Refinance or buy a home with a low 3.5% down payment! Get Started Now ➔ Logo San Miguel County Fair Market Rent FY 2019 San Miguel County, NM Rental Data

Fair Market Rent Prices in San Miguel County, NM :
$628 $660 $817 $1,037 $1,208
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 50th Percentile Non-Metro

Fair Market Rent prices in San Miguel County are average compared to the national average. This FMR area is more expensive than 74% of other FMR areas. Fair Market Rent for a two-bedroom apartment in San Miguel County is $817 per month.

The previous year, rent for a two-bedroom home was $724 per month. This is a 12.85% increase year-over-year.

This FMR rate applies to Conchas Dam, NM, Ilfeld, NM, Trementina, NM, Garita, NM, San Jose, NM, Serafina, NM, Tererro, NM, Villanueva, NM, Rociada, NM, Montezuma, NM and other cities within the region. The Metro Code or CBSA code for this region is NCNTY35047N35047.

Additionally, This Fair Market Rent (FMR) area San Miguel County, NM spans one county or city in New Mexico which is listed in the table below. Estimated population of San Miguel County, NM FMR area is 29,393 people based on latest Census data.

Compared to the rest of New Mexico, the San Miguel County FMR area is more expensive than 58% of the state.

New Mexico Rents Map

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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 San Miguel County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in San Miguel County

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 $ 708
1-BR 1-Bedroom $ 744
2-BR 2-Bedroom $ 921
3-BR 3-Bedroom $ 1169
4-BR 4-Bedroom $ 1362
Change Year:

There is just one county (listed below) within the San Miguel County, NM FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Albuquerque - Santa Fe.

County / Region Est. Population
San Miguel County, NM 29,393
Zip Codes in San Miguel County, NM

There are 16 unique zip codes in this Fair Market Rent (FMR) area:

87535, 87538, 87552, 87560, 87562, 87565, 87569, 87573, 87583, 87701, 87731, 87742, 87745, 88416, 88421 and 88439

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