FY2027 Small Area FMR · Ribera, NM

ZIP 87560 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 87560 (Ribera, NM) is $1,080 a month, up 11.3% from FY2026. That is 0% equal to the San Miguel County, NM area-wide FMR of $1,077.

2-bedroom SAFMR$1,080per month ▲ 11.3%

Area-wide 2 BR FMR$1,077San Miguel County, NM

Rank in the area7thof 20 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$972

2 BR Small Area FMR$1,080

110% of SAFMR$1,188

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

Studio$800▲ 5.3%

1 BR$930▲ 4.5%

2 BR$1,080▲ 11.3%

3 BR$1,500▲ 11.1%

4 BR$1,690▲ 7.6%

FY2027 FY2026

Where 87560 sits in the San Miguel County, NM area

Of the 20 ZIP codes HUD lists for the area, 87560 has the 7th highest two-bedroom Small Area FMR. San Miguel 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 $1,077 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,080 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	$800	$720 – $880	$796	$760
1 bedroom	$930	$837 – $1,023	$925	$890
2 bedrooms	$1,080	$972 – $1,188	$1,077	$970
3 bedrooms	$1,500	$1,350 – $1,650	$1,491	$1,350
4 bedrooms	$1,690	$1,521 – $1,859	$1,689	$1,570

A household renting a two-bedroom home at the Small Area FMR of $1,080 needs about $43,200 a year to keep housing costs at 30% of income. The area median family income is $74,300 and the 80% low-income limit for four people is $59,450. ZIP code 87560 lies mainly in San Miguel County. See the San Miguel County, NM county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
87583	Villanueva	10.7 mi	$1,080
87565	San Jose	12.4 mi	$1,080
87569	Serafina	14.8 mi	$1,080
87562	Rowe	15.3 mi	$1,080
87538	Ilfeld	18.0 mi	$1,190
87056	Stanley	20.1 mi	$1,740

Questions

What is the Fair Market Rent for ZIP code 87560?

HUD's FY2027 Small Area Fair Market Rents for 87560 are $800 (studio), $930 (1 BR), $1,080 (2 BR), $1,500 (3 BR) and $1,690 (4 BR) a month.

What is the Section 8 payment standard in 87560?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 87560 that range is $972 to $1,188 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 87560?

The FY2026 income limits of the San Miguel County, NM area apply: median family income $74,300, low-income (80%) limit $59,450 for a family of four.