Grant County, NM

2024 Fair Market Rents

Tags: 2024 40th percentile New Mexico

Return to the state page to see where New Mexico ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Grant County are Silver City, Bayard, Santa Clara, and Hurley. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Grant County use?

No Small Area Fair Market Rents were created by the HUD for this county/Metro FMR Area therefore Grant County uses 40th percentile Fair Market Rents.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Grant County compare?

Grant County ($877) has a 11.3% lower FMR for 2-Bedroom housing than the average of New Mexico ($989) and therefore has a lower gross rent.

Grant County is rank 26th out of 33 counties. This means the FMRs, or in other words, the gross rent is lower than 25 other counties. Grant County is the 8th cheapest county in terms of FMRs.

Rent Tables Grant County, NM

Fair Market Rent (40th Percentile)

$728
studio
$733
1-Bedroom
$877
2-Bedroom
$1,209
3-Bedroom
$1,303
4-Bedroom

Median Rent (50th Percentile)

$759
studio
$764
1-Bedroom
$914
2-Bedroom
$1,260
3-Bedroom
$1,358
4-Bedroom

Fair Market Rents on this page apply to the following cities in Grant County, New Mexico: Silver City, Bayard, Santa Clara, Hurley, Tyrone, Mimbres, Hanover, Arenas Valley, Fort Bayard, Gila, Hachita, Faywood, Mule Creek, Pinos Altos, Redrock, Cliff, and Buckhorn.

These Fair Market Rents also apply to the following ZIP codes in Grant County, New Mexico: 88061, 88062, 88023, 88026, 88043, 88065, 88049, 88041, 88022, 88036, 88038, 88040, 88034, 88051, 88053, 88055, 88028, and 88025.

More on Grant County, NM

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Data Source

HUD Seal

Fair Market Rents are published by the Department of Housing And Urban Development.