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Rent by ZIP · Sandoval County

Rent in Sandia Park, NM 87047

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,520 (-6.2% vs FY2026). Renters in this ZIP code pay a median $1,220 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,140$1,130+0.9%$1,026–1,254–
1 bedroom$1,260$1,320-4.5%$1,134–1,386–
2 bedrooms$1,520$1,620-6.2%$1,368–1,672–
3 bedrooms$2,020$2,240-9.8%$1,818–2,222$1,154 ±$607
4 bedrooms$2,370$2,630-9.9%$2,133–2,607–

Small Area FMRs for the Albuquerque, NM MSA. This ZIP code is in more than one HUD area; figures are for the main one. 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 87047

Median gross rent$1,220±$977 · all sizes
Renter households1637% of occupied homes
No cash rent47households

How rents are spread

Under $1,00019%
$1,000–1,49935%
$1,500–1,99914%
$2,000–2,49932%
$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
87048Corrales$1,520$1,145
87045Prewitt$1,040–
87043Placitas$2,080–
87042Peralta$1,550–
87052Santo Domingo Pueblo$1,320–
87041Pena Blanca$1,320–

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.