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Rent by ZIP · Sandoval County

Rent in Bernalillo, NM 87004

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,350 (-1.5% vs FY2026). Renters in this ZIP code pay a median $949 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$950$940+1.1%$855–1,045$575 ±$9
1 bedroom$1,080$1,110-2.7%$972–1,188$383 ±$59
2 bedrooms$1,350$1,370-1.5%$1,215–1,485$1,274 ±$307
3 bedrooms$1,860$1,910-2.6%$1,674–2,046$1,068 ±$341
4 bedrooms$2,190$2,240-2.2%$1,971–2,409$850 ±$685

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 87004

Median gross rent$949±$205 · all sizes
Renter households99622% of occupied homes
No cash rent250households

How rents are spread

Under $1,00053%
$1,000–1,49938%
$1,500–1,9999%
$2,000–2,4990%
$2,500–2,9990%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
87005Bluewater$1,040–
87002Belen$1,320$921
87006Bosque$1,320–
87001Algodones$1,510–
87008Cedar Crest$1,610$1,304
87010Cerrillos$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.