Rent by ZIP · Bernalillo County
Rent in Albuquerque, NM 87114
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,560 (-6% vs FY2026). Renters in this ZIP code pay a median $1,416 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,100 | $1,140 | -3.5% | $990–1,210 | $1,326 ±$71 |
| 1 bedroom | $1,250 | $1,340 | -6.7% | $1,125–1,375 | $1,192 ±$93 |
| 2 bedrooms | $1,560 | $1,660 | -6% | $1,404–1,716 | $1,364 ±$95 |
| 3 bedrooms | $2,140 | $2,310 | -7.4% | $1,926–2,354 | $1,676 ±$77 |
| 4 bedrooms | $2,530 | $2,720 | -7% | $2,277–2,783 | $2,239 ±$171 |
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 87114
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 |
|---|---|---|---|
| 87113 | Albuquerque | $1,910 | $1,293 |
| 87112 | Albuquerque | $1,340 | $1,109 |
| 87116 | Albuquerque | $2,080 | $1,727 |
| 87111 | Albuquerque | $1,760 | $1,565 |
| 87110 | Albuquerque | $1,410 | $1,289 |
| 87109 | Albuquerque | $1,510 | $1,286 |
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.