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Rent by ZIP · Bernalillo County

Rent in Albuquerque, NM 87112

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,340 (-5.6% vs FY2026). Renters in this ZIP code pay a median $1,121 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$950$980-3.1%$855–1,045$942 ±$45
1 bedroom$1,080$1,150-6.1%$972–1,188$970 ±$69
2 bedrooms$1,340$1,420-5.6%$1,206–1,474$1,109 ±$35
3 bedrooms$1,840$1,970-6.6%$1,656–2,024$1,604 ±$116
4 bedrooms$2,170$2,330-6.9%$1,953–2,387$1,676 ±$128

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 87112

Median gross rent$1,121±$49 · all sizes
Renter households7,12237% of occupied homes
No cash rent202households

How rents are spread

Under $1,00037%
$1,000–1,49941%
$1,500–1,99918%
$2,000–2,4992%
$2,500–2,9992%
$3,000–3,4991%
$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
87111Albuquerque$1,760$1,565
87113Albuquerque$1,910$1,293
87110Albuquerque$1,410$1,289
87114Albuquerque$1,560$1,364
87109Albuquerque$1,510$1,286
87108Albuquerque$1,320$939

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.