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Rent by ZIP · Quay County

Rent in Grady, NM 88120

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,010 (-1% vs FY2026). Renters in this ZIP code pay a median $525 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$720$730-1.4%$648–792–
1 bedroom$810$800+1.3%$729–891–
2 bedrooms$1,010$1,020-1%$909–1,111–
3 bedrooms$1,350$1,300+3.8%$1,215–1,485–
4 bedrooms$1,660$1,670-0.6%$1,494–1,826–

Small Area FMRs for the Quay County, NM. This ZIP code is in more than one HUD area; figures are for the main one. 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 Quay County, NM, 2 bedrooms: $1,019.

What renters pay in 88120

Median gross rent$525±$53 · all sizes
Renter households9153% of occupied homes
No cash rent80households

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
88119Fort Sumner$1,010–
88121House$1,020–
88118Floyd$1,010–
88116Elida$1,020–
88124Melrose$1,010$575
88113Causey$1,050–

Fair Market Rents across Quay 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.