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Rent by ZIP · Doña Ana County

Rent in Santa Teresa, NM 88008

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,340 (+12.6% vs FY2026). Renters in this ZIP code pay a median $1,363 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$990$850+16.5%$891–1,089–
1 bedroom$1,220$1,090+11.9%$1,098–1,342$1,350 ±$55
2 bedrooms$1,340$1,190+12.6%$1,206–1,474$1,100 ±$211
3 bedrooms$1,820$1,660+9.6%$1,638–2,002$1,685 ±$124
4 bedrooms$2,110$1,800+17.2%$1,899–2,321–

Small Area FMRs for the Las Cruces, NM MSA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Las Cruces, NM MSA, 2 bedrooms: $1,073.

What renters pay in 88008

Median gross rent$1,363±$199 · all sizes
Renter households62415% of occupied homes
No cash rent14households

How rents are spread

Under $1,00023%
$1,000–1,49943%
$1,500–1,99934%
$2,000–2,4990%
$2,500–2,9990%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
88007Las Cruces$1,010$733
88005Las Cruces$1,060$883
88011Las Cruces$1,210$1,187
88012Las Cruces$1,440$1,183
88002White Sands Missile Range$1,520–
88001Las Cruces$1,070$852

Fair Market Rents across Doña Ana County, NM · All NM counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.