FY2027 Small Area FMR · Tyrone, NM

ZIP 88065 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 88065 (Tyrone, NM) is $1,110 a month, up 2.8% from FY2026. That is 4% above the Grant County, NM area-wide FMR of $1,070.

2-bedroom SAFMR$1,110per month ▲ 2.8%

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

Rank in the area1stof 20 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$999

2 BR Small Area FMR$1,110

110% of SAFMR$1,221

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

Studio$850▲ 3.7%

1 BR$860▲ 3.6%

2 BR$1,110▲ 2.8%

3 BR$1,330▼ 0.7%

4 BR$1,740▲ 21.7%

FY2027 FY2026

Where 88065 sits in the Grant County, NM area

Of the 20 ZIP codes HUD lists for the area, 88065 has the 1st 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 $1,110 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	$850	$765 – $935	$820	$820
1 bedroom	$860	$774 – $946	$825	$830
2 bedrooms	$1,110	$999 – $1,221	$1,070	$1,080
3 bedrooms	$1,330	$1,197 – $1,463	$1,286	$1,340
4 bedrooms	$1,740	$1,566 – $1,914	$1,678	$1,430

A household renting a two-bedroom home at the Small Area FMR of $1,110 needs about $44,400 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 88065 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
88061	Silver City	1.6 mi	$1,110
88026	Santa Clara	10.9 mi	$1,010
88023	Bayard	11.3 mi	$1,010
88022	Arenas Valley	12.6 mi	$1,090
88043	Hurley	14.1 mi	$1,060
88053	Pinos Altos	17.1 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 88065?

HUD's FY2027 Small Area Fair Market Rents for 88065 are $850 (studio), $860 (1 BR), $1,110 (2 BR), $1,330 (3 BR) and $1,740 (4 BR) a month.

What is the Section 8 payment standard in 88065?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 88065 that range is $999 to $1,221 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 88065?

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.