FMR is below market; voucher rent may lag private rents.
0.85
4 BR
4 BR- 88047
0.93ratio
FMR$1,700
Market$1,830
vs market-$130
FMR is near market; voucher and private rents are aligned.
0.93
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Mesilla Park, NM fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Mesilla Park, NM is $1,080 a month. That is up 0.9% from $1,070 in FY 2026. Mesilla Park is in the Las Cruces, NM MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,073. The median county two-bedroom FMR in New Mexico is $1,063, so Mesilla Park is 2% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Mesilla Park, NM
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$770
$800
+3.9%
$720–$880
1BR
$980
$980
0.0%
$882–$1,078
2BR
$1,070
$1,080
+0.9%
$972–$1,188
3BR
$1,490
$1,470
−1.3%
$1,323–$1,617
4BR
$1,620
$1,700
+4.9%
$1,530–$1,870
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Mesilla Park, NM
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$800
$980
$1,080
$1,470
$1,700
FY 2026
$770
$980
$1,070
$1,490
$1,620
FY 2025
$750
$950
$1,050
$1,460
$1,620
FY 2024
$780
$930
$1,040
$1,450
$1,640
FY 2023
$760
$820
$950
$1,340
$1,550
Questions about Mesilla Park, NM rents
How much will Section 8 pay for a two-bedroom in Mesilla Park, NM?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,073, which applies unless the housing authority uses Small Area FMRs, that basic range is $966 to $1,180 a month; under the ZIP-level Small Area FMR of $1,080 it would be $972 to $1,188. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Mesilla Park, NM in?
Mesilla Park, NM is in the Las Cruces, NM MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,073.
How much did fair market rent change in Mesilla Park, NM for FY 2027?
The two-bedroom FMR rose 0.9%, from $1,070 in FY 2026 to $1,080 in FY 2027. Since FY 2023 it has risen 13.7%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set