Lea County, NM
Section 8 Fair Market Rents · FY 2026
Fair Market Rents by bedroom size
HUD sets FMRs annually. Local PHAs set their payment standards at 90–110% of FMR (higher with HUD approval) — the ranges below are estimates; confirm with the housing authority.
| Bedroom size | Fair Market Rent | Est. payment standard range |
|---|---|---|
| Studio | $1,062/mo | $956 – $1,168/mo |
| 1 BR | $1,068/mo | $961 – $1,175/mo |
| 2 BR | $1,324/mo | $1,192 – $1,456/mo |
| 3 BR | $1,641/mo | $1,477 – $1,805/mo |
| 4 BR | $1,829/mo | $1,646 – $2,012/mo |
Fair Market Rent by unit size — Lea County, NM (FY 2026)
Source: HUD FY 2026 data for Lea County. Payment standard ranges shown are 90–110% of FMR; actual standards vary by housing authority.
Finding the housing authority
We don't have a housing authority on file for Lea County yet. Use the Housing Authority Finder with a local ZIP code to locate the agency that administers vouchers here.
Am I eligible?
To qualify for a Housing Choice Voucher in Lea County, your household's gross annual income generally must be at or below the limits below (50% of area median income, as set by HUD). Most agencies are required to prioritize applicants at or below 30% AMI for at least 75% of new vouchers.
| Household size | Max gross annual income |
|---|---|
| 1 person | $30,750 |
| 2 people | $35,150 |
| 3 people | $39,550 |
| 4 people | $43,900 |
| 5 people | $47,450 |
| 6 people | $50,950 |
| 7 people | $54,450 |
| 8 people | $57,950 |
Source: HUD Income Limits, 2026. Meeting the income limit does not guarantee a voucher — waiting lists, local preferences, and funding levels vary by housing authority. Learn more about eligibility →
Income-restricted housing in Lea County
These properties were built or rehabilitated using the federal Low-Income Housing Tax Credit (LIHTC) program and must rent a portion of units below market rate. Many, but not all, accept Section 8 Housing Choice Vouchers — contact the property directly to confirm current availability and voucher acceptance.
PLAYA ESCONDIDA APARTMENTS
1021 EAST YESO STREET, HOBBS, NM, 8224060 income-restricted unitsBuilt 20164% LIHTCCompliance through ~2046SOUTHVIEW PLACE APTS
1300 W AVE R, LOVINGTON, NM, 8826046 income-restricted units of 48 totalBuilt 20099% LIHTCCompliance through ~2039- Elderly
WILLOW BEND VILLAS
1000 N MARLAND BLVD, HOBBS, NM, 8824060 income-restricted units12 1BR, 28 2BR, 20 3BRBuilt 20054% LIHTCCompliance through ~2035 POLK AVENUE APTS
214 W POLK AVE, LOVINGTON, NM, 8826051 income-restricted units of 52 total39 1BR, 13 2BRBuilt 19999% LIHTCCompliance through ~2029BROADWAY PLACE
1204 E BROADWAY ST, HOBBS, NM, 8824012 income-restricted units8 1BR, 4 3BRBuilt 19984% LIHTCCompliance through ~2028SUNRISE HOMES
1515 E SCHARBAUER ST, HOBBS, NM, 8824032 income-restricted units8 1BR, 8 2BR, 16 3BRBuilt 19984% LIHTCCompliance through ~2028BROADWAY APTS
1200 E BROADWAY ST, HOBBS, NM, 8824078 income-restricted unitsBuilt 19974% LIHTCCompliance through ~2027
Source: HUD LIHTC Public-Use Database. Properties shown were placed in service within the last 35 years and may still be under compliance obligations. Verify availability, income limits, and voucher acceptance directly with each property. More on finding affordable housing →
Estimate your voucher payment
Enter a Lea County ZIP code in the Voucher Payment Estimator for a personalized rent and subsidy estimate based on local FMR data.
Estimate payment →Investor: find your price ceiling
Use the Property Budget Calculator to find the max purchase price that hits your target return on a Section 8 unit in this market.
Run the numbers →