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Rent by ZIP · Valencia County

Rent in Los Lunas, NM 87031

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,380 (-9.8% vs FY2026). Renters in this ZIP code pay a median $1,062 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$970$1,050-7.6%$873–1,067–
1 bedroom$1,120$1,240-9.7%$1,008–1,232$774 ±$486
2 bedrooms$1,380$1,530-9.8%$1,242–1,518$830 ±$240
3 bedrooms$1,920$2,130-9.9%$1,728–2,112$1,145 ±$127
4 bedrooms$2,260$2,510-10%$2,034–2,486$1,924 ±$779

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 87031

Median gross rent$1,062±$111 · all sizes
Renter households2,68217% of occupied homes
No cash rent278households

How rents are spread

Under $1,00045%
$1,000–1,49935%
$1,500–1,99912%
$2,000–2,4995%
$2,500–2,9991%
$3,000–3,4990%
$3,500+1%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
87029Lindrith$1,010–
87034Pueblo Of Acoma$1,020–
87027La Jara$1,490–
87035Moriarty$1,520$728
87026Laguna$1,430–
87036Mountainair$1,320$632

Fair Market Rents across Valencia 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.