FY2027 Small Area FMR · Sapello, NM
ZIP 87745 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 87745 (Sapello, NM) is $1,080 a month, up 6.9% from FY2026. That is 7% above the Mora County, NM area-wide FMR of $1,014.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 87745 sits in the Mora County, NM area
Of the 14 ZIP codes HUD lists for the area, 87745 has the 2nd highest two-bedroom Small Area FMR. Mora 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 $1,014 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,080 for this ZIP code instead.
ZIP code 87745 crosses more than one HUD area. HUD also lists it under San Miguel County, NM (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $800 | $720 – $880 | $807 | $780 |
| 1 bedroom | $930 | $837 – $1,023 | $833 | $920 |
| 2 bedrooms | $1,080 | $972 – $1,188 | $1,014 | $1,010 |
| 3 bedrooms | $1,500 | $1,350 – $1,650 | $1,388 | $1,400 |
| 4 bedrooms | $1,690 | $1,521 – $1,859 | $1,590 | $1,630 |
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 $57,700 and the 80% low-income limit for four people is $58,300. ZIP code 87745 lies mainly in San Miguel County and Mora County. See the Mora County, NM county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 87745?
HUD's FY2027 Small Area Fair Market Rents for 87745 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 87745?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 87745 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 87745?
The FY2026 income limits of the Mora County, NM area apply: median family income $57,700, low-income (80%) limit $58,300 for a family of four.