FMR is below market; voucher rent may lag private rents.
0.79
1 BR
1 BR- 88063
0.84ratio
FMR$920
Market$1,100
vs market-$180
FMR is below market; voucher rent may lag private rents.
0.84
2 BR
2 BR- 88063
0.68ratio
FMR$1,010
Market$1,480
vs market-$470
FMR is below market; voucher rent may lag private rents.
0.68
3 BR
3 BR- 88063
0.81ratio
FMR$1,390
Market$1,720
vs market-$330
FMR is below market; voucher rent may lag private rents.
0.81
4 BR
4 BR- 88063
0.75ratio
FMR$1,610
Market$2,160
vs market-$550
FMR is below market; voucher rent may lag private rents.
0.75
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
--
Sunland Park, NM fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Sunland Park, NM is $1,010 a month. That is up 4.1% from $970 in FY 2026. Sunland 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 Sunland Park is 5% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Sunland Park, NM
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$700
$750
+7.1%
$675–$825
1BR
$890
$920
+3.4%
$828–$1,012
2BR
$970
$1,010
+4.1%
$909–$1,111
3BR
$1,350
$1,390
+3.0%
$1,251–$1,529
4BR
$1,590
$1,610
+1.3%
$1,449–$1,771
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Sunland Park, NM
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$750
$920
$1,010
$1,390
$1,610
FY 2026
$700
$890
$970
$1,350
$1,590
FY 2025
$730
$890
$1,040
$1,440
$1,760
FY 2024
$680
$810
$910
$1,270
$1,500
FY 2023
$660
$710
$830
$1,170
$1,350
Questions about Sunland Park, NM rents
How much will Section 8 pay for a two-bedroom in Sunland 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 $1,010 it would be $909 to $1,111. 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 Sunland Park, NM in?
Sunland 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 Sunland Park, NM for FY 2027?
The two-bedroom FMR rose 4.1%, from $970 in FY 2026 to $1,010 in FY 2027. Since FY 2023 it has risen 21.7%.
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