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RentData.org Logo Albuquerque Fair Market Rent FY 2019 Albuquerque, NM MSA Rental Data

Fair Market Rent Prices in Albuquerque, NM :
$563 $711 $877 $1,268 $1,508
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Albuquerque are high compared to the national average. This FMR area is more expensive than 85% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Albuquerque is $877 per month.

The previous year, rent for a two-bedroom home was $873 per month. This is a 0.46% increase year-over-year.

This FMR rate applies to Clines Corners, NM, Cochiti Pueblo, NM, La Jara, NM, Counselor, NM, Ponderosa, NM, Cochiti Lake, NM, Regina, NM, Torreon, NM, Kirtland Afb, NM, Cedarvale, NM and other cities within the region. The Metro Code or CBSA code for this region is METRO10740M10740.

Additionally, This Fair Market Rent (FMR) area Albuquerque, NM MSA spans four counties or cities in New Mexico which ares listed in the table below. Estimated population of Albuquerque, NM MSA FMR area is 887,077 people based on 2010 Census data.

Compared to the rest of New Mexico, the Albuquerque FMR area is more expensive than 77% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Albuquerque. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Albuquerque

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $
1-BR 1-Bedroom $
2-BR 2-Bedroom $
3-BR 3-Bedroom $
4-BR 4-Bedroom $
Change Year:

The counties, cities, towns, and regions listed below fall into the Albuquerque, NM MSA FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Albuquerque - Santa Fe.

County / Region Est. Population
Bernalillo County, NM Metro 662,564
Sandoval County, NM Metro 131,561
Torrance County, NM Metro 16,383
Valencia County, NM Metro 76,569
Zip Codes in Albuquerque, NM MSA

There are 80 unique zip codes in this Fair Market Rent (FMR) area:

87001, 87002, 87004, 87008, 87009, 87013, 87015, 87016, 87018, 87022, 87023, 87024, 87025, 87026, 87027, 87031, 87032, 87036, 87041, 87042, 87043, 87044, 87046, 87047, 87048, 87052, 87053, 87059, 87060, 87061, 87063, 87068, 87070, 87072, 87083, 87101, 87102, 87103, 87104, 87105, 87106, 87107, 87108, 87109, 87110, 87111, 87112, 87113, 87114, 87116, 87117, 87119, 87120, 87121, 87122, 87123, 87124, 87125, 87131, 87144, 87151, 87153, 87154, 87174, 87176, 87181, 87184, 87185, 87187, 87190, 87191, 87192, 87193, 87194, 87195, 87196, 87197, 87198, 87199 and 88321

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