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Rent by ZIP · Lea County

Rent in Monument, NM 88265

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,340 (-1.5% vs FY2026).

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,120$1,090+2.8%$1,008–1,232–
1 bedroom$1,130$1,090+3.7%$1,017–1,243–
2 bedrooms$1,340$1,360-1.5%$1,206–1,474–
3 bedrooms$1,680$1,690-0.6%$1,512–1,848–
4 bedrooms$1,840$1,880-2.1%$1,656–2,024–

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 88265

Median gross rent–all sizes
Renter households6556% of occupied homes
No cash rent0households

How rents are spread

Under $1,0000%
$1,000–1,499100%
$1,500–1,9990%
$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–
88267Tatum$1,200$943
88260Lovington$1,240$980
88256Loving$1,250–
88253Lake Arthur$1,240–
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.