FY2027 Small Area FMR · Ute Park, NM

ZIP 87749 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 87749 (Ute Park, NM) is $1,180 a month, down 0.8% from FY2026. That is 16% above the Colfax County, NM area-wide FMR of $1,014.

2-bedroom SAFMR$1,180per month ▼ 0.8%

Area-wide 2 BR FMR$1,014Colfax County, NM

Rank in the area3rdof 12 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,062

2 BR Small Area FMR$1,180

110% of SAFMR$1,298

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$940▲ 4.4%

1 BR$1,080▼ 0.9%

2 BR$1,180▼ 0.8%

3 BR$1,600▲ 0.6%

4 BR$1,850▼ 3.6%

FY2027 FY2026

Where 87749 sits in the Colfax County, NM area

Of the 12 ZIP codes HUD lists for the area, 87749 has the 3rd highest two-bedroom Small Area FMR. Colfax County, NM is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,014 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,180 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$940	$846 – $1,034	$807	$900
1 bedroom	$1,080	$972 – $1,188	$931	$1,090
2 bedrooms	$1,180	$1,062 – $1,298	$1,014	$1,190
3 bedrooms	$1,600	$1,440 – $1,760	$1,376	$1,590
4 bedrooms	$1,850	$1,665 – $2,035	$1,590	$1,920

A household renting a two-bedroom home at the Small Area FMR of $1,180 needs about $47,200 a year to keep housing costs at 30% of income. The area median family income is $64,700 and the 80% low-income limit for four people is $58,300. ZIP code 87749 lies mainly in Colfax County. See the Colfax County, NM county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
87718	Eagle Nest	11.1 mi	$1,280
87710	Angel Fire	13.2 mi	$1,520
87714	Cimarron	15.2 mi	$1,010
87525	Taos Ski Valley	19.7 mi	$1,170
87558	Red River	21.4 mi	$1,160
87729	Miami	23.0 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 87749?

HUD's FY2027 Small Area Fair Market Rents for 87749 are $940 (studio), $1,080 (1 BR), $1,180 (2 BR), $1,600 (3 BR) and $1,850 (4 BR) a month.

What is the Section 8 payment standard in 87749?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 87749 that range is $1,062 to $1,298 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 87749?

The FY2026 income limits of the Colfax County, NM area apply: median family income $64,700, low-income (80%) limit $58,300 for a family of four.