FY2027 Small Area FMR · Gallup, NM

ZIP 87305 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 87305 (Gallup, NM) is $1,140 a month, up 4.6% from FY2026. That is 0% equal to the McKinley County, NM area-wide FMR of $1,140.

2-bedroom SAFMR$1,140per month ▲ 4.6%

Area-wide 2 BR FMR$1,140McKinley County, NM

Rank in the area10thof 25 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,026

2 BR Small Area FMR$1,140

110% of SAFMR$1,254

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

Studio$790▲ 5.3%

1 BR$910▲ 2.2%

2 BR$1,140▲ 4.6%

3 BR$1,360▲ 3.8%

4 BR$1,500▲ 4.2%

FY2027 FY2026

Where 87305 sits in the McKinley County, NM area

Of the 25 ZIP codes HUD lists for the area, 87305 has the 10th highest two-bedroom Small Area FMR. McKinley County, 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 $1,140 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,140 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	$790	$711 – $869	$794	$750
1 bedroom	$910	$819 – $1,001	$911	$890
2 bedrooms	$1,140	$1,026 – $1,254	$1,140	$1,090
3 bedrooms	$1,360	$1,224 – $1,496	$1,358	$1,310
4 bedrooms	$1,500	$1,350 – $1,650	$1,498	$1,440

A household renting a two-bedroom home at the Small Area FMR of $1,140 needs about $45,600 a year to keep housing costs at 30% of income. The area median family income is $56,400 and the 80% low-income limit for four people is $58,300. ZIP code 87305 lies mainly in McKinley County. See the McKinley County, NM county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
87326	Vanderwagen	8.2 mi	$1,140
87319	Mentmore	10.4 mi	$1,140
87301	Gallup	11.4 mi	$1,180
87322	Rehoboth	13.2 mi	$1,220
87317	Gamerco	14.6 mi	$1,270
86508	Lupton	16.8 mi	$1,070

Questions

What is the Fair Market Rent for ZIP code 87305?

HUD's FY2027 Small Area Fair Market Rents for 87305 are $790 (studio), $910 (1 BR), $1,140 (2 BR), $1,360 (3 BR) and $1,500 (4 BR) a month.

What is the Section 8 payment standard in 87305?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 87305 that range is $1,026 to $1,254 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 87305?

The FY2026 income limits of the McKinley County, NM area apply: median family income $56,400, low-income (80%) limit $58,300 for a family of four.