Rent by ZIP · Bernalillo County
Rent in Albuquerque, NM 87111
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,760 (-4.3% vs FY2026). Renters in this ZIP code pay a median $1,435 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,240 | $1,270 | -2.4% | $1,116–1,364 | $1,136 ±$197 |
| 1 bedroom | $1,410 | $1,490 | -5.4% | $1,269–1,551 | $1,196 ±$69 |
| 2 bedrooms | $1,760 | $1,840 | -4.3% | $1,584–1,936 | $1,565 ±$95 |
| 3 bedrooms | $2,420 | $2,560 | -5.5% | $2,178–2,662 | $1,823 ±$116 |
| 4 bedrooms | $2,850 | $3,010 | -5.3% | $2,565–3,135 | $1,889 ±$345 |
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 87111
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 |
|---|---|---|---|
| 87110 | Albuquerque | $1,410 | $1,289 |
| 87112 | Albuquerque | $1,340 | $1,109 |
| 87109 | Albuquerque | $1,510 | $1,286 |
| 87113 | Albuquerque | $1,910 | $1,293 |
| 87108 | Albuquerque | $1,320 | $939 |
| 87114 | Albuquerque | $1,560 | $1,364 |
Fair Market Rents across Bernalillo 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.