Section 8 rent in Eddy County, NM

FY2025 HUD Small Area Fair Market Rents for the Eddy County, NM, covering 11 ZIP codes.

$1,034Avg 2BR FMR / mo
$1,137Avg 2BR at 110% Standard
11ZIP Codes

Fair market rent by bedroom count

Base SAFMR across all ZIP codes in this market. Housing authorities may set payment standards between 90% and 110% of these rates.

BedroomsLowest ZIPAverageHighest ZIPAvg 110% Standard
Studio$720$750$830$825
1 Bedroom$880$915$980$1,007
2 Bedrooms$980$1,034$1,140$1,137
3 Bedrooms$1,380$1,395$1,490$1,534
4 Bedrooms$1,490$1,505$1,660$1,656

Small multifamily Section 8 income

Estimated gross monthly and annual rent for 2-to-4 unit properties, assuming every unit is rented to Section 8 at this market's average fair market rent. Small multifamily is a favorite for long-term buy-and-hold investors stacking stable voucher income across multiple doors.

Property TypeUnit MixGross Monthly RentGross Annual Rent
Duplex2 × 2BR$2,068$24,816
Triplex3 × 2BR$3,102$37,224
Fourplex4 × 2BR$4,136$49,632
Fourplex4 × 3BR$5,580$66,960

Gross scheduled rent before vacancy, maintenance and management. Run any New Mexico multifamily listing through RealG to model it against real operating costs, or try the rental property calculator.

Highest-paying ZIP codes

Top 11 of 11 ZIP codes in this market, ranked by 2-bedroom SAFMR.

ZIP Code1BR2BR3BR4BR
88253 $920 $1,140 $1,490 $1,660
88220 $980 $1,080 $1,430 $1,490
88252 $880 $1,060 $1,380 $1,490
88263 $950 $1,050 $1,380 $1,490
88221 $930 $1,030 $1,380 $1,490
88268 $930 $1,030 $1,380 $1,490
88254 $920 $1,020 $1,380 $1,490
88256 $920 $1,020 $1,380 $1,490
88210 $880 $980 $1,380 $1,490
88250 $880 $980 $1,380 $1,490
88255 $880 $980 $1,380 $1,490

Quick cash flow check

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30-year fixed. Taxes and insurance estimated at 1.5% and 0.5% of price per year. Before vacancy, maintenance and management. For a full itemized analysis, run this market in RealG.

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Frequently asked questions

How much does Section 8 pay for a 2-bedroom in Eddy County, NM?
For FY2025, the average 2-bedroom Small Area Fair Market Rent in the Eddy County, NM is $1,034 per month, ranging from $980 to $1,140 depending on ZIP code. Local housing authorities may set payment standards between 90% and 110% of these rates, so the average 2-bedroom payment standard can reach $1,137.
What is a Small Area Fair Market Rent (SAFMR)?
SAFMRs are fair market rents that HUD publishes at the ZIP code level instead of one rate for a whole metro area. They reflect what modest rental housing actually costs in each ZIP, which means higher payment standards in more expensive neighborhoods. Housing choice voucher payments in this market are based on these rates.
Why do rents vary so much between ZIP codes here?
In Eddy County, NM, 2-bedroom SAFMRs run from $980 to $1,140 per month. HUD sets each ZIP's rate from local rent data, so neighborhoods with stronger rental markets get higher voucher payment standards. For investors, the spread matters: the same house price can produce very different Section 8 rents a few ZIP codes apart.
How do I find Section 8 investment properties in New Mexico?
RealG searches live listings across New Mexico, runs Section 8 numbers on every property using these HUD rates, and grades each deal A through D against your buying criteria. You can start free with no credit card and see graded deals in this market in minutes.

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