HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in McKinley County, New Mexico (FY 2027)
HUD's FY 2027 Fair Market Rent for a two-bedroom in McKinley County is $1,140 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
Two-bedroom FMR
$1,140
+4.6% from FY 2026
Payment standard
$1,026–$1,254
90% to 110% of the FMR, two-bedroom
Income to afford
$45,600
a year, with rent at 30% of income
Rank in New Mexico
11th of 33
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $794 | $715–$873 | $31,760 | $15.27/hr | +5.6% |
| 1 bedroom | $911 | $820–$1,002 | $36,440 | $17.52/hr | +1.9% |
| 2 bedroom | $1,140 | $1,026–$1,254 | $45,600 | $21.92/hr | +4.6% |
| 3 bedroom | $1,358 | $1,222–$1,494 | $54,320 | $26.12/hr | +3.9% |
| 4 bedroom | $1,498 | $1,348–$1,648 | $59,920 | $28.81/hr | +3.8% |
Five to eight 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 | $1,723 | $1,551–$1,895 |
| 6 bedroom Estimate | $1,947 | $1,752–$2,142 |
| 7 bedroom Estimate | $2,172 | $1,955–$2,389 |
| 8 bedroom Estimate | $2,397 | $2,157–$2,637 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in McKinley actually rent for?
Search any address in McKinley for a rent estimate built from nearby comps, with the HUD figure right next to it.
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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 McKinley somewhere between $1,026 and $1,254. 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.
$1,140 a month is affordable, by HUD's 30% rule, on an income of roughly $45,600 a year. Put another way, $22 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$1,026 | Voucher pays at 100%$1,140 | Voucher pays at 110%$1,254 |
|---|---|---|---|---|
| $2,500 | $750 | $276 | $390 | $504 |
| $4,000 | $1,200 | $0 | $0 | $54 |
Rate history
The two-bedroom rate went up 5% from FY 2026 ($1,090) to FY 2027 ($1,140). Since FY 2020 it's up 60% in total, about 6.9% a year. The New Mexico median moved up 2% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $556 | $627 | $714 | $911 | $967 | — |
| FY 2021 | $636 | $645 | $742 | $966 | $1,006 | +3.9% |
| FY 2022 | $608 | $612 | $726 | $967 | $985 | -2.2% |
| FY 2023 | $666 | $671 | $795 | $1,063 | $1,068 | +9.5% |
| FY 2024 | $663 | $739 | $877 | $1,127 | $1,168 | +10.3% |
| FY 2025 | $652 | $799 | $951 | $1,169 | $1,261 | +8.4% |
| FY 2026 | $752 | $894 | $1,090 | $1,307 | $1,443 | +14.6% |
| FY 2027In effect | $794 | $911 | $1,140 | $1,358 | $1,498 | +4.6% |
About this rate
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 2027 that's October 1, 2026 through September 30, 2027. In McKinley, that runs from $794 for a studio up to $1,498 for four bedrooms, all five rates in the table above.
Because McKinley 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, Gallup included.
Among New Mexico's 33 counties, McKinley ranks 11th for two-bedroom FMR. That's about 7% above the state median of $1,063 and about 7% above the national median county at $1,063. About 70,431 people live here, 8th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,010 in 87313 (Crownpoint) and $1,570 in 87321 (Ramah), with the 21 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.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 87045 | Prewitt | $1,040 | -8.8% |
| 87301 | Gallup | $1,180 | +3.5% |
| 87302 | Gallup | $1,140County rate | — |
| 87305 | Gallup | $1,140 | 0.0% |
| 87310 | Brimhall | $1,100 | -3.5% |
| 87311 | Church Rock | $1,180 | +3.5% |
| 87312 | Continental Divide | $1,070 | -6.1% |
| 87313 | Crownpoint | $1,010 | -11.4% |
| 87316 | Fort Wingate | $1,410 | +23.7% |
| 87317 | Gamerco | $1,270 | +11.4% |
| 87319 | Mentmore | $1,140 | 0.0% |
| 87320 | Mexican Springs | $1,130 | -0.9% |
| 87321 | Ramah | $1,570 | +37.7% |
| 87322 | Rehoboth | $1,220 | +7.0% |
| 87323 | Thoreau | $1,020 | -10.5% |
| 87325 | Tohatchi | $1,090 | -4.4% |
| 87326 | Vanderwagen | $1,140 | 0.0% |
| 87327 | Zuni | $1,010 | -11.4% |
| 87328 | Navajo | $1,060 | -7.0% |
| 87347 | Jamestown | $1,460 | +28.1% |
| 87365 | Smith Lake | $1,020 | -10.5% |
| 87375 | Yatahey | $1,480 | +29.8% |
Nearby counties
Two-bedroom FMR, with how each compares to McKinley.
Cibola County
53 mi · 26,845 people
$1,022
-10%
San Juan County
79 mi · 120,942 people
$1,116
-2%
Sandoval County
104 mi · 153,604 people
$1,384
+21%
Valencia County
110 mi · 78,458 people
$1,384
+21%
Bernalillo County
112 mi · 673,930 people
$1,384
+21%
Catron County
112 mi · 3,743 people
$1,059
-7%
Los Alamos County
130 mi · 19,435 people
$1,874
+64%
Rio Arriba County
136 mi · 40,070 people
$1,014
-11%
Questions people ask
$1,140 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $794 for a studio, $911 for one bedroom, $1,358 for three and $1,498 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
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
The income a household needs for a given rent
What does a rental in McKinley actually go for?
HUD's number is one input. Search any address in McKinley for a rent estimate built from nearby comps. Free to start, no card.
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