Eddy County, NM

2025 Fair Market Rents

Tags: 2025 New Mexico

Return to the state page to see where New Mexico ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Eddy County are Carlsbad, Artesia, Loving, and Lakewood. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Eddy County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Eddy County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Eddy County compare?

Eddy County ($1,031) has a 0.8% lower FMR for 2-Bedroom housing than the average of New Mexico ($1,039) and therefore has a lower gross rent.

Eddy County is rank 11th out of 33 counties. This means the FMRs, or in other words, the gross rent is higher than 22 other counties. Eddy County is the 11th most expensive county in terms of FMRs.

Rent Tables Eddy County, NM

Fair Market Rent (40th Percentile)

$750
studio
$931
1-Bedroom
$1,031
2-Bedroom
$1,379
3-Bedroom
$1,484
4-Bedroom

Median Rent (50th Percentile)

$852
studio
$1,058
1-Bedroom
$1,172
2-Bedroom
$1,548
3-Bedroom
$1,554
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
88210 $720 $880 $980 $1,380 $1,490
88220 $790 $980 $1,080 $1,430 $1,490
88221 $750 $930 $1,030 $1,380 $1,490
88254 $740 $920 $1,020 $1,380 $1,490
88255 $720 $880 $980 $1,380 $1,490
88256 $740 $920 $1,020 $1,380 $1,490
88263 $760 $950 $1,050 $1,380 $1,490
88268 $750 $930 $1,030 $1,380 $1,490
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
88210 $648 $792 $882 $1,242 $1,341
88220 $711 $882 $972 $1,287 $1,341
88221 $675 $837 $927 $1,242 $1,341
88254 $666 $828 $918 $1,242 $1,341
88255 $648 $792 $882 $1,242 $1,341
88256 $666 $828 $918 $1,242 $1,341
88263 $684 $855 $945 $1,242 $1,341
88268 $675 $837 $927 $1,242 $1,341
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
88210 $792 $968 $1,078 $1,518 $1,639
88220 $869 $1,078 $1,188 $1,573 $1,639
88221 $825 $1,023 $1,133 $1,518 $1,639
88254 $814 $1,012 $1,122 $1,518 $1,639
88255 $792 $968 $1,078 $1,518 $1,639
88256 $814 $1,012 $1,122 $1,518 $1,639
88263 $836 $1,045 $1,155 $1,518 $1,639
88268 $825 $1,023 $1,133 $1,518 $1,639

Fair Market Rents on this page apply to the following cities in Eddy County, New Mexico: Carlsbad, Artesia, Loving, Lakewood, Loco Hills, Malaga, and Whites City.

These Fair Market Rents also apply to the following ZIP codes in Eddy County, New Mexico: 88220, 88210, 88221, 88256, 88254, 88255, 88263, and 88268.

More on Eddy County, NM

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.