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Rent by ZIP · Torrance County

Rent in Estancia, NM 87016

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,320 (+10% vs FY2026). Renters in this ZIP code pay a median $847 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$910$830+9.6%$819–1,001–
1 bedroom$1,070$980+9.2%$963–1,177$811 ±$315
2 bedrooms$1,320$1,200+10%$1,188–1,452–
3 bedrooms$1,840$1,680+9.5%$1,656–2,024$846 ±$20
4 bedrooms$2,160$1,990+8.5%$1,944–2,376–

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 87016

Median gross rent$847±$18 · all sizes
Renter households22721% of occupied homes
No cash rent8households

How rents are spread

Under $1,00089%
$1,000–1,49911%
$1,500–1,9990%
$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
87015Edgewood$1,520$599
87017Gallina$1,010–
87013Cuba$1,490$1,296
87020Grants$1,040$734
87021Milan$1,090$932
87010Cerrillos$1,690–

Fair Market Rents across Torrance 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.