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Taos County/Taos/87571

87571

ZIPSAFMR
Taos County, NM
Zillow

ZIP Investment Score

34Below average

095130300
BRFMR
Eff. Rent
0 BR$880$970
1 BR$1,080$1,080
2 BR$1,270$1,270
3 BR$1,600$1,600
4 BR$1,940$1,940
5 BR$2,231Not available
6 BR$2,566Not available
7 BR$2,950Not available
8 BR$3,393Not available

Purchase Price Calculator

Maximum purchase price
$126,805

Cost breakdown

+Likely effective rent$1,270
HUD FMRUsed$1,270
Market rentN/A
Est. payment standardN/A
-Principal and interest-$641
Loan amount$101,444
Down payment$25,361
Rate6.50%
Term30 years
-Operating costs-$429
Property taxes-$127
Insurance-$175
Utilities$0
HOA$0
Management-$127
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,585(81.2% ROI)
Projected value
$136,555
Return breakdown
Property appreciation+$9,750
Loan principal paid down+$3,634
Rental cash flow+$7,200
5-year hold
+$35,144(138.6% ROI)
Projected value
$143,468
Return breakdown
Property appreciation+$16,663
Loan principal paid down+$6,481
Rental cash flow+$12,000
10-year hold
+$74,960(295.6% ROI)
Projected value
$162,321
Return breakdown
Property appreciation+$35,516
Loan principal paid down+$15,444
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.51
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 87571 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 87571 (Taos, NM) is $1,270 a month. That is up 3.3% from $1,230 in FY 2026. Taos is in the Taos County, NM non-metropolitan FMR area. 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 county-wide two-bedroom FMR of $1,292. Among 21 ZIP codes in Taos County, 87571 has the 11th-highest two-bedroom rent (county range $1,160–$1,630). The median county two-bedroom FMR in New Mexico is $1,063, so ZIP 87571 is 19% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 87571
BedroomsFY 2027Change90–110% range
Studio$880+1.1%$792–$968
1BR$1,080+4.9%$972–$1,188
2BR$1,270+3.3%$1,143–$1,397
3BR$1,600+4.6%$1,440–$1,760
4BR$1,940−5.8%$1,746–$2,134

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 87571
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$880$1,080$1,270$1,600$1,940
FY 2026$870$1,030$1,230$1,530$2,060
FY 2025$770$880$1,010$1,290$1,700
FY 2024area FMR$845$921$1,050$1,375$1,782
FY 2023area FMR$769$809$937$1,182$1,596

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Two-bedroom rent in nearby Taos County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 87571
87543$1,230−3.1%
87549$1,160−8.7%
87553$1,230−3.1%
87556$1,160−8.7%
87557$1,450+14.2%
87558$1,160−8.7%
87564$1,290+1.6%
87571Current$1,270—
87576$1,290+1.6%
87577$1,260−0.8%
87579$1,380+8.7%
87580$1,290+1.6%

Questions about ZIP 87571 rents

How much will Section 8 pay for a two-bedroom in ZIP 87571?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,292, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,163 to $1,421 a month; under the ZIP-level Small Area FMR of $1,270 it would be $1,143 to $1,397. 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 ZIP 87571 in?

ZIP 87571 is in the Taos County, NM non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,292.

How much did fair market rent change in ZIP 87571 for FY 2027?

The two-bedroom FMR rose 3.3%, from $1,230 in FY 2026 to $1,270 in FY 2027. Since FY 2025 it has risen 25.7%.

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

County fair market rentTaos, NM fair market rentNM statewide rentsWhat is SAFMR?Data sources