Section 8 Fair Market Rent (FMR) for ZIP 87197 - 2027

Name: Section 8 Fair Market Rent Data for 87197
Creator: U.S. Department of Housing and Urban Development (HUD)
License: https://creativecommons.org/publicdomain/zero/1.0/

Location: Albuquerque, NM | Metro: Albuquerque, NM MSA

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$960
1 Bedroom	$1,090
2 Bedrooms	$1,360
3 Bedrooms	$1,870
4 Bedrooms	$2,200
5 Bedrooms	$2,552
6 Bedrooms	$2,858
7 Bedrooms	$3,087
8 Bedrooms	$3,241

Data Sources: FMR data from HUD (2027).

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.