Quay County, NM · FY2026 area median income $60,400 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $255 | $383 | $511 | $638 | $766 | $894 | $1,022 |
| 1BR | $273 | $410 | $547 | $684 | $821 | $958 | $1,095 |
| 2BR | $328 | $492 | $657 | $821 | $985 | $1,149 | $1,314 |
| 3BR | $379 | $568 | $758 | $948 | $1,137 | $1,327 | $1,517 |
| 4BR | $423 | $634 | $846 | $1,057 | $1,269 | $1,480 | $1,692 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $15,330 | $25,550 | $30,660 | $40,880 |
| 2 persons | $17,520 | $29,200 | $35,040 | $46,720 |
| 3 persons | $19,710 | $32,850 | $39,420 | $52,560 |
| 4 persons | $21,870 | $36,450 | $43,740 | $58,320 |
| 5 persons | $23,640 | $39,400 | $47,280 | $63,040 |
| 6 persons | $25,380 | $42,300 | $50,760 | $67,680 |
| 7 persons | $27,120 | $45,200 | $54,240 | $72,320 |
| 8 persons | $28,890 | $48,150 | $57,780 | $77,040 |
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 Quay County to see the sources and uses, bond test, DSCR, and funding gap using these rents.