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Home/NM/Sandoval County

Sandoval County, NM

CountySAFMR
Found 23 ZIPs
Zillow

County Median Investment Score

75Below average

095130300
BRFMR
Eff. Rent
0 BR$910 – $1,470$910 – $1,620
1 BR$1,070 – $1,670$1,070 – $1,750
2 BR$1,320 – $2,080$1,320 – $2,080
3 BR$1,840 – $2,860$1,840 – $2,860
4 BR$2,160 – $3,370$2,150 – $3,370
5 BR$2,691Not available
6 BR$3,095Not available
7 BR$3,559Not available
8 BR$4,093Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
3
0.70-1.35
1 BR
1
1
1
1
1
1
1
0.66-1.20
2 BR
1
1
1
1
1
1
1
0.71-1.18
3 BR
1
1
1
1
1
1
1
0.81-1.38
4 BR
2
0.88-1.50
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Sandoval County, NM fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 23 ZIP codes in Sandoval County, NM ranges from $1,320 to $2,080 a month, with a median of $1,490. That is up 2.1% from $1,460 in FY 2026. Sandoval County 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 Sandoval County is 40% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Sandoval County, NM
BedroomsFY 2027Change90–110% range
Studio$1,050+4.0%$945–$1,155
1BR$1,200+0.8%$1,080–$1,320
2BR$1,490+2.1%$1,341–$1,639
3BR$1,990−2.0%$1,791–$2,189
4BR$2,340−2.1%$2,106–$2,574

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Sandoval County, NM
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,050$1,200$1,490$1,990$2,340
FY 2026$1,010$1,190$1,460$2,030$2,390
FY 2025$970$1,100$1,390$1,890$2,250
FY 2024$1,000$1,220$1,480$2,090$2,500
FY 2023$920$1,140$1,380$1,960$2,350

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
87043$2,080+39.6%
87122$2,080+39.6%
87144$1,990+33.6%
87544$1,860+24.8%
87083$1,780+19.5%
87174$1,710+14.8%
87124$1,680+12.8%
87047$1,520+2.0%
87048$1,520+2.0%
87001$1,510+1.3%
87025$1,500+0.7%
87013$1,4900.0%
87027$1,4900.0%
87044$1,440−3.4%
87072$1,370−8.1%
87018$1,360−8.7%
87004$1,350−9.4%
87024$1,320−11.4%
87041$1,320−11.4%
87046$1,320−11.4%
87052$1,320−11.4%
87053$1,320−11.4%
87528$1,320−11.4%

Questions about Sandoval County, NM rents

How much will Section 8 pay for a two-bedroom in Sandoval County, 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 $1,490 it would be $1,341 to $1,639. 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 Sandoval County, NM in?

Sandoval County, 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 Sandoval County, NM for FY 2027?

The two-bedroom FMR rose 2.1%, from $1,460 in FY 2026 to $1,490 in FY 2027. Since FY 2023 it has risen 8.0%.

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

NM statewide rentsWhat is SAFMR?Data sources