Rent by ZIP · Sandoval County
Rent in Algodones, NM 87001
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,510 (+25.8% vs FY2026).
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,070 | $830 | +28.9% | $963–1,177 | – |
| 1 bedroom | $1,220 | $980 | +24.5% | $1,098–1,342 | – |
| 2 bedrooms | $1,510 | $1,200 | +25.8% | $1,359–1,661 | – |
| 3 bedrooms | $2,050 | $1,680 | +22% | $1,845–2,255 | – |
| 4 bedrooms | $2,390 | $1,990 | +20.1% | $2,151–2,629 | – |
Small Area FMRs for the Albuquerque, NM MSA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Albuquerque, NM MSA, 2 bedrooms: $1,384.
What renters pay in 87001
Median gross rent–all sizes
Renter households10010% of occupied homes
No cash rent83households
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 87002 | Belen | $1,320 | $921 |
| 87004 | Bernalillo | $1,350 | $1,274 |
| 87005 | Bluewater | $1,040 | – |
| 87006 | Bosque | $1,320 | – |
| 87008 | Cedar Crest | $1,610 | $1,304 |
| 87010 | Cerrillos | $1,690 | – |
Fair Market Rents across Sandoval County, NM · All NM counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.