88346
ZIPSAFMR
Lincoln County, NM
BRFMR
Eff. Rent
0 BR$790$870
1 BR$800$880
2 BR$970$1,070
3 BR$1,270$1,400
4 BR$1,570$1,730
5 BR$1,805
6 BR$2,076
7 BR$2,388
8 BR$2,746

Purchase Price Calculator

Maximum purchase price
$97,085

Cost breakdown

+Likely effective rent$1,070
HUD FMR$970
Market rent$1,590
Est. payment standard (110%)Used$1,070
Estimated payment standard is $1,070 (110% of FMR).
-Principal and interest-$491
Loan amount$77,668
Down payment$19,417
Rate6.50%
Term30 years
-Operating costs-$379
Property taxes-$97
Insurance-$175
Utilities$0
HOA$0
Management-$107
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,448(89.9% ROI)
Projected value
$104,550
Current value$97,085
Return breakdown
Property appreciation+$7,465
Loan principal paid down+$2,783
Rental cash flow+$7,200
5-year hold
+$29,720(153.1% ROI)
Projected value
$109,843
Current value$97,085
Return breakdown
Property appreciation+$12,758
Loan principal paid down+$4,962
Rental cash flow+$12,000
10-year hold
+$63,016(324.5% ROI)
Projected value
$124,277
Current value$97,085
Return breakdown
Property appreciation+$27,192
Loan principal paid down+$11,824
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
0.58ratio
FMR$790
Market$1,370
vs market-$580

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

90% standard$711 / 0.52 ratio110% standard$869 / 0.63 ratio
0.58
1 BR
1 BR
0.55ratio
FMR$800
Market$1,460
vs market-$660

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

90% standard$720 / 0.49 ratio110% standard$880 / 0.60 ratio
0.55
2 BR
2 BR
0.61ratio
FMR$970
Market$1,590
vs market-$620

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

90% standard$873 / 0.55 ratio110% standard$1,067 / 0.67 ratio
0.61
3 BR
3 BR
0.64ratio
FMR$1,270
Market$1,980
vs market-$710

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

90% standard$1,143 / 0.58 ratio110% standard$1,397 / 0.71 ratio
0.64
4 BR
4 BR
0.73ratio
FMR$1,570
Market$2,150
vs market-$580

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

90% standard$1,413 / 0.66 ratio110% standard$1,727 / 0.80 ratio
0.73
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 88346 (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.

88346 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 88346 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $970 and the 4 bedroom fair market rent is $1,570.

Use this page for searches like 88346 FMR, 88346 fair market rent, and 88346 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 88346
Bedroom sizeHUD FMR
Studio$790
1 bedroom$800
2 bedroom$970
3 bedroom$1,270
4 bedroom$1,570