Rental Benchmark Overview
2-Bedroom Benchmark Rent
$993$11,916 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Cibola County, NM
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Cibola County, NM
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $738 | $8,856 | $29,520 | $14.19/hr |
| 1-Bedroom Apartment | $823 | $9,876 | $32,920 | $15.83/hr |
| 2-Bedroom ApartmentStandard Benchmark | $993 | $11,916 | $39,720 | $19.10/hr |
| 3-Bedroom Home | $1,223 | $14,676 | $48,920 | $23.52/hr |
| 4-Bedroom Home | $1,315 | $15,780 | $52,600 | $25.29/hr |
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Frequently Asked Questions About Rent in Cibola County, NM
What is the Fair Market Rent for a 2-bedroom in Cibola County, NM?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Cibola County, NM is $993 per month ($11,916 per year).
What hourly wage is needed to afford rent in Cibola County, NM?
To comfortably afford a 2-bedroom apartment at $993/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $19.10 per hour ($39,720/year).
What are the HUD Fair Market Rents by bedroom count in Cibola County, NM?
Official 2026 HUD rents in Cibola County, NM are: Studio: $738/mo, 1-Bedroom: $823/mo, 2-Bedroom: $993/mo, 3-Bedroom: $1,223/mo, and 4-Bedroom: $1,315/mo.
How do HUD Fair Market Rents compare to local incomes in Cibola County, NM?
At the local Census ACS median household income of $50,759/year ($4,230/month), the benchmark 2-bedroom Fair Market Rent represents 23.5% of monthly income.
How is the 30% housing affordability standard calculated in Cibola County, NM?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $993/month, the required minimum annual gross income is calculated as ($993 × 12) ÷ 0.30 = $39,720 per year.