HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Harding County, New Mexico (FY 2026)
$1,040 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in Harding County, and it's the baseline every voucher in Harding is measured against.
2 bedroom FMR
$1,040
FY 2026, utilities included
Payment standard range
$936 to $1,144
90% to 110% of FMR
Income to afford 2BR
$41,600
per year, at 30% of income
Rank in New Mexico
17th of 33
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Harding moves to $1,059. That's up 2%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Harding actually rent for?
Search any address in Harding for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $773 | $696 to $850 | $30,920 | $14.87/hr | +14.0% |
| 1 bedroom | $853 | $768 to $938 | $34,120 | $16.40/hr | +11.6% |
| 2 bedroom | $1,040 | $936 to $1,144 | $41,600 | $20.00/hr | +11.5% |
| 3 bedroom | $1,424 | $1,282 to $1,566 | $56,960 | $27.38/hr | +11.9% |
| 4 bedroom | $1,677 | $1,509 to $1,845 | $67,080 | $32.25/hr | +8.3% |
5 to 8 bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,929 | $1,736 to $2,122 |
| 6 bedroom Estimate | $2,180 | $1,962 to $2,398 |
| 7 bedroom Estimate | $2,432 | $2,189 to $2,675 |
| 8 bedroom Estimate | $2,683 | $2,415 to $2,951 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2026 that's October 1, 2025 through September 30, 2026. In Harding, that runs from $773 for a studio up to $1,677 for four bedrooms, all five rates in the table above.
Because Harding sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Mills included.
Among New Mexico's 33 counties, Harding ranks 17th for two-bedroom FMR. That's within a couple percent of the state median of $1,040 and about 2% above the national median county at $1,018. About 671 people live here, 33rd in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,020 in 87730 (Mills) and $1,180 in 87733 (Mosquero), with the 4 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Harding somewhere between $936 and $1,144. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,040 a month is affordable, by HUD's 30% rule, on an income of roughly $41,600 a year. Put another way, $20 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($936) | HAP at 100% ($1,040) | HAP at 110% ($1,144) |
|---|---|---|---|---|
| $2,500 | $750 | $186 | $290 | $394 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 11% from FY 2025 ($933) to FY 2026 ($1,040). Since FY 2020 it's up 46% in total, about 6.5% a year. The New Mexico median moved up 11% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $559 | $563 | $714 | $1,030 | $1,181 | — |
| FY 2021 | $574 | $583 | $734 | $1,050 | $1,235 | +2.8% |
| FY 2022 | $550 | $579 | $726 | $1,031 | $1,240 | -1.1% |
| FY 2023 | $582 | $637 | $795 | $1,130 | $1,354 | +9.5% |
| FY 2024 | $627 | $707 | $877 | $1,236 | $1,488 | +10.3% |
| FY 2025 | $678 | $764 | $933 | $1,273 | $1,549 | +6.4% |
| FY 2026 | $773 | $853 | $1,040 | $1,424 | $1,677 | +11.5% |
| FY 2027 | $842 | $870 | $1,059 | $1,449 | $1,660 | +1.8% |
Nearby counties
Questions people ask
$1,040 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $773 for a studio, $853 for one bedroom, $1,424 for three and $1,677 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the payment standard and tenant share for a specific rent.
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords.
Rent affordability calculator
See what income a household needs for a given rent.
What does a rental in Harding actually go for?
HUD's number is one input. Search any address in Harding for a rent estimate built from nearby comps. 3 free searches, no card.
Free tier. No credit card.