Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,279$15,348 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Taos County, NM
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Taos 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 | $908 | $10,896 | $36,320 | $17.46/hr |
| 1-Bedroom Apartment | $1,072 | $12,864 | $42,880 | $20.62/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,279 | $15,348 | $51,160 | $24.60/hr |
| 3-Bedroom Home | $1,593 | $19,116 | $63,720 | $30.63/hr |
| 4-Bedroom Home | $2,146 | $25,752 | $85,840 | $41.27/hr |
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Frequently Asked Questions About Rent in Taos County, NM
What is the Fair Market Rent for a 2-bedroom in Taos County, NM?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Taos County, NM is $1,279 per month ($15,348 per year).
What hourly wage is needed to afford rent in Taos County, NM?
To comfortably afford a 2-bedroom apartment at $1,279/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $24.60 per hour ($51,160/year).
What are the HUD Fair Market Rents by bedroom count in Taos County, NM?
Official 2026 HUD rents in Taos County, NM are: Studio: $908/mo, 1-Bedroom: $1,072/mo, 2-Bedroom: $1,279/mo, 3-Bedroom: $1,593/mo, and 4-Bedroom: $2,146/mo.
How do HUD Fair Market Rents compare to local incomes in Taos County, NM?
At the local Census ACS median household income of $58,950/year ($4,913/month), the benchmark 2-bedroom Fair Market Rent represents 26% of monthly income.
How is the 30% housing affordability standard calculated in Taos County, NM?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,279/month, the required minimum annual gross income is calculated as ($1,279 × 12) ÷ 0.30 = $51,160 per year.
