Rent by ZIP · Chaves County
Rent in Hagerman, NM 88232
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 $703 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $810 | $670 | +20.9% | $729–891 | – |
| 1 bedroom | $830 | $810 | +2.5% | $747–913 | – |
| 2 bedrooms | $1,010 | $970 | +4.1% | $909–1,111 | $707 ±$310 |
| 3 bedrooms | $1,380 | $1,290 | +7% | $1,242–1,518 | $704 ±$331 |
| 4 bedrooms | $1,520 | $1,420 | +7% | $1,368–1,672 | – |
Small Area FMRs for the Chaves County, NM. 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 Chaves County, NM, 2 bedrooms: $1,091.
What renters pay in 88232
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 |
|---|---|---|---|
| 88231 | Eunice | $1,350 | $687 |
| 88230 | Dexter | $1,070 | $668 |
| 88240 | Hobbs | $1,330 | $1,031 |
| 88242 | Hobbs | $1,660 | $1,620 |
| 88220 | Carlsbad | $1,280 | $1,272 |
| 88252 | Jal | $1,280 | – |
Fair Market Rents across Chaves 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.