Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,085$13,020 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in San Juan County, NM
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: San Juan 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 | $882 | $10,584 | $35,280 | $16.96/hr |
| 1-Bedroom Apartment | $885 | $10,620 | $35,400 | $17.02/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,085 | $13,020 | $43,400 | $20.87/hr |
| 3-Bedroom Home | $1,509 | $18,108 | $60,360 | $29.02/hr |
| 4-Bedroom Home | $1,630 | $19,560 | $65,200 | $31.35/hr |
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Frequently Asked Questions About Rent in San Juan County, NM
What is the Fair Market Rent for a 2-bedroom in San Juan County, NM?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in San Juan County, NM is $1,085 per month ($13,020 per year).
What hourly wage is needed to afford rent in San Juan County, NM?
To comfortably afford a 2-bedroom apartment at $1,085/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $20.87 per hour ($43,400/year).
What are the HUD Fair Market Rents by bedroom count in San Juan County, NM?
Official 2026 HUD rents in San Juan County, NM are: Studio: $882/mo, 1-Bedroom: $885/mo, 2-Bedroom: $1,085/mo, 3-Bedroom: $1,509/mo, and 4-Bedroom: $1,630/mo.
How do HUD Fair Market Rents compare to local incomes in San Juan County, NM?
At the local Census ACS median household income of $55,872/year ($4,656/month), the benchmark 2-bedroom Fair Market Rent represents 23.3% of monthly income.
How is the 30% housing affordability standard calculated in San Juan County, NM?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,085/month, the required minimum annual gross income is calculated as ($1,085 × 12) ÷ 0.30 = $43,400 per year.