Home/NM/Sandoval County
Sandoval County, NM
CountySAFMR
Found 23 ZIPs
BRFMR
Eff. Rent
0 BR$830 – $1,520$830 – $980
1 BR$980 – $1,780$980 – $1,160
2 BR$1,200 – $2,200$1,200 – $1,490
3 BR$1,680 – $3,060$1,680 – $1,940
4 BR$1,990 – $3,600$1,990 – $2,370
5 BR$2,749
6 BR$3,161
7 BR$3,635
8 BR$4,180

Market Alignment

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

Studio
Studio· 1 ZIP
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.

1
Studio· 1 ZIP
0.74ratio
FMR$1,210
Market$1,640
vs market-$430

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

1
Studio· 2 ZIPs
0.78–0.79ratio range
Median FMR$1,340
Median Market$1,705
vs market-$365

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

2
Studio· 1 ZIP
0.83ratio
FMR$1,410
Market$1,700
vs market-$290

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

1
Studio· 1 ZIP
1.24ratio
FMR$1,190
Market$960
vs market+$230

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
Studio· 1 ZIP
1.31ratio
FMR$1,230
Market$940
vs market+$290

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
0.69–1.31
1 BR
1 BR· 1 ZIP
0.61ratio
FMR$1,320
Market$2,160
vs market-$840

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

1
1 BR· 1 ZIP
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.

1
1 BR· 1 ZIP
0.85ratio
FMR$1,360
Market$1,600
vs market-$240

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

1
1 BR· 1 ZIP
0.90ratio
FMR$1,420
Market$1,580
vs market-$160

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

1
1 BR· 2 ZIPs
0.99–1.00ratio range
Median FMR$1,720
Median Market$1,730
vs market-$10

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

2
1 BR· 1 ZIP
1.27ratio
FMR$1,450
Market$1,140
vs market+$310

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
0.61–1.27
2 BR
2 BR· 1 ZIP
0.68ratio
FMR$1,730
Market$2,550
vs market-$820

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

1
2 BR· 1 ZIP
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.

1
2 BR· 1 ZIP
0.95ratio
FMR$1,680
Market$1,770
vs market-$90

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

1
2 BR· 1 ZIP
1.04ratio
FMR$1,750
Market$1,690
vs market+$60

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

1
2 BR· 1 ZIP
1.14ratio
FMR$2,200
Market$1,930
vs market+$270

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
2 BR· 2 ZIPs
1.20–1.21ratio range
Median FMR$1,920
Median Market$1,590
vs market+$330

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

2
0.68–1.21
3 BR
3 BR· 1 ZIP
0.75ratio
FMR$2,070
Market$2,750
vs market-$680

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

1
3 BR· 1 ZIP
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.

1
3 BR· 1 ZIP
1.13ratio
FMR$2,340
Market$2,080
vs market+$260

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
3 BR· 2 ZIPs
1.26–1.28ratio range
Median FMR$2,460
Median Market$1,935
vs market+$525

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

2
3 BR· 2 ZIPs
1.37–1.43ratio range
Median FMR$2,955
Median Market$2,110
vs market+$845

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

2
0.75–1.43
4 BR
4 BR· 1 ZIP
0.86ratio
FMR$2,830
Market$3,280
vs market-$450

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

4 BR· 1 ZIP
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.

4 BR· 1 ZIP
1.15ratio
FMR$2,750
Market$2,400
vs market+$350

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

4 BR· 3 ZIPs
1.21–1.24ratio range
Median FMR$2,930
Median Market$2,380
vs market+$550

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

3
4 BR· 1 ZIP
1.56ratio
FMR$3,360
Market$2,150
vs market+$1,210

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.86–1.56
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

ZIP Codes

Ranked by Investment Score (vs area median)

About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for Sandoval County, 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.