The PHA sets a payment standard ranging from 90% to 110% of the Fair Market Rents (FMRs).

Quay County, NM, NM

In the year 2024, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in Quay County, NM, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $564 to a high of $690, with an average of $627.
One-bedroom: One-bedroom rental prices vary, with a minimum of $703, a maximum of $859, and an average of $781.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $789, peaking at a maximum of $965, and averaging at $877.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $983, a maximum of $1,201, and an average of $1,092.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,339 to a maximum of $1,637, with an average of $1,488.

The fair market rent mentioned already includes all utilities. If a landlord chooses not to provide utility coverage, they can subtract the utility costs from the rent to determine the adjusted rental price.

Each housing authority establishes its own rental rates, so you should check the pricing set by that specific housing authority to determine the maximum amount they can offer. It's advisable to adhere to their pricing guidelines.

To apply for Section 8 housing, you can check your income against the Quay County, NM Housing Choice voucher income limit to determine your eligibility.

HUD's Fair Market Rent guides Section 8 rates for your rental unit.

Year Area HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 Quay County, NM, NM Low Rent (90%) $564 $703 $789 $983 $1,339
Average Rent $627 $781 $877 $1,092 $1,488
High Rent(110%) $690 $859 $965 $1,201 $1,637
2023 Quay County, NM, NM Low Rent (90%) $524 $634 $716 $926 $1,219
Average Rent $582 $704 $795 $1,029 $1,354
High Rent (110%) $640 $774 $875 $1,132 $1,489
2022 Quay County, NM, NM Low Rent (90%) $495 $558 $653 $860 $1,116
Average Rent $550 $620 $726 $955 $1,240
High Rent(110%) $605 $682 $799 $1,051 $1,364
2021 Quay County, NM, NM Low Rent (90%) $517 $527 $661 $883 $1,112
Average Rent $574 $586 $734 $981 $1,235
High Rent (110%) $631 $645 $807 $1,079 $1,359
2020 Quay County, NM, NM Low Rent (90%) $485 $488 $643 $862 $1,063
Average Rent $539 $542 $714 $958 $1,181
High Rent(110%) $593 $596 $785 $1,054 $1,299
2019 Quay County, NM, NM Low Rent (90%) $473 $476 $630 $869 $1,032
Average Rent $526 $529 $700 $965 $1,147
High Rent (110%) $579 $582 $770 $1,062 $1,262
2018 Quay County, NM, NM Low Rent (90%) $469 $472 $627 $830 $1,015
Average Rent $521 $524 $697 $922 $1,128
High Rent(110%) $573 $576 $767 $1,014 $1,241
2017 Quay County, NM, NM Low Rent (90%) $449 $452 $600 $753 $968
Average Rent $499 $502 $667 $837 $1,075
High Rent (110%) $549 $552 $734 $921 $1,183


Discover Section 8 FMR in Quay County, NM by zip code