Income Limits by County

FY2027 Fair Market Rent · New Mexico

Bernalillo County Fair Market Rent & Income Limits

HUD's FY2027 Fair Market Rent for a two-bedroom home in Bernalillo County, NM is $1,384 a month, down 5.5% from FY2026. The area median family income is $100,400, and a family of four counts as low income up to $80,300 a year.

2-bedroom FMR$1,384per month ▼ 5.5%
Median family income$100,400FY2026 ▲ 9.8%
80% limit, 4 people$80,300low income

Fair Market Rent by unit size

FY2027 FY2026

Fair Market Rents are gross rents: rent plus the cost of all utilities except phone, cable and internet.

Check your household

Enter your household size and total yearly income before taxes to see which HUD income category it falls in for Bernalillo County, NM.

Low income (80% limit)

A household of 4 earning $78,300 is under the 80% limit of $80,300 for this area. At 30% of income it could pay about $1,958 a month for rent and utilities.

This is a quick comparison with HUD's published limits, not an eligibility decision. Programs count income in their own ways and many have waiting lists; the local housing agency or property decides.

Income limits in Bernalillo County

HUD's FY2026 income limits for Albuquerque, NM are based on a median family income of $100,400. Programs such as Housing Choice Vouchers, public housing and HOME use the 30%, 50% and 80% columns; Low-Income Housing Tax Credit properties use the 50% and 60% Multifamily Tax Subsidy Project limits.

FY2026 income limits by household size (yearly gross income)
PeopleExtremely low30% / povertyVery low50%60% (LIHTC)MTSPLow income80%
1$21,100$35,150$42,180$56,250
2$24,100$40,200$48,240$64,250
3$27,320$45,200$54,240$72,300
4$33,000$50,200$60,240$80,300
5$38,680$54,250$65,100$86,750
6$44,360$58,250$69,900$93,150
7$50,040$62,250$74,700$99,600
8$55,720$66,300$79,560$106,000

Rent history

Since FY2017 the two-bedroom FMR here has gone from $878 to $1,384, up 57.6% over ten years. HUD has published a two-bedroom FMR for this area since FY1983, when it was $321.

2-bedroom Fair Market Rent, 2001 to 2027$0$400$800$1,200$1,600$2,000200520102015202020252027$1,384FY2001: $632FY2002: $654FY2003: $671FY2004: $673FY2005: $699FY2006: $721FY2007: $746FY2008: $760FY2009: $753FY2010: $782FY2011: $811FY2012: $701FY2013: $780FY2014: $802FY2015: $836FY2016: $941FY2017: $878FY2018: $873FY2019: $877FY2020: $877FY2021: $940FY2022: $996FY2023: $1,144FY2024: $1,222FY2025: $1,331FY2026: $1,464FY2027: $1,384

What it takes to afford the rent

To keep a two-bedroom rent of $1,384 at no more than 30% of income, the usual affordability rule, a household needs about $55,400 a year. That is 55% of the area median family income of $100,400, so a typical family can afford it with room to spare.

Fair Market Rent by year (monthly gross rent incl. utilities)
UnitFY2027FY2026FY2025Income to affordat 30%
Studio$977$1,009$913$39,100
1 bedroom$1,112$1,185$1,084$44,500
2 bedrooms$1,384$1,464$1,331$55,400
3 bedrooms$1,902$2,036$1,865$76,100
4 bedrooms$2,242$2,399$2,209$89,700

How Bernalillo County compares

Bernalillo County is part of the Albuquerque, NM HUD Metro FMR Area, together with Sandoval County, Torrance County and Valencia County. HUD publishes one Fair Market Rent and one set of income limits for the whole area, so the numbers on this page apply in every county of it.

Bernalillo County has the 3rd highest two-bedroom Fair Market Rent of the 33 counties in New Mexico; the population-weighted average across New Mexico is $1,282 and the nationwide average is $1,751.

Lea County $1,327Taos County $1,292Eddy County $1,252Curry County $1,151McKinley County $1,140San Juan County $1,116

All 33 counties in New Mexico →

Small Area FMRs by ZIP code

HUD also publishes Small Area Fair Market Rents for each ZIP code. In Bernalillo County the two-bedroom figure ranges from $1,320 to $2,080 across 46 ZIP codes, against the area-wide $1,384. This area is not on HUD's list of mandatory Small Area FMR areas, so most agencies here use the area-wide FMR; an agency may still opt in to ZIP-level rents.

ZIPPlace2 BR SAFMR110% payment std.
87116Albuquerque$2,080$2,288
87122Albuquerque$2,080$2,288
87113Albuquerque$1,910$2,101
87111Albuquerque$1,760$1,936
87174Rio Rancho$1,710$1,881
87120Albuquerque$1,700$1,870
87121Albuquerque$1,630$1,793
87151Albuquerque$1,630$1,793
87008Cedar Crest$1,610$1,771
87114Albuquerque$1,560$1,716
87109Albuquerque$1,510$1,661
87110Albuquerque$1,410$1,551
87117Kirtland Afb$1,410$1,551
87101Albuquerque$1,360$1,496
87103Albuquerque$1,360$1,496
87115Albuquerque$1,360$1,496
87119Albuquerque$1,360$1,496
87125Albuquerque$1,360$1,496
87153Albuquerque$1,360$1,496
87154Albuquerque$1,360$1,496
87176Albuquerque$1,360$1,496
87181Albuquerque$1,360$1,496
87184Albuquerque$1,360$1,496
87185Albuquerque$1,360$1,496
87187Albuquerque$1,360$1,496
87190Albuquerque$1,360$1,496
87191Albuquerque$1,360$1,496
87192Albuquerque$1,360$1,496
87193Albuquerque$1,360$1,496
87194Albuquerque$1,360$1,496
87195Albuquerque$1,360$1,496
87196Albuquerque$1,360$1,496
87197Albuquerque$1,360$1,496
87198Albuquerque$1,360$1,496
87199Albuquerque$1,360$1,496
87112Albuquerque$1,340$1,474
87104Albuquerque$1,330$1,463
87022Isleta$1,320$1,452
87059Tijeras$1,320$1,452
87068Bosque Farms$1,320$1,452
87102Albuquerque$1,320$1,452
87105Albuquerque$1,320$1,452
87106Albuquerque$1,320$1,452
87107Albuquerque$1,320$1,452
87108Albuquerque$1,320$1,452
87123Albuquerque$1,320$1,452

Questions

What is the Fair Market Rent in Bernalillo County, NM for 2027?

For FY2027 (October 1, 2026 to September 30, 2027) HUD's Fair Market Rents in Bernalillo County, NM are $977 for a studio, $1,112 for one bedroom, $1,384 for two bedrooms, $1,902 for three and $2,242 for four bedrooms, per month including utilities.

What is the area median income in Bernalillo County, NM?

HUD's FY2026 median family income for the area is $100,400, up 9.8% from $91,400 in FY2025.

What is 80% of AMI in Bernalillo County, NM for a family of 4?

The FY2026 low-income limit (80%) for a household of four is $80,300 a year. The very low-income limit (50%) is $50,200 and the extremely low-income limit is $33,000.

What is the 60% AMI limit for tax credit housing in Bernalillo County, NM?

Under HUD's FY2026 Multifamily Tax Subsidy Project limits, the 60% limit is $42,180 for one person and $60,240 for four.

Is the Fair Market Rent the same as the Section 8 payment standard?

No. Housing agencies set their payment standard between 90% and 110% of the FMR (for a two-bedroom here: $1,246 to $1,522), and can ask HUD for exceptions. Check the payment standard with your local housing agency.