Rent by ZIP · Curry County
Rent in Melrose, NM 88124
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,010 (+4.1% vs FY2026). Renters in this ZIP code pay a median $841 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $710 | $670 | +6% | $639–781 | – |
| 1 bedroom | $810 | $790 | +2.5% | $729–891 | – |
| 2 bedrooms | $1,010 | $970 | +4.1% | $909–1,111 | $575 ±$432 |
| 3 bedrooms | $1,350 | $1,270 | +6.3% | $1,215–1,485 | $1,039 ±$257 |
| 4 bedrooms | $1,680 | $1,640 | +2.4% | $1,512–1,848 | – |
Small Area FMRs for the Curry 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 Curry County, NM, 2 bedrooms: $1,151.
What renters pay in 88124
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 88121 | House | $1,020 | – |
| 88120 | Grady | $1,010 | – |
| 88119 | Fort Sumner | $1,010 | – |
| 88118 | Floyd | $1,010 | – |
| 88130 | Portales | $1,020 | $842 |
| 88116 | Elida | $1,020 | – |
Fair Market Rents across Curry 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.