Rent by ZIP · Chaves County
Rent in Lake Arthur, NM 88253
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,240 (+5.1% vs FY2026). Renters in this ZIP code pay a median $1,079 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,000 | $890 | +12.4% | $900–1,100 | – |
| 1 bedroom | $1,050 | $1,010 | +4% | $945–1,155 | – |
| 2 bedrooms | $1,240 | $1,180 | +5.1% | $1,116–1,364 | – |
| 3 bedrooms | $1,690 | $1,580 | +7% | $1,521–1,859 | – |
| 4 bedrooms | $1,850 | $1,690 | +9.5% | $1,665–2,035 | – |
Small Area FMRs for the Chaves 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 Chaves County, NM, 2 bedrooms: $1,091.
What renters pay in 88253
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 |
|---|---|---|---|
| 88252 | Jal | $1,280 | – |
| 88256 | Loving | $1,250 | – |
| 88260 | Lovington | $1,240 | $980 |
| 88263 | Malaga | $1,260 | – |
| 88242 | Hobbs | $1,660 | $1,620 |
| 88265 | Monument | $1,340 | – |
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.