Lea County, NM · FY2026 area median income $92,200 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $307 | $461 | $615 | $768 | $922 | $1,076 | $1,230 |
| 1BR | $329 | $494 | $659 | $823 | $988 | $1,153 | $1,318 |
| 2BR | $395 | $593 | $791 | $988 | $1,186 | $1,384 | $1,582 |
| 3BR | $456 | $685 | $913 | $1,141 | $1,370 | $1,598 | $1,827 |
| 4BR | $509 | $764 | $1,019 | $1,273 | $1,528 | $1,783 | $2,038 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $18,450 | $30,750 | $36,900 | $49,200 |
| 2 persons | $21,090 | $35,150 | $42,180 | $56,240 |
| 3 persons | $23,730 | $39,550 | $47,460 | $63,280 |
| 4 persons | $26,340 | $43,900 | $52,680 | $70,240 |
| 5 persons | $28,470 | $47,450 | $56,940 | $75,920 |
| 6 persons | $30,570 | $50,950 | $61,140 | $81,520 |
| 7 persons | $32,670 | $54,450 | $65,340 | $87,120 |
| 8 persons | $34,770 | $57,950 | $69,540 | $92,720 |
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 Lea County to see the sources and uses, bond test, DSCR, and funding gap using these rents.