Fair Market Rent · New Mexico
Fair Market Rent in San Miguel County, NM
FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.
HUD's FY2027 Fair Market Rent for a 2-bedroom home in San Miguel County is $1,077 a month, +6.8% from FY2026. San Miguel County is part of the San Miguel County, NM (a non-metro county area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.
Area-wide Fair Market Rents
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $796 | $783 | +1.7% | $716–876 |
| 1 bedroom | $925 | $920 | +0.5% | $832–1,018 |
| 2 bedrooms | $1,077 | $1,008 | +6.8% | $969–1,185 |
| 3 bedrooms | $1,491 | $1,402 | +6.3% | $1,342–1,640 |
| 4 bedrooms | $1,689 | $1,626 | +3.9% | $1,520–1,858 |
The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.
Rents by ZIP code in San Miguel County
Open a ZIP code for every size, the spread of rents and nearby ZIP codes.
| ZIP | Place | 2-bedroom FMR (ZIP) | Census median, 2 bedrooms | Census median, all sizes |
|---|---|---|---|---|
| 87538 | Ilfeld | $1,190 | – | – |
| 87552 | Pecos | $1,520 | – | $1,044 |
| 87560 | Ribera | $1,080 | – | $953 |
| 87562 | Rowe | $1,080 | – | – |
| 87565 | San Jose | $1,080 | – | – |
| 87569 | Serafina | $1,080 | – | – |
| 87573 | Tererro | $1,550 | – | – |
| 87583 | Villanueva | $1,080 | – | – |
| 87701 | Las Vegas | $1,070 | $891 | $811 |
| 87711 | Anton Chico | $1,050 | – | – |
| 87731 | Montezuma | $1,120 | – | – |
| 87742 | Rociada | $1,060 | – | – |
| 87745 | Sapello | $1,080 | – | – |
| 87746 | Solano | $1,070 | – | – |
| 88416 | Conchas Dam | $1,080 | – | – |
| 88421 | Garita | $1,080 | – | – |
| 88439 | Trementina | $1,080 | – | – |
Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.