Grant County, NM · FY2026 area median income $68,400 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $260 | $390 | $521 | $651 | $781 | $911 | $1,042 |
| 1BR | $279 | $418 | $558 | $698 | $837 | $977 | $1,117 |
| 2BR | $335 | $502 | $670 | $837 | $1,005 | $1,172 | $1,340 |
| 3BR | $387 | $580 | $774 | $967 | $1,161 | $1,354 | $1,548 |
| 4BR | $432 | $648 | $864 | $1,080 | $1,296 | $1,512 | $1,728 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $15,630 | $26,050 | $31,260 | $41,680 |
| 2 persons | $17,880 | $29,800 | $35,760 | $47,680 |
| 3 persons | $20,100 | $33,500 | $40,200 | $53,600 |
| 4 persons | $22,320 | $37,200 | $44,640 | $59,520 |
| 5 persons | $24,120 | $40,200 | $48,240 | $64,320 |
| 6 persons | $25,920 | $43,200 | $51,840 | $69,120 |
| 7 persons | $27,690 | $46,150 | $55,380 | $73,840 |
| 8 persons | $29,490 | $49,150 | $58,980 | $78,640 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Grant County to see the sources and uses, bond test, DSCR, and funding gap using these rents.