Rent by ZIP · Rio Arriba County
Rent in Hernandez, NM 87537
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,010 (+4.1% vs FY2026). Renters in this ZIP code pay a median $777 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $820 | $740 | +10.8% | $738–902 | – |
| 1 bedroom | $830 | $740 | +12.2% | $747–913 | $773 ±$40 |
| 2 bedrooms | $1,010 | $970 | +4.1% | $909–1,111 | $685 ±$98 |
| 3 bedrooms | $1,400 | $1,200 | +16.7% | $1,260–1,540 | $1,375 ±$367 |
| 4 bedrooms | $1,610 | $1,440 | +11.8% | $1,449–1,771 | – |
Small Area FMRs for the Rio Arriba County, NM. 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 Rio Arriba County, NM, 2 bedrooms: $1,014.
What renters pay in 87537
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 |
|---|---|---|---|
| 87535 | Glorieta | $1,720 | – |
| 87540 | Lamy | $1,900 | – |
| 87532 | Espanola | $1,520 | $908 |
| 87544 | Los Alamos | $1,860 | $1,670 |
| 87529 | El Prado | $1,630 | $1,448 |
| 87528 | Dulce | $1,320 | $579 |
Fair Market Rents across Rio Arriba 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.