	$428
87943	Winston	$1,010	–	–
88042	Hillsboro	$1,010	–	–

Check a rent All of New Mexico

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.