Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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Radium Springs, NM fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in Radium Springs, NM is $1,073 a month. That is up 3.0% from $1,042 in FY 2026. Radium Springs is in the Las Cruces, NM MSA.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Radium Springs, NM
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$744
$790
+6.2%
$711–$869
1BR
$951
$975
+2.5%
$878–$1,073
2BR
$1,042
$1,073
+3.0%
$966–$1,180
3BR
$1,449
$1,461
+0.8%
$1,315–$1,607
4BR
$1,580
$1,692
+7.1%
$1,523–$1,861
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Radium Springs, NM
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$790
$975
$1,073
$1,461
$1,692
FY 2026
$744
$951
$1,042
$1,449
$1,580
FY 2025
$741
$940
$1,041
$1,447
$1,605
FY 2024
$739
$881
$989
$1,383
$1,562
FY 2023
$715
$772
$893
$1,269
$1,459
Questions about Radium Springs, NM rents
How much will Section 8 pay for a two-bedroom in Radium Springs, NM?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,073, that basic range is $966 to $1,180 a month. 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 Radium Springs, NM in?
Radium Springs, NM is in the Las Cruces, NM MSA. Small Area FMRs are not mandatory in this area.
How much did fair market rent change in Radium Springs, NM for FY 2027?
The two-bedroom FMR rose 3.0%, from $1,042 in FY 2026 to $1,073 in FY 2027. Since FY 2023 it has risen 20.2%.
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 Fair Market Rents. 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