Home/NM/Santa Fe County
Santa Fe County, NM
CountySAFMR
Found 21 ZIPs
BRFMR
Eff. Rent
0 BR$1,120 – $1,530$1,120 – $1,310
1 BR$1,240 – $1,690$1,240 – $1,440
2 BR$1,470 – $2,050$1,470 – $1,750
3 BR$1,860 – $2,580$1,580 – $2,240
4 BR$1,950 – $2,710$1,610 – $2,630
5 BR$2,530
6 BR$2,909
7 BR$3,346
8 BR$3,848

Market Alignment

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

Studio
Studio· 3 ZIPs
0.42–0.56ratio range
Median FMR$1,260
Median Market$3,000
vs market-$1,740

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

3
Studio· 1 ZIP
0.66ratio
FMR$1,120
Market$1,700
vs market-$580

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

Studio· 1 ZIP
0.79ratio
FMR$1,190
Market$1,510
vs market-$320

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

Studio· 2 ZIPs
0.84–0.86ratio range
Median FMR$1,375
Median Market$1,625
vs market-$250

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

2
Studio· 2 ZIPs
0.87–0.88ratio range
Median FMR$1,120
Median Market$1,285
vs market-$165

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

2
0.42–0.88
1 BR
1 BR· 3 ZIPs
0.46–0.60ratio range
Median FMR$1,390
Median Market$3,020
vs market-$1,630

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

3
1 BR· 2 ZIPs
0.74–0.75ratio range
Median FMR$1,345
Median Market$1,810
vs market-$465

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

2
1 BR· 2 ZIPs
0.81ratio range
Median FMR$1,450
Median Market$1,795
vs market-$345

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

2
1 BR· 2 ZIPs
0.87–0.88ratio range
Median FMR$1,240
Median Market$1,415
vs market-$175

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

2
0.46–0.88
2 BR
2 BR· 3 ZIPs
0.54–0.64ratio range
Median FMR$1,690
Median Market$3,150
vs market-$1,460

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

3
2 BR· 1 ZIP
0.68ratio
FMR$2,050
Market$3,000
vs market-$950

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

2 BR· 1 ZIP
0.70ratio
FMR$1,930
Market$2,750
vs market-$820

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

2 BR· 2 ZIPs
0.82–0.84ratio range
Median FMR$1,635
Median Market$1,970
vs market-$335

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

2
2 BR· 1 ZIP
0.88ratio
FMR$1,470
Market$1,670
vs market-$200

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

2 BR· 1 ZIP
0.98ratio
FMR$1,470
Market$1,500
vs market-$30

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

0.54–0.98
3 BR
3 BR· 2 ZIPs
0.64ratio range
Median FMR$2,130
Median Market$3,320
vs market-$1,190

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

2
3 BR· 1 ZIP
0.74ratio
FMR$2,000
Market$2,720
vs market-$720

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

3 BR· 3 ZIPs
0.77–0.79ratio range
Median FMR$2,430
Median Market$3,140
vs market-$710

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

3
3 BR· 1 ZIP
1.05ratio
FMR$1,990
Market$1,900
vs market+$90

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

3 BR· 2 ZIPs
1.17–1.18ratio range
Median FMR$1,860
Median Market$1,585
vs market+$275

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

2
0.64–1.18
4 BR
4 BR· 3 ZIPs
0.65–0.67ratio range
Median FMR$2,240
Median Market$3,440
vs market-$1,200

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

3
4 BR· 1 ZIP
0.73ratio
FMR$2,110
Market$2,900
vs market-$790

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

4 BR· 1 ZIP
0.76ratio
FMR$2,710
Market$3,560
vs market-$850

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

4 BR· 1 ZIP
0.79ratio
FMR$2,320
Market$2,930
vs market-$610

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

4 BR· 1 ZIP
1.07ratio
FMR$2,190
Market$2,050
vs market+$140

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

4 BR· 2 ZIPs
1.21ratio range
Median FMR$1,950
Median Market$1,610
vs market+$340

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

2
0.65–1.21
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 Santa Fe 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.