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Rent by ZIP · Lea County

Rent in Lovington, NM 88260

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,240 (-0.8% vs FY2026). Renters in this ZIP code pay a median $1,024 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,040$1,000+4%$936–1,144–
1 bedroom$1,040$1,010+3%$936–1,144–
2 bedrooms$1,240$1,250-0.8%$1,116–1,364$980 ±$115
3 bedrooms$1,560$1,550+0.6%$1,404–1,716$1,263 ±$322
4 bedrooms$1,700$1,730-1.7%$1,530–1,870–

Small Area FMRs for the Lea 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 Lea County, NM, 2 bedrooms: $1,327.

What renters pay in 88260

Median gross rent$1,024±$105 · all sizes
Renter households1,09224% of occupied homes
No cash rent147households

How rents are spread

Under $1,00048%
$1,000–1,49944%
$1,500–1,9998%
$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
88263Malaga$1,260–
88256Loving$1,250–
88265Monument$1,340–
88253Lake Arthur$1,240–
88267Tatum$1,200$943
88252Jal$1,280–

Fair Market Rents across Lea 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.