Resources

Pricing

Section 8 Map

STR Tax Guide

Blog

Lead Form

← Back to all cities in NM

2025 FMR And Section 8 Rents For Farmington NM

Section 8 is a federal program that guarantees monthly rent payments to landlords. The U.S. Department of Housing and Urban Development (HUD) publishes Fair Market Rents, which are 40th percentile averages of local rents, to determine their standard payment amount.

Use our Section 8 rents table to find the best market for Section 8 investment. See Section 8 rents in each zip code of farmington, NM.

Typically, the government guarantees 70% of the rent payment, and the tenant pays the remaining 30%. Section 8 tenants typically stay in their units 6-7x longer than regular tenants.

Zip CodeStudio1 Bed2 Bed3 Bed4 Bed
26408$870$880$1050$1480$1580
26435$843$847$1012$1426$1526
26405$843$847$1012$1426$1526
26426$920$930$1110$1570$1670
26410$1020$1030$1230$1730$1850
26424$930$940$1120$1580$1690
26425$843$847$1012$1426$1526
26376$970$980$1170$1650$1760
26430$843$847$1012$1426$1526
26412$843$847$1012$1426$1526
26416$1270$1270$1520$2140$2290
26411$843$847$1012$1426$1526
26421$843$847$1012$1426$1526
26431$843$847$1012$1426$1526
26377$950$950$1140$1610$1720
26378$843$850$1030$1470$1760
26404$843$847$1012$1426$1526
26419$990$1000$1190$1680$1790
26384$843$847$1012$1426$1526
26386$843$847$1012$1426$1526
26385$843$847$1012$1426$1526
26422$843$850$1012$1426$1526
26415$843$847$1012$1426$1526

Zip Code:

26408

Studio Rent:

$870

1 Bedroom Rent:

$880

2 Bedroom Rent:

$1050

3 Bedroom Rent:

$1480

4 Bedroom Rent:

$1580

Zip Code:

26435

Studio Rent:

$843

1 Bedroom Rent:

$847

2 Bedroom Rent:

$1012

3 Bedroom Rent:

$1426

4 Bedroom Rent:

$1526

Zip Code:

26405

Studio Rent:

$843

1 Bedroom Rent:

$847

2 Bedroom Rent:

$1012

3 Bedroom Rent:

$1426

4 Bedroom Rent:

$1526

Zip Code:

26426

Studio Rent:

$920

1 Bedroom Rent:

$930

2 Bedroom Rent:

$1110

3 Bedroom Rent:

$1570

4 Bedroom Rent:

$1670

Zip Code:

26410

Studio Rent:

$1020

1 Bedroom Rent:

$1030

2 Bedroom Rent:

$1230

3 Bedroom Rent:

$1730

4 Bedroom Rent:

$1850

Zip Code:

26424

Studio Rent:

$930

1 Bedroom Rent:

$940

2 Bedroom Rent:

$1120

3 Bedroom Rent:

$1580

4 Bedroom Rent:

$1690

Zip Code:

26425

Studio Rent:

$843

1 Bedroom Rent:

$847

2 Bedroom Rent:

$1012

3 Bedroom Rent:

$1426

4 Bedroom Rent:

$1526

Zip Code:

26376

Studio Rent:

$970

1 Bedroom Rent:

$980

2 Bedroom Rent:

$1170

3 Bedroom Rent:

$1650

4 Bedroom Rent:

$1760

Zip Code:

26430

Studio Rent:

$843

1 Bedroom Rent:

$847

2 Bedroom Rent:

$1012

3 Bedroom Rent:

$1426

4 Bedroom Rent:

$1526

Zip Code:

26412

Studio Rent:

$843

1 Bedroom Rent:

$847

2 Bedroom Rent:

$1012

3 Bedroom Rent:

$1426

4 Bedroom Rent:

$1526

Zip Code:

26416

Studio Rent:

$1270

1 Bedroom Rent:

$1270

2 Bedroom Rent:

$1520

3 Bedroom Rent:

$2140

4 Bedroom Rent:

$2290

Zip Code:

26411

Studio Rent:

$843

1 Bedroom Rent:

$847

2 Bedroom Rent:

$1012

3 Bedroom Rent:

$1426

4 Bedroom Rent:

$1526

Zip Code:

26421

Studio Rent:

$843

1 Bedroom Rent:

$847

2 Bedroom Rent:

$1012

3 Bedroom Rent:

$1426

4 Bedroom Rent:

$1526

Zip Code:

26431

Studio Rent:

$843

1 Bedroom Rent:

$847

2 Bedroom Rent:

$1012

3 Bedroom Rent:

$1426

4 Bedroom Rent:

$1526

Zip Code:

26377

Studio Rent:

$950

1 Bedroom Rent:

$950

2 Bedroom Rent:

$1140

3 Bedroom Rent:

$1610

4 Bedroom Rent:

$1720

Zip Code:

26378

Studio Rent:

$843

1 Bedroom Rent:

$850

2 Bedroom Rent:

$1030

3 Bedroom Rent:

$1470

4 Bedroom Rent:

$1760

Zip Code:

26404

Studio Rent:

$843

1 Bedroom Rent:

$847

2 Bedroom Rent:

$1012

3 Bedroom Rent:

$1426

4 Bedroom Rent:

$1526

Zip Code:

26419

Studio Rent:

$990

1 Bedroom Rent:

$1000

2 Bedroom Rent:

$1190

3 Bedroom Rent:

$1680

4 Bedroom Rent:

$1790

Zip Code:

26384

Studio Rent:

$843

1 Bedroom Rent:

$847

2 Bedroom Rent:

$1012

3 Bedroom Rent:

$1426

4 Bedroom Rent:

$1526

Zip Code:

26386

Studio Rent:

$843

1 Bedroom Rent:

$847

2 Bedroom Rent:

$1012

3 Bedroom Rent:

$1426

4 Bedroom Rent:

$1526

Zip Code:

26385

Studio Rent:

$843

1 Bedroom Rent:

$847

2 Bedroom Rent:

$1012

3 Bedroom Rent:

$1426

4 Bedroom Rent:

$1526

Zip Code:

26422

Studio Rent:

$843

1 Bedroom Rent:

$850

2 Bedroom Rent:

$1012

3 Bedroom Rent:

$1426

4 Bedroom Rent:

$1526

Zip Code:

26415

Studio Rent:

$843

1 Bedroom Rent:

$847

2 Bedroom Rent:

$1012

3 Bedroom Rent:

$1426

4 Bedroom Rent:

$1526

⚡️
Reveal any property's Airbnb and Long-Term rental profitability

Buy this property and list it on Airbnb.

Frequently Asked Section 8 Investing Questions

Fair Market Rent (FMR): HUD sets FMR by bedroom size for each area.

Payment Standard: The local PHA sets this between 90–110% of the FMR. It's the max PHA assistance.

Gross Rent: Contract rent (charged by landlord) + utility allowance (estimated tenant utility costs). Must fit payment standard limits.

Housing Assistance Payment (HAP):

The PHA pays the lower of:

  • Payment standard - Tenant's Total Tenant Payment (TTP).
  • Gross rent - TTP.

Example:

  • Payment standard: $1,500
  • Contract rent: $1,400
  • Utility allowance: $100
  • Tenant's TTP: $400
  • Gross rent: $1,500 ($1,400 + $100).
  • HAP: $1,100 (lower of $1,500 - $400 or $1,500 - $400).

Landlord receives $1,100 (PHA) + $400 (tenant) = $1,500 total.