FY2027 Small Area FMR · Cochiti Pueblo, NM

ZIP 87072 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 87072 (Cochiti Pueblo, NM) is $1,370 a month, down 6.2% from FY2026. That is 1% below the Albuquerque, NM area-wide FMR of $1,384.

2-bedroom SAFMR$1,370per month ▼ 6.2%

Area-wide 2 BR FMR$1,384Albuquerque, NM

Rank in the area32ndof 87 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,233

2 BR Small Area FMR$1,370

110% of SAFMR$1,507

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$970▼ 4.0%

1 BR$1,100▼ 7.6%

2 BR$1,370▼ 6.2%

3 BR$1,880▼ 7.4%

4 BR$2,210▼ 7.5%

FY2027 FY2026

Where 87072 sits in the Albuquerque, NM area

Of the 87 ZIP codes HUD lists for the area, 87072 has the 32nd highest two-bedroom Small Area FMR. Albuquerque, NM is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,384 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,370 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$970	$873 – $1,067	$977	$1,010
1 bedroom	$1,100	$990 – $1,210	$1,112	$1,190
2 bedrooms	$1,370	$1,233 – $1,507	$1,384	$1,460
3 bedrooms	$1,880	$1,692 – $2,068	$1,902	$2,030
4 bedrooms	$2,210	$1,989 – $2,431	$2,242	$2,390

A household renting a two-bedroom home at the Small Area FMR of $1,370 needs about $54,800 a year to keep housing costs at 30% of income. The area median family income is $100,400 and the 80% low-income limit for four people is $80,300. ZIP code 87072 lies mainly in Sandoval County. See the Albuquerque, NM metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
87083	Cochiti Lake	4.2 mi	$1,780
87041	Pena Blanca	6.5 mi	$1,320
87052	Santo Domingo Pueblo	9.2 mi	$1,320
87044	Ponderosa	14.5 mi	$1,440
87507	Santa Fe	16.2 mi	$1,590
87001	Algodones	16.3 mi	$1,510

Questions

What is the Fair Market Rent for ZIP code 87072?

HUD's FY2027 Small Area Fair Market Rents for 87072 are $970 (studio), $1,100 (1 BR), $1,370 (2 BR), $1,880 (3 BR) and $2,210 (4 BR) a month.

What is the Section 8 payment standard in 87072?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 87072 that range is $1,233 to $1,507 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 87072?

The FY2026 income limits of the Albuquerque, NM area apply: median family income $100,400, low-income (80%) limit $80,300 for a family of four.