88345
ZIPSAFMR
Lincoln County, NM
BRFMR
Eff. Rent
0 BR$850$940
1 BR$850$940
2 BR$1,040$1,140
3 BR$1,360$1,500
4 BR$1,680$1,850
5 BR$1,932
6 BR$2,222
7 BR$2,555
8 BR$2,938

Purchase Price Calculator

Maximum purchase price
$107,487

Cost breakdown

+Likely effective rent$1,140
HUD FMR$1,040
Market rent$1,500
Est. payment standard (110%)Used$1,140
Estimated payment standard is $1,140 (110% of FMR).
-Principal and interest-$544
Loan amount$85,990
Down payment$21,497
Rate6.50%
Term30 years
-Operating costs-$396
Property taxes-$107
Insurance-$175
Utilities$0
HOA$0
Management-$114
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,546(86.3% ROI)
Projected value
$115,752
Current value$107,487
Return breakdown
Property appreciation+$8,265
Loan principal paid down+$3,081
Rental cash flow+$7,200
5-year hold
+$31,619(147.1% ROI)
Projected value
$121,612
Current value$107,487
Return breakdown
Property appreciation+$14,125
Loan principal paid down+$5,494
Rental cash flow+$12,000
10-year hold
+$67,196(312.6% ROI)
Projected value
$137,592
Current value$107,487
Return breakdown
Property appreciation+$30,105
Loan principal paid down+$13,091
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.64ratio
FMR$850
Market$1,330
vs market-$480

FMR is below market; voucher rent may lag private rents.

90% standard$765 / 0.58 ratio110% standard$935 / 0.70 ratio
0.64
1 BR
1 BR
0.60ratio
FMR$850
Market$1,410
vs market-$560

FMR is below market; voucher rent may lag private rents.

90% standard$765 / 0.54 ratio110% standard$935 / 0.66 ratio
0.60
2 BR
2 BR
0.69ratio
FMR$1,040
Market$1,500
vs market-$460

FMR is below market; voucher rent may lag private rents.

90% standard$936 / 0.62 ratio110% standard$1,144 / 0.76 ratio
0.69
3 BR
3 BR
0.67ratio
FMR$1,360
Market$2,040
vs market-$680

FMR is below market; voucher rent may lag private rents.

90% standard$1,224 / 0.60 ratio110% standard$1,496 / 0.73 ratio
0.67
4 BR
4 BR
0.78ratio
FMR$1,680
Market$2,150
vs market-$470

FMR is below market; voucher rent may lag private rents.

90% standard$1,512 / 0.70 ratio110% standard$1,848 / 0.86 ratio
0.78
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 88345 (NM) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

88345 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 88345 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,040 and the 4 bedroom fair market rent is $1,680.

Use this page for searches like 88345 FMR, 88345 fair market rent, and 88345 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 88345
Bedroom sizeHUD FMR
Studio$850
1 bedroom$850
2 bedroom$1,040
3 bedroom$1,360
4 bedroom$1,680