87592
ZIPSAFMR
Santa Fe County, NM
BRFMR
Eff. Rent
0 BR$1,260$1,390
1 BR$1,390$1,530
2 BR$1,690$1,860
3 BR$2,130$2,340
4 BR$2,240$2,460
5 BR$2,576
6 BR$2,962
7 BR$3,407
8 BR$3,918

Purchase Price Calculator

Maximum purchase price
$214,479

Cost breakdown

+Likely effective rent$1,860
HUD FMR$1,690
Market rent$3,150
Est. payment standard (110%)Used$1,860
Estimated payment standard is $1,860 (110% of FMR).
-Principal and interest-$1,085
Loan amount$171,583
Down payment$42,896
Rate6.50%
Term30 years
-Operating costs-$575
Property taxes-$214
Insurance-$175
Utilities$0
HOA$0
Management-$186
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,839(69.6% ROI)
Projected value
$230,970
Current value$214,479
Return breakdown
Property appreciation+$16,491
Loan principal paid down+$6,147
Rental cash flow+$7,200
5-year hold
+$51,147(119.2% ROI)
Projected value
$242,663
Current value$214,479
Return breakdown
Property appreciation+$28,184
Loan principal paid down+$10,962
Rental cash flow+$12,000
10-year hold
+$110,194(256.9% ROI)
Projected value
$274,551
Current value$214,479
Return breakdown
Property appreciation+$60,072
Loan principal paid down+$26,122
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
0.42ratio
FMR$1,260
Market$3,000
vs market-$1,740

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

0.42
1 BR
1 BR
0.46ratio
FMR$1,390
Market$3,020
vs market-$1,630

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

0.46
2 BR
2 BR
0.54ratio
FMR$1,690
Market$3,150
vs market-$1,460

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

0.54
3 BR
3 BR
0.64ratio
FMR$2,130
Market$3,320
vs market-$1,190

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

90% standard$1,917 / 0.58 ratio110% standard$2,343 / 0.71 ratio
0.64
4 BR
4 BR
0.65ratio
FMR$2,240
Market$3,440
vs market-$1,200

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

90% standard$2,016 / 0.59 ratio110% standard$2,464 / 0.72 ratio
0.65
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom 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 87592 (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.

87592 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 87592 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,690 and the 4 bedroom fair market rent is $2,240.

Use this page for searches like 87592 FMR, 87592 fair market rent, and 87592 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 87592
Bedroom sizeHUD FMR
Studio$1,260
1 bedroom$1,390
2 bedroom$1,690
3 bedroom$2,130
4 bedroom$2,240