87105
ZIPSAFMR
Bernalillo County, NM
BRFMR
Eff. Rent
0 BR$880$930
1 BR$1,030$1,100
2 BR$1,270$1,400
3 BR$1,770$1,950
4 BR$2,080$2,280
5 BR$2,392
6 BR$2,751
7 BR$3,163
8 BR$3,638

Purchase Price Calculator

Maximum purchase price
$146,123

Cost breakdown

+Likely effective rent$1,400
HUD FMR$1,270
Market rent$1,510
Est. payment standard (110%)Used$1,400
Estimated payment standard is $1,400 (110% of FMR).
-Principal and interest-$739
Loan amount$116,898
Down payment$29,225
Rate6.50%
Term30 years
-Operating costs-$461
Property taxes-$146
Insurance-$175
Utilities$0
HOA$0
Management-$140
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,624(77.4% ROI)
Projected value
$157,358
Current value$146,123
Return breakdown
Property appreciation+$11,235
Loan principal paid down+$4,188
Rental cash flow+$7,200
5-year hold
+$38,670(132.3% ROI)
Projected value
$165,325
Current value$146,123
Return breakdown
Property appreciation+$19,202
Loan principal paid down+$7,469
Rental cash flow+$12,000
10-year hold
+$82,723(283.1% ROI)
Projected value
$187,050
Current value$146,123
Return breakdown
Property appreciation+$40,927
Loan principal paid down+$17,796
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.93ratio
FMR$880
Market$950
vs market-$70

FMR is near market; voucher and private rents are aligned.

90% standard$792 / 0.83 ratio110% standard$968 / 1.02 ratio
0.93
1 BR
1 BR
0.90ratio
FMR$1,030
Market$1,140
vs market-$110

FMR is near market; voucher and private rents are aligned.

90% standard$927 / 0.81 ratio110% standard$1,133 / 0.99 ratio
0.90
2 BR
2 BR
0.84ratio
FMR$1,270
Market$1,510
vs market-$240

FMR is below market; voucher rent may lag private rents.

90% standard$1,143 / 0.76 ratio110% standard$1,397 / 0.93 ratio
0.84
3 BR
3 BR
0.86ratio
FMR$1,770
Market$2,050
vs market-$280

FMR is below market; voucher rent may lag private rents.

90% standard$1,593 / 0.78 ratio110% standard$1,947 / 0.95 ratio
0.86
4 BR
4 BR
0.87ratio
FMR$2,080
Market$2,380
vs market-$300

FMR is below market; voucher rent may lag private rents.

90% standard$1,872 / 0.79 ratio110% standard$2,288 / 0.96 ratio
0.87
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 87105 (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.

87105 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 87105 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,270 and the 4 bedroom fair market rent is $2,080.

Use this page for searches like 87105 FMR, 87105 fair market rent, and 87105 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 87105
Bedroom sizeHUD FMR
Studio$880
1 bedroom$1,030
2 bedroom$1,270
3 bedroom$1,770
4 bedroom$2,080