Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,098$13,176 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Curry County, NM
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Curry 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 | $757 | $9,084 | $30,280 | $14.56/hr |
| 1-Bedroom Apartment | $892 | $10,704 | $35,680 | $17.15/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,098 | $13,176 | $43,920 | $21.12/hr |
| 3-Bedroom Home | $1,425 | $17,100 | $57,000 | $27.40/hr |
| 4-Bedroom Home | $1,842 | $22,104 | $73,680 | $35.42/hr |
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Frequently Asked Questions About Rent in Curry County, NM
What is the Fair Market Rent for a 2-bedroom in Curry County, NM?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Curry County, NM is $1,098 per month ($13,176 per year).
What hourly wage is needed to afford rent in Curry County, NM?
To comfortably afford a 2-bedroom apartment at $1,098/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $21.12 per hour ($43,920/year).
What are the HUD Fair Market Rents by bedroom count in Curry County, NM?
Official 2026 HUD rents in Curry County, NM are: Studio: $757/mo, 1-Bedroom: $892/mo, 2-Bedroom: $1,098/mo, 3-Bedroom: $1,425/mo, and 4-Bedroom: $1,842/mo.
How do HUD Fair Market Rents compare to local incomes in Curry County, NM?
At the local Census ACS median household income of $57,309/year ($4,776/month), the benchmark 2-bedroom Fair Market Rent represents 23% of monthly income.
How is the 30% housing affordability standard calculated in Curry County, NM?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,098/month, the required minimum annual gross income is calculated as ($1,098 × 12) ÷ 0.30 = $43,920 per year.