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FY2017 Hypothetical Small Area FMRs For Dona Ana County, NM

In metropolitan areas, HUD defines Small Areas using ZIP Codes within the metropolitan area. Using ZIP codes as the basis for FMRs provides tenants with greater ability to move into ?Opportunity Neighborhoods? with jobs, public transportation, and good schools. They also provide for multiple payment standards within a metropolitan area, and they are likely to reduce need for extensive market area rent reasonableness studies. Lastly, HUD hopes that setting FMRs for each ZIP code will reduce overpayment in lower-rent areas.

Dona Ana County is part of the Las Cruces, NM MSA.

Dona Ana County, NM Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
87936 $490 $580 $700 $1,010 $1,230 1.001
87937 $470 $550 $670 $960 $1,180 0.771
87940 $490 $580 $700 $1,010 $1,230 1.001
87941 $490 $580 $700 $1,010 $1,230 1.001
88001 $470 $550 $670 $960 $1,180 0.922
88002 $660 $770 $930 $1,340 $1,640 1.338
88003 $490 $580 $700 $1,010 $1,230 1.001
88004 $490 $580 $700 $1,010 $1,230 1.001
88005 $470 $550 $670 $960 $1,180 0.940
88006 $490 $580 $700 $1,010 $1,230 1.001
88007 $490 $580 $700 $1,010 $1,230 1.009
88008 $540 $630 $770 $1,110 $1,360 1.105
88011 $600 $700 $850 $1,220 $1,500 1.218
88012 $720 $840 $1,020 $1,470 $1,800 1.468
88013 $490 $580 $700 $1,010 $1,230 1.001
88021 $470 $550 $670 $960 $1,180 0.721
88024 $490 $580 $700 $1,010 $1,230 1.001
88027 $490 $580 $700 $1,010 $1,230 1.001
88032 $490 $580 $700 $1,010 $1,230 1.001
88033 $490 $580 $700 $1,010 $1,230 1.001
88044 $470 $550 $670 $960 $1,180 0.773
88046 $470 $550 $670 $960 $1,180 0.872
88047 $470 $550 $670 $960 $1,180 0.726
88048 $470 $550 $670 $960 $1,180 0.826
88052 $490 $580 $700 $1,010 $1,230 1.001
88058 $490 $580 $700 $1,010 $1,230 1.001
88063 $470 $550 $670 $960 $1,180 0.808
88072 $470 $550 $670 $960 $1,180 0.752
88081 $490 $570 $690 $990 $1,220 0.989

* Small Area FMRs presented with an asterisk are calculated in accordance with the Guidance For Preparing Comments on Small Area FMRs available at here.

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