Renting · Section 8
Data from November 2026
Renting in Chaves County, New Mexico
Chaves County has a HUD fair market rent of $1,091 a month for 2 bedrooms (Fiscal year 2027). Renter households here pay a typical rent of $867 a month (Average 2020–2024). Paying the fair market rent without going over 30% of income takes $20.98 an hour, full time.
Four numbers to start with
- Fair market rent, 2 bedrooms
- $1,091
- a month, HUD, Fiscal year 2027
- 15% less than in New Mexico
- Typical rent
- $867
- a month, Census, Average 2020–2024
- 19% less than in New Mexico
- Wage needed
- $20.98
- an hour, 2 bedrooms
- Or $43,640 a year, to spend no more than 30% of income on rent.
- Rent-burdened households
- 48%
- spend 30% or more of income on rent
- 5% less than in New Mexico
Only here
Renting in Chaves County: what sets it apart
What this place has that others do not, from public data, most unusual first.
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Chaves County has the lowest typical rent in its area: $867, less than any of its 5 neighboring counties; next is Roosevelt County ($898).
Sources: U.S. Census Bureau (Average 2020–2024).
Fair market rent
What HUD sets for each size
Every year HUD (the U.S. Department of Housing and Urban Development) publishes a Fair Market Rent (FMR) for each home size in Chaves County. It is used to work out how much a Section 8 voucher covers. The table shows what you need to earn to pay it without spending more than 30% of income.
The fair market rent covers rent plus basic utilities, except the phone. HUD generally sets it at the 40th percentile: 4 in 10 standard-quality homes rented recently cost less. 24 CFR §888.113(a)
According to Zillow (ZORI), the typical asking rent in Chaves County was $1,263 a month in September 2026: 7.5% more than 12 months ago. It is an index of market listings, not a HUD limit. Zillow data
| Size | Fair rent per month | Hourly wage | Income needed per year |
|---|---|---|---|
| Studio | $868 | $16.69 | $34,720 |
| 1 bedroom | $892 | $17.15 | $35,680 |
| 2 bedrooms | $1,091 | $20.98 | $43,640 |
| 3 bedrooms | $1,476 | $28.38 | $59,040 |
| 4 bedrooms | $1,624 | $31.23 | $64,960 |
HUD area: Chaves County, NM. Source: HUD, Fiscal year 2027
By ZIP code
The fair market rent for your ZIP code
HUD also publishes fair market rents by ZIP code (Small Area FMRs) for 10 ZIP codes in Chaves County (Fiscal year 2027). Type yours to see it.
For 2 bedrooms they run from $1,010 in 88232 to $1,240 in 88253. 5 ZIP codes are above the county's fair market rent ($1,091).
Where HUD designates these areas, or where the housing agency chooses to use them, the voucher is figured on the ZIP code's rent instead of the county's. Ask your agency which one it uses. 24 CFR §982.503(a)(1)
| 88201 | Chaves County, NM | $960 | $990 | $1,210 | $1,640 | $1,800 |
|---|---|---|---|---|---|---|
| 88203 | Chaves County, NM | $810 | $830 | $1,020 | $1,380 | $1,520 |
| 88230 | Chaves County, NM | $850 | $880 | $1,070 | $1,450 | $1,590 |
| 88232 | Chaves County, NM | $810 | $830 | $1,010 | $1,380 | $1,520 |
| 88250 | Chaves County, NM | $980 | $1,070 | $1,180 | $1,630 | $1,740 |
| 88250 | Eddy County, NM | $980 | $1,070 | $1,180 | $1,630 | $1,740 |
| 88253 | Chaves County, NM | $1,000 | $1,050 | $1,240 | $1,690 | $1,850 |
| 88253 | Eddy County, NM | $1,000 | $1,050 | $1,240 | $1,690 | $1,850 |
| 88339 | Chaves County, NM | $710 | $880 | $1,010 | $1,410 | $1,700 |
| 88339 | Otero County, NM | $710 | $880 | $1,010 | $1,410 | $1,700 |
- 88201 · Chaves County, NM $1,210$1,640
- 88203 · Chaves County, NM $1,020$1,380
- 88230 · Chaves County, NM $1,070$1,450
- 88232 · Chaves County, NM $1,010$1,380
- 88250 · Chaves County, NM $1,180$1,630
- 88250 · Eddy County, NM $1,180$1,630
- 88253 · Chaves County, NM $1,240$1,690
- 88253 · Eddy County, NM $1,240$1,690
- 88339 · Chaves County, NM $1,010$1,410
- 88339 · Otero County, NM $1,010$1,410
Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) (external site)
Rent burden
How many households spend too much
HUD counts rent as a burden when it reaches 30% of income or more. In Chaves County, 48% of renter households are in that position; in New Mexico, 50%, and nationwide, 51% (Average 2020–2024, Census).
Paying too much rent leaves little for food, transportation and savings. If that is you, the agencies below can guide you for free.
48%
of renter households spend 30% or more of their income on rent.
6,808 households rent in Chaves County
- Spend half or more of their income 29%
- Spend 30% or more, but less than half 19%
- Spend less than 30% 52%
Compared with the state and the country
- Chaves 48%
- New Mexico 50%
- United States 51%
Low-income apartments
Low-income apartments in Chaves County
HUD lists 12 properties with homes for low-income households in Chaves County: tax-credit apartments (LIHTC) and HUD-assisted buildings. They run from the most low-income homes to the fewest.
- with tax credits (LIHTC)
- 7
- HUD-assisted
- 6
638 homes in all; 636 of them low-income, according to HUD.
- Mesa Verde Apts Tax credit (LIHTC) 502 S Wyoming Ave, Roswell 88203 142 low-income homes · In service since 1997
- Villas of Briar Ridge Tax credit (LIHTC) 5 Briarwood Pl, Roswell 88201 89 low-income homes
- Wilshire Gardens-Stephen Crozier Tax credit (LIHTC) 2727 N Wilshire Blvd, Roswell 88201 76 homes, 75 low-income
- Spicewood Canyon Villas Tax credit (LIHTC) 1301 E Alameda St, Roswell 88203 60 low-income homes · 1 bd: 12 · 2 bd: 28 · 3 bd: 20 · In service since 2005
- Sunset 1600 Apartments HUD-assisted 1601 S Sunset Ave, Roswell 88203 60 low-income homes · For older adults · (575) 623-2494
- Wildewood Apts Tax credit (LIHTC) · HUD-assisted 201 Sherrill Ln, Roswell 88201 60 low-income homes · 1 bd: 60 · In service since 2001 · For older adults · (575) 623-9108
- Roswell Summit Apts HUD-assisted 1600 W Summit St, Roswell 88203 52 low-income homes · For older adults · (575) 622-4646
- Cielo De Oro Senior Housing Apartments HUD-assisted 1700 W Hendricks St, Roswell 88203 30 low-income homes · For older adults · (575) 622-4146
- Rio Vista Senior Housing HUD-assisted 1600 W Hendricks St, Roswell 88203 30 low-income homes · For older adults · (575) 622-4146
- Pecos Valley Village Country Investment Tax credit (LIHTC) 41 Kelly Pl, Roswell 88203 17 low-income homes
- Willow Terrace Apartments HUD-assisted 306 E Country Club Rd, Roswell 88201 15 homes, 14 low-income · For people with disabilities · (575) 627-5979
- Pecos Valley Village Tax credit (LIHTC) 35 Jackson Pl, Roswell 88203 7 low-income homes
One property has two programs at the same address and appears once. Search HUD's map
Source: HUD, retrieved November 6, 2026. LIHTC database, updated May 14, 2025; Assisted multifamily properties, updated October 23, 2026; Public housing developments, updated October 23, 2026.
Section 8
The Section 8 voucher in Chaves County
The Housing Choice Voucher (Section 8) pays part of your rent on a home you choose. Your public housing agency runs it. 1 agency serves in Chaves County. Here is what the rules say:
The rules, with their source
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You apply at the public housing agency. If you qualify, your name usually goes on a waiting list. Applicants must be U.S. citizens or noncitizens with eligible status as HUD defines it. Source: HUD
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Generally, your family must have very low income: no more than 50% of the area median income, by family size (the middle column of the table). Source: 24 CFR §5.603, §982.201(b)
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Each year, at least 75% of the families an agency admits from its list must have extremely low income (the 30% column). Source: 24 CFR §982.201(b)(2)
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If the rent is below the payment standard, the family generally pays 30% of its adjusted monthly income. If it is above, the family pays more. Source: 24 CFR §982.1(a)(3)
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When you move in, if the rent is above the payment standard, your share cannot go over 40% of your adjusted monthly income. Source: 24 CFR §982.508
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Each agency sets a payment standard for each size. Without asking HUD, it can go from 90% to 110% of the fair market rent. Source: 24 CFR §982.503(b), (c)
| People | Extremely low (30%) | Very low (50%) | Low |
|---|---|---|---|
| 1 person | $15,960 | $25,550 | $40,850 |
| 2 people | $21,640 | $29,200 | $46,650 |
| 3 people | $27,320 | $32,850 | $52,500 |
| 4 people | $33,000 | $36,450 | $58,300 |
| 5 people | $38,680 | $39,400 | $63,000 |
| 6 people | $42,300 | $42,300 | $67,650 |
| 7 people | $45,200 | $45,200 | $72,300 |
| 8 people | $48,150 | $48,150 | $77,000 |
Area median income: $65,600. HUD income limits by family size, Fiscal year 2026. Area: Chaves County, NM. Source: HUD, Fiscal year 2026
Possible payment standard
- Studio $781 – $955
- 1 bedroom $803 – $981
- 2 bedrooms $982 – $1,200
- 3 bedrooms $1,328 – $1,624
- 4 bedrooms $1,462 – $1,786
The range the rule allows: 90% to 110% of the county's fair market rent. Your agency publishes its own.
Housing agencies that serve this place
- Eastern Regional Housing Authority Public housing and Section 8 vouchers · 2,105 vouchers · 623 public housing units (575) 622-0881 Eastern Regional Housing Authority: rha.irene@dfn.com
Housing agencies in New Mexico Source: HUD, Retrieved November 6, 2026
Your rights as a tenant in New Mexico
What New Mexico law says about deposits, notices and eviction, with the citation for each rule.
See your rights, rule by ruleCompare these rules with other states →
A summary of state law, not legal advice. Cities may have additional rules.
- If I fall behind on rent, what notice must I get?
- 3 days
- NMSA 1978, §47-8-33(D)
- How much notice ends a month-to-month rental?
- 30 days
- NMSA 1978, §47-8-37(A)-(B)
- Only a court order can remove youNMSA 1978, §47-8-36; §47-8-33
Help
Where to get help with rent in Chaves County
HUD lists no counseling agencies near in Chaves County. Free legal aid and your housing agency can guide you.
Tool
How much cash do you need to move in?
It starts with the 2-bedroom fair market rent in Chaves County. Change the rent, the deposit and the fees to yours: the numbers stay in your browser.
Count power on top of the rent: in New Mexico, the average home bill was $93 a month in 2024 (EIA). See electricity and gas costs
Your move
We use the place's fair market rent and the state's deposit rule.
Adjust advanced details
Let's do the math
Cash to move in
$2,182
What you need before you get the keys.
What adds up
- First month
- $1,091
- Security deposit
- $1,091
- Total
- $2,182
When you'll have it
Enter what you can set aside each month to see how long it takes.
What helps
- Ask for a receipt for every payment and keep a copy of the lease.
- On move-in day, walk through the home and take dated photos.
- Never send money for a home you haven't seen or a lease you haven't read.
This is a planning estimate, not a price. What you are asked for depends on the landlord, your lease and your state's and city's rules. It is not legal advice.
Frequently asked questions
What is the fair market rent in Chaves County?
According to HUD (Fiscal year 2027): Studio: $868; 1 bedroom: $892; 2 bedrooms: $1,091; 3 bedrooms: $1,476; 4 bedrooms: $1,624. It covers rent plus basic utilities, except the phone.
How much do you need to earn to rent in Chaves County?
Paying the 2-bedroom fair market rent ($1,091) without spending more than 30% of income takes $20.98 an hour full time, or $43,640 a year.
Who qualifies for Section 8 in Chaves County?
Generally, families with very low income: no more than 50% of the area median income. For 4 people, HUD's limit here is $36,450 a year (Fiscal year 2026). The family usually pays 30% of its adjusted monthly income. You apply at the housing agency.
How much does Section 8 pay in Chaves County?
The voucher pays up to your housing agency's payment standard, minus your share. The rule lets the agency set it between 90% and 110% of the fair market rent: for 2 bedrooms here, between $982 and $1,200 a month. Your agency publishes its figure.
Does the fair market rent change by ZIP code in Chaves County?
For 2 bedrooms they run from $1,010 in 88232 to $1,240 in 88253. Where HUD designates these areas, or where the housing agency chooses to use them, the voucher is figured on the ZIP code's rent instead of the county's. Ask your agency which one it uses.
How many low-income apartments are there in Chaves County?
HUD lists 12 properties with homes for low-income households in Chaves County: tax-credit apartments (LIHTC) and HUD-assisted buildings. They run from the most low-income homes to the fewest. For tax-credit apartments and HUD-assisted buildings, you apply directly at the building's management office. They tell you whether units are open and how to apply; HUD does not have that information.
How many households spend too much on rent in Chaves County?
HUD counts rent as a burden when it reaches 30% of income or more. In Chaves County, 48% of renter households are in that position; in New Mexico, 50%, and nationwide, 51% (Average 2020–2024, Census).