Rent by ZIP · Sandoval County
Rent in Corrales, NM 87048
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,520 (-9.5% vs FY2026). Renters in this ZIP code pay a median $1,143 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,060 | $1,160 | -8.6% | $954–1,166 | – |
| 1 bedroom | $1,230 | $1,360 | -9.6% | $1,107–1,353 | – |
| 2 bedrooms | $1,520 | $1,680 | -9.5% | $1,368–1,672 | $1,145 ±$54 |
| 3 bedrooms | $2,110 | $2,340 | -9.8% | $1,899–2,321 | – |
| 4 bedrooms | $2,480 | $2,750 | -9.8% | $2,232–2,728 | – |
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 87048
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 87047 | Sandia Park | $1,520 | – |
| 87045 | Prewitt | $1,040 | – |
| 87052 | Santo Domingo Pueblo | $1,320 | – |
| 87043 | Placitas | $2,080 | – |
| 87053 | San Ysidro | $1,320 | $885 |
| 87042 | Peralta | $1,550 | – |
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.