NM/Sandoval County/BERNALILLO
BERNALILLO, NM
CitySAFMR
Sandoval County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$940$940
1 BR$1,110$1,110
2 BR$1,370$1,370
3 BR$1,910$1,910
4 BR$2,240$2,240
5 BR$2,576
6 BR$2,962
7 BR$3,407
8 BR$3,918

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 87004
0.69ratio
FMR$940
Market$1,360
vs market-$420

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.69
1 BR
1 BR· 87004
0.74ratio
FMR$1,110
Market$1,510
vs market-$400

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.74
2 BR
2 BR· 87004
0.72ratio
FMR$1,370
Market$1,910
vs market-$540

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.72
3 BR
3 BR· 87004
0.94ratio
FMR$1,910
Market$2,040
vs market-$130

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.94
4 BR
4 BR· 87004
0.90ratio
FMR$2,240
Market$2,480
vs market-$240

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.90
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$141,665
Rent
$1,370
Down payment
$28,333
Loan
$113,332
Mortgage
$716
Expenses
$454
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for BERNALILLO, NM (NM) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

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