Hobbs, NM Section 8 Rent Limits 2026–27 by ZIP Code
For 2026–27, HUD's 2-bedroom figure in Hobbs ranges from $1,330 (ZIP 88240) to $1,660 (ZIP 88242), with a median of $1,330 across 4 ZIP codes. HUD sets these per ZIP code (Small Area Fair Market Rents), so they differ across the city.
These are HUD's figures, effective 2026-10-01. A housing authority sets its own payment standard, normally between 90% and 110% of them (higher with HUD approval or as a disability accommodation). The voucher then pays the lower of that standard or the gross rent, minus your total tenant payment (generally 30% of adjusted monthly income).
| ZIP | Studio | 1 BR | 2 BR | 3 BR | 4 BR |
|---|---|---|---|---|---|
| 88240 | $1,110 | $1,120 | $1,330 | $1,670 | $1,830 |
| 88241 | $1,110 | $1,120 | $1,330 | $1,670 | $1,830 |
| 88242 | $1,390 | $1,400 | $1,660 | $2,090 | $2,280 |
| 88244 | $1,110 | $1,120 | $1,330 | $1,670 | $1,830 |
Income limits: Lea County
Voucher amounts nationwide by unit size: Studio · 1 Bedroom · 2 Bedroom · 3 Bedroom · 4 Bedroom