Sandoval County
FY 2026 HUD Fair Market Rents in New Mexico. Population: 149,460.
Fair Market Rents (2026)
Studio
National avg: $893
$1,009/mo
↑ 10.5% YoY
+13% vs US
1 Bedroom
National avg: $959
$1,185/mo
↑ 9.3% YoY
+24% vs US
2 Bedroom
National avg: $1,175
$1,464/mo
↑ 10.0% YoY
+25% vs US
3 Bedroom
National avg: $1,525
$2,036/mo
↑ 9.2% YoY
+34% vs US
4 Bedroom
National avg: $1,756
$2,399/mo
↑ 8.6% YoY
+37% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $913 | $1,009 | +$96 (+10.5%) |
| 1 Bedroom | $1,084 | $1,185 | +$101 (+9.3%) |
| 2 Bedroom | $1,331 | $1,464 | +$133 (+10.0%) |
| 3 Bedroom | $1,865 | $2,036 | +$171 (+9.2%) |
| 4 Bedroom | $2,209 | $2,399 | +$190 (+8.6%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$47,400
$3,950/month gross
Required annual income for 2 BR
$58,560
$4,880/month gross
Other Counties in New Mexico
Mora County
1 BR: $798/mo
De Baca County
1 BR: $798/mo
Sierra County
1 BR: $765/mo
Quay County
1 BR: $742/mo
Bernalillo County
1 BR: $1,185/mo
Los Alamos County
1 BR: $1,326/mo
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.