HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Taos County, New Mexico (FY 2027)
HUD's FY 2027 Fair Market Rent for a two-bedroom in Taos County is $1,292 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
Two-bedroom FMR
$1,292
+1.0% from FY 2026
Payment standard
$1,163–$1,421
90% to 110% of the FMR, two-bedroom
Income to afford
$51,680
a year, with rent at 30% of income
Rank in New Mexico
8th 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 | $900 | $810–$990 | $36,000 | $17.31/hr | -0.9% |
| 1 bedroom | $1,104 | $994–$1,214 | $44,160 | $21.23/hr | +3.0% |
| 2 bedroom | $1,292 | $1,163–$1,421 | $51,680 | $24.85/hr | +1.0% |
| 3 bedroom | $1,626 | $1,463–$1,789 | $65,040 | $31.27/hr | +2.1% |
| 4 bedroom | $1,932 | $1,739–$2,125 | $77,280 | $37.15/hr | -10.0% |
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 | $2,222 | $2,000–$2,444 |
| 6 bedroom Estimate | $2,512 | $2,261–$2,763 |
| 7 bedroom Estimate | $2,801 | $2,521–$3,081 |
| 8 bedroom Estimate | $3,091 | $2,782–$3,400 |
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 Taos actually rent for?
Search any address in Taos 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 Taos somewhere between $1,163 and $1,421. 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.
$1,292 a month is affordable, by HUD's 30% rule, on an income of roughly $51,680 a year. Put another way, $25 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%$1,163 | Voucher pays at 100%$1,292 | Voucher pays at 110%$1,421 |
|---|---|---|---|---|
| $2,500 | $750 | $413 | $542 | $671 |
| $4,000 | $1,200 | $0 | $92 | $221 |
Rate history
The two-bedroom rate went up 1% from FY 2026 ($1,279) to FY 2027 ($1,292). Since FY 2020 it's up 48% in total, about 5.7% 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 | $722 | $727 | $875 | $1,090 | $1,536 | — |
| FY 2021 | $756 | $760 | $920 | $1,144 | $1,593 | +5.1% |
| FY 2022 | $700 | $704 | $836 | $1,033 | $1,434 | -9.1% |
| FY 2023 | $769 | $809 | $937 | $1,182 | $1,596 | +12.1% |
| FY 2024 | $845 | $921 | $1,050 | $1,375 | $1,782 | +12.1% |
| FY 2025 | $808 | $934 | $1,070 | $1,368 | $1,797 | +1.9% |
| FY 2026 | $908 | $1,072 | $1,279 | $1,593 | $2,146 | +19.5% |
| FY 2027In effect | $900 | $1,104 | $1,292 | $1,626 | $1,932 | +1.0% |
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 Taos, that runs from $900 for a studio up to $1,932 for four bedrooms, all five rates in the table above.
Because Taos 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, Amalia included.
Among New Mexico's 33 counties, Taos ranks 8th for two-bedroom FMR. That's about 22% above the state median of $1,063 and about 22% above the national median county at $1,063. About 34,543 people live here, 14th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,160 in 87512 (Amalia) and $1,630 in 87529 (El Prado), 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 |
|---|---|---|---|
| 87512 | Amalia | $1,160 | -10.2% |
| 87513 | Arroyo Hondo | $1,290 | -0.2% |
| 87514 | Arroyo Seco | $1,290 | -0.2% |
| 87517 | Carson | $1,290 | -0.2% |
| 87519 | Cerro | $1,160 | -10.2% |
| 87521 | Chamisal | $1,160 | -10.2% |
| 87524 | Costilla | $1,290 | -0.2% |
| 87525 | Taos Ski Valley | $1,170 | -9.4% |
| 87529 | El Prado | $1,630 | +26.2% |
| 87543 | Llano | $1,230 | -4.8% |
| 87549 | Ojo Caliente | $1,160 | -10.2% |
| 87553 | Penasco | $1,230 | -4.8% |
| 87556 | Questa | $1,160 | -10.2% |
| 87557 | Ranchos De Taos | $1,450 | +12.2% |
| 87558 | Red River | $1,160 | -10.2% |
| 87564 | San Cristobal | $1,290 | -0.2% |
| 87571 | Taos | $1,270 | -1.7% |
| 87576 | Trampas | $1,290 | -0.2% |
| 87577 | Tres Piedras | $1,260 | -2.5% |
| 87579 | Vadito | $1,380 | +6.8% |
| 87580 | Valdez | $1,290 | -0.2% |
Nearby counties
Two-bedroom FMR, with how each compares to Taos.
Rio Arriba County
38 mi · 40,070 people
$1,014
-22%
Colfax County
42 mi · 12,322 people
$1,014
-22%
Mora County
43 mi · 4,149 people
$1,014
-22%
Los Alamos County
55 mi · 19,435 people
$1,874
+45%
Santa Fe County
65 mi · 156,105 people
$1,735
+34%
San Miguel County
71 mi · 26,850 people
$1,077
-17%
Sandoval County
82 mi · 153,604 people
$1,384
+7%
Harding County
95 mi · 741 people
$1,059
-18%
Questions people ask
$1,292 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $900 for a studio, $1,104 for one bedroom, $1,626 for three and $1,932 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 Taos actually go for?
HUD's number is one input. Search any address in Taos for a rent estimate built from nearby comps. Free to start, no card.
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