Floyd · New Mexico
Floyd, NM Landlord Laws 2026
Every housing law that applies to Floyd landlords — security deposits, eviction rules, rent increases, and more. Updated for 2026.
Based on New Mexico state law.
Floyd Rental Market in 2026
$975
median 2BR rent
85
population
$975
max security deposit
Floyd landlords must comply with New Mexico state landlord-tenant laws. At a median 2-bedroom rent of $975/month, understanding deposit caps, notice periods, and eviction rules can save you thousands in penalties.
Local Housing Market Data
The HUD Fair Market Rent for a 2-bedroom in Floyd is $975/month, which affects Section 8 voucher amounts and affordable housing calculations.
Key Takeaways for Floyd Landlords
- Security deposit: Capped at 1 month(s) of rent ($975 at median rent). Must return within 30 days or face penalties up to $1,950.
New Mexico Laws That Apply in Floyd
New Mexico Uniform Owner-Resident Relations Act
N.M. Stat. §47-8-1 et seq.
Comprehensive landlord-tenant law covering security deposits, habitability, entry, eviction, and tenant rights.
Floyd Landlord Law Topics
Click any topic below for detailed Floyd-specific rules, deadlines, penalties, and free compliance tools.
Security Deposit Laws
Floyd-specific rules and penalties →
Eviction Process & Notice Requirements
Floyd-specific rules and penalties →
Rent Increase Laws
Floyd-specific rules and penalties →
Landlord Entry & Access Rules
Floyd-specific rules and penalties →
Maintenance & Habitability Standards
Floyd-specific rules and penalties →
Late Fee Limits
Floyd-specific rules and penalties →
Lease Termination & Renewal
Floyd-specific rules and penalties →
Fair Housing Protections
Floyd-specific rules and penalties →
Tenant Screening Rules
Floyd-specific rules and penalties →
Required Landlord Disclosures
Floyd-specific rules and penalties →
Rent Control
Floyd-specific rules and penalties →
Property Registration Requirements
Floyd-specific rules and penalties →
Get your free Floyd compliance snapshot — no account required.
Download Free ReportFloyd Landlord Calculators
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Don’t Risk Penalties
At Floyd’s median rent of $975/month, a single deposit violation could cost you $1,950+. A wrongful eviction can cost thousands more in court fees, relocation payments, and damages. Know the rules before they cost you.
Don’t risk it. Let LeaseBase track Floyd compliance for you.
Deposit deadlines, eviction notice periods, rent cap calculations — monitored automatically.
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Nearby Cities — Landlord Laws
Own properties in multiple cities? Laws may differ. Check the rules for nearby areas:
Pop. 603
Same state laws apply — check for local ordinances
Portales, NMPop. 11,859
Same state laws apply — check for local ordinances
Elida, NMPop. 156
Same state laws apply — check for local ordinances
Clovis, NMPop. 37,612
Same state laws apply — check for local ordinances
Dora, NMPop. 115
Same state laws apply — check for local ordinances
Check your Floyd property’s compliance
Track New Mexico landlord-tenant law compliance, collect rent online, and manage maintenance — all in one platform.
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Reviewed by Rachid Abadli
Founder & CEO, LeaseBase · Sacramento landlord · Self-managing since 2019
LeaseBase is a property management platform — not a law firm. Consult an attorney for legal advice specific to your situation.
