Fair Market Rent - Eddy County, NM
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $791 |
| 1 Bedroom | $968 |
| 2 Bedroom | $1,087 |
| 3 Bedroom | $1,532 |
| 4 Bedroom | $1,648 |
Income Limits - Eddy County, NM
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,300
- Very Low (50%)
- $25,550
- Low (80%)
- $40,850
- Extremely Low (30%)
- $17,500
- Very Low (50%)
- $29,200
- Low (80%)
- $46,650
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,850
- Low (80%)
- $52,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,450
- Low (80%)
- $58,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,400
- Low (80%)
- $63,000
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,300
- Low (80%)
- $67,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,200
- Low (80%)
- $72,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,150
- Low (80%)
- $77,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,300 | $25,550 | $40,850 |
| 2 Persons | $17,500 | $29,200 | $46,650 |
| 3 Persons | $21,960 | $32,850 | $52,500 |
| 4 Persons | $26,500 | $36,450 | $58,300 |
| 5 Persons | $31,040 | $39,400 | $63,000 |
| 6 Persons | $35,580 | $42,300 | $67,650 |
| 7 Persons | $40,120 | $45,200 | $72,300 |
| 8 Persons | $44,660 | $48,150 | $77,000 |
All Cities in Eddy County
Frequently Asked Questions About Housing in Eddy County, NM
How many affordable housing options are in Eddy County, New Mexico?+
Eddy County, New Mexico has 144 affordable housing listings across 2 cities, with a total of 276 housing units. This includes 138 public housing, 6 LIHTC, and 0 housing authority listings.
What cities in Eddy County have affordable housing?+
Eddy County has affordable housing in 2 cities. The top cities include Artesia, Carlsbad. Browse the city listings on this page to see all available options by location.
What are the Fair Market Rents in Eddy County, New Mexico?+
The HUD Fair Market Rent (FMR) for Eddy County, New Mexico is: Studio: $791, 1BR: $968, 2BR: $1087, 3BR: $1532, 4BR: $1648. FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit. Subsidized housing typically charges 30% of the tenant's income.
What are the income limits for affordable housing in Eddy County, New Mexico?+
For a 4-person household in Eddy County, New Mexico: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,450, Low Income (80% AMI): $58,300. These HUD-set limits determine eligibility for various housing programs and are updated annually.
How do I apply for affordable housing in Eddy County, New Mexico?+
To apply for affordable housing in Eddy County, New Mexico: 1) Browse the listings on this page to find properties in your preferred city, 2) Contact the property or housing authority directly, 3) Complete their application, and 4) Provide proof of income and household size. Waitlist times vary — apply to multiple properties to maximize your chances.
What types of housing programs are available in Eddy County, New Mexico?+
Eddy County, New Mexico offers three main types of affordable housing: Public Housing (138 listings) — government-owned properties with income-based rent; LIHTC (6 listings) — privately owned apartments built with tax credits, offering below-market rents; and Housing Authorities (0 listings) — agencies administering Section 8 vouchers and public housing programs.
How large is the population of Eddy County?+
Eddy County has an estimated population of 47,781 across 2 cities. With 144 affordable housing properties serving the area, the county provides a range of housing assistance options for eligible residents.