Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
--
Jemez Springs, NM fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Jemez Springs, NM is $1,500 a month. That is down 9.6% from $1,660 in FY 2026. Jemez Springs is in the Albuquerque, NM MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,384. The median county two-bedroom FMR in New Mexico is $1,063, so Jemez Springs is 41% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Jemez Springs, NM
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,140
$1,030
−9.6%
$927–$1,133
1BR
$1,340
$1,210
−9.7%
$1,089–$1,331
2BR
$1,660
$1,500
−9.6%
$1,350–$1,650
3BR
$2,310
$2,080
−10.0%
$1,872–$2,288
4BR
$2,720
$2,450
−9.9%
$2,205–$2,695
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Jemez Springs, NM
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,030
$1,210
$1,500
$2,080
$2,450
FY 2026
$1,140
$1,340
$1,660
$2,310
$2,720
FY 2025
$1,040
$1,230
$1,510
$2,120
$2,510
FY 2024
$1,000
$1,220
$1,480
$2,090
$2,500
FY 2023
$940
$1,150
$1,400
$1,990
$2,380
Questions about Jemez Springs, NM rents
How much will Section 8 pay for a two-bedroom in Jemez Springs, NM?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,384, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,246 to $1,522 a month; under the ZIP-level Small Area FMR of $1,500 it would be $1,350 to $1,650. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Jemez Springs, NM in?
Jemez Springs, NM is in the Albuquerque, NM MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,384.
How much did fair market rent change in Jemez Springs, NM for FY 2027?
The two-bedroom FMR fell 9.6%, from $1,660 in FY 2026 to $1,500 in FY 2027. Since FY 2023 it has risen 7.1%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set