Rental Benchmark Overview
2-Bedroom Benchmark Rent
$975$11,700 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Roosevelt County, NM
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Roosevelt 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 | $725 | $8,700 | $29,000 | $13.94/hr |
| 1-Bedroom Apartment | $772 | $9,264 | $30,880 | $14.85/hr |
| 2-Bedroom ApartmentStandard Benchmark | $975 | $11,700 | $39,000 | $18.75/hr |
| 3-Bedroom Home | $1,356 | $16,272 | $54,240 | $26.08/hr |
| 4-Bedroom Home | $1,636 | $19,632 | $65,440 | $31.46/hr |
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Frequently Asked Questions About Rent in Roosevelt County, NM
What is the Fair Market Rent for a 2-bedroom in Roosevelt County, NM?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Roosevelt County, NM is $975 per month ($11,700 per year).
What hourly wage is needed to afford rent in Roosevelt County, NM?
To comfortably afford a 2-bedroom apartment at $975/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $18.75 per hour ($39,000/year).
What are the HUD Fair Market Rents by bedroom count in Roosevelt County, NM?
Official 2026 HUD rents in Roosevelt County, NM are: Studio: $725/mo, 1-Bedroom: $772/mo, 2-Bedroom: $975/mo, 3-Bedroom: $1,356/mo, and 4-Bedroom: $1,636/mo.
How do HUD Fair Market Rents compare to local incomes in Roosevelt County, NM?
At the local Census ACS median household income of $52,685/year ($4,390/month), the benchmark 2-bedroom Fair Market Rent represents 22.2% of monthly income.
How is the 30% housing affordability standard calculated in Roosevelt County, NM?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $975/month, the required minimum annual gross income is calculated as ($975 × 12) ÷ 0.30 = $39,000 per year.