For Final FY 2018, State Minimum rents are based on the lower of the population-weighted median state nonmetropolitan unadjusted 2-bedroom FMR, or the population-weighted median U.S. nonmetropolitan unadjusted 2-bedroom FMR.
The table below illustrates how the population-weighted median state nonmetropolitan unadjusted 2-bedroom FMR is derived for New Mexico. The population-weighted median unadjusted nonmetropolitan 2-bedroom FMR for a state is the 2-bedroom FMR where half of a state's nonmetropolitan population lives in counties with the same or lower 2-bedroom FMRs, and half of the nonmetropolitan population lives in counties with the same or higher 2-bedroom FMRs. The nonmetropolitan population of New Mexico is 688,655, and half of the nonmetropolitan population of New Mexico is 344,328.
In the table below, the unadjusted 2-bedroom FMRs for the nonmetropolitan counties of New Mexico are arranged in ascending order, and the cumulative population of the counties at each FMR is listed in the last column. The median unadjusted nonmetropolitan 2-bedroom FMR is the first FMR listed in the table where the cumulative population of counties with that FMR or less first exceeds one-half of the nonmetropolitan population, or 344,328. The row of the table containing the median unadjusted nonmetropolitan 2-bedroom FMR is in bold.
| Unadjusted 2-Bedroom FMR | County or Counties with Specified Unadjusted 2-Bedroom FMR | Aggregate Population at Specified Unadjusted 2-Bedroom FMR | Cumulative Nonmetro Population |
|---|---|---|---|
| $458 | Hidalgo County | 4,894 | 4,894 |
| $508 | Harding County | 695 | 5,589 |
| $534 | Quay County | 9,041 | 14,630 |
| $564 | Catron County | 3,725 | 18,355 |
| $587 | Luna County | 25,095 | 43,450 |
| $599 | Guadalupe County | 4,687 | 48,137 |
| $610 | Union County | 4,549 | 52,686 |
| $615 | Cibola County | 27,213 | 79,899 |
| $621 | Socorro County | 17,866 | 97,765 |
| $633 | McKinley County | 71,492 | 169,257 |
| $635 | Otero County | 63,797 | 233,054 |
| $650 | Rio Arriba County | 40,246 | 273,300 |
| $662 | Grant County | 29,514 | 302,814 |
| $683 | Colfax County | 13,750 | 316,564 |
| $695 | Sierra County | 11,988 | 328,552 |
| $708 | De Baca County, Mora County, Roosevelt County | 26,749 | 355,301 |
| $724 | San Miguel County | 29,393 | 384,694 |
| $740 | Chaves County | 65,645 | 450,339 |
| $752 | Curry County | 48,376 | 498,715 |
| $790 | Taos County | 32,937 | 531,652 |
| $805 | Lea County | 64,727 | 596,379 |
| $819 | Eddy County | 53,829 | 650,208 |
| $879 | Lincoln County | 20,497 | 670,705 |
| $1,023 | Los Alamos County | 17,950 | 688,655 |
The New Mexico State Nonmetropolitan Median FMR is $708. Because it is greater than the U.S. Nonmetropolitan Median FMR of $697, the New Mexico State Minimum 2-Bedroom FMR is set at $697.
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