Fair Market Rent · New Mexico
Fair Market Rent in Valencia 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 Valencia County is $1,384 a month, -5.5% from FY2026. Valencia County is part of the Albuquerque, NM MSA (a metro 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 | $977 | $1,009 | -3.2% | $879–1,075 |
| 1 bedroom | $1,112 | $1,185 | -6.2% | $1,001–1,223 |
| 2 bedrooms | $1,384 | $1,464 | -5.5% | $1,246–1,522 |
| 3 bedrooms | $1,902 | $2,036 | -6.6% | $1,712–2,092 |
| 4 bedrooms | $2,242 | $2,399 | -6.5% | $2,018–2,466 |
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 Valencia County
Open a ZIP code for every size, the spread of rents and nearby ZIP codes.
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.