FY2027 Small Area FMR · Hurley, NM

ZIP 88043 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 88043 (Hurley, NM) is $1,060 a month, down 6.2% from FY2026. That is 1% below the Grant County, NM area-wide FMR of $1,070.

2-bedroom SAFMR$1,060per month ▼ 6.2%

Area-wide 2 BR FMR$1,070Grant County, NM

Rank in the area12thof 20 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$954

2 BR Small Area FMR$1,060

110% of SAFMR$1,166

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

Studio$810▼ 5.8%

1 BR$820▼ 4.7%

2 BR$1,060▼ 6.2%

3 BR$1,270▼ 9.9%

4 BR$1,660▲ 10.7%

FY2027 FY2026

Where 88043 sits in the Grant County, NM area

Of the 20 ZIP codes HUD lists for the area, 88043 has the 12th highest two-bedroom Small Area FMR. Grant 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 $1,070 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,060 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	$810	$729 – $891	$820	$860
1 bedroom	$820	$738 – $902	$825	$860
2 bedrooms	$1,060	$954 – $1,166	$1,070	$1,130
3 bedrooms	$1,270	$1,143 – $1,397	$1,286	$1,410
4 bedrooms	$1,660	$1,494 – $1,826	$1,678	$1,500

A household renting a two-bedroom home at the Small Area FMR of $1,060 needs about $42,400 a year to keep housing costs at 30% of income. The area median family income is $68,400 and the 80% low-income limit for four people is $59,500. ZIP code 88043 lies mainly in Grant County. See the Grant County, NM county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
88023	Bayard	8.6 mi	$1,010
88034	Faywood	9.4 mi	$1,030
88026	Santa Clara	10.4 mi	$1,010
88061	Silver City	13.9 mi	$1,110
88065	Tyrone	14.1 mi	$1,110
88022	Arenas Valley	14.3 mi	$1,090

Questions

What is the Fair Market Rent for ZIP code 88043?

HUD's FY2027 Small Area Fair Market Rents for 88043 are $810 (studio), $820 (1 BR), $1,060 (2 BR), $1,270 (3 BR) and $1,660 (4 BR) a month.

What is the Section 8 payment standard in 88043?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 88043 that range is $954 to $1,166 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 88043?

The FY2026 income limits of the Grant County, NM area apply: median family income $68,400, low-income (80%) limit $59,500 for a family of four.