Location: Albuquerque, NM | Metro: Albuquerque, NM MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,030 |
| 1 Bedroom | $1,210 |
| 2 Bedrooms | $1,500 |
| 3 Bedrooms | $2,080 |
| 4 Bedrooms | $2,450 |
| 5 Bedrooms | $2,842 |
| 6 Bedrooms | $3,183 |
| 7 Bedrooms | $3,438 |
| 8 Bedrooms | $3,610 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,500 | $312,663 | 0.48% | F |
| 3BR | $2,080 | $421,023 | 0.49% | F |
U.S. Census Bureau data (2024)
ZIP code 87025, encompassing Jemez Springs, New Mexico, stands out in Sandoval County with a unique demographic profile. With only 1,299 residents, it has one of the smallest populations in the county, and just 7.3% of those residents are renters. The median income in this area is relatively high at $153,936, and the median home value is even higher at $349,214. These figures indicate a predominantly owner-occupied community with a significant financial advantage over the broader county and state averages.
The economic landscape for Section 8 vouchers in Jemez Springs is somewhat limited. The Fair Market Rent (FMR) for ZIP 87025 in fiscal year 2024 is set at $1,480, which is the maximum amount a landlord can charge for a rental unit under the voucher program. However, the lack of available market rent data suggests that there might be fewer rental properties participating in the Section 8 program, making it less competitive compared to other areas. This scarcity could present an opportunity for landlords willing to accept vouchers, as they may have a more stable tenant pool and less competition for rentals.
Given the low percentage of renters and the high median income and home values, the data signature for ZIP 87025 reads as stable. The community appears to be financially secure, with homeownership being the primary housing choice. For small-portfolio investors and landlords considering the acceptance of Section 8 vouchers, this ZIP code presents a niche market with potentially fewer rental options but also a reduced risk of tenant turnover and default. It's important to note that while the FMR provides a guideline for rental pricing, the actual number of vouchers available and the willingness of tenants to move into this area may influence the overall demand and stability of the rental market.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.