New Mexico · FIPS 35045 · HUD FY 2027
San Juan County, New Mexico Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in San Juan County is $1,116 a month (rent plus utilities), 13% below the New Mexico average of $1,282 and 37% below the U.S. average of $1,761. That is up $31 (2.9%) from FY 2026. At 30% of income, a household needs about $44,640 a year to afford it.
- $1,1162-bedroom FMR+$31 (+2.9%) vs FY 2026
- $8551-bedroom FMRNew Mexico: $1,051 · U.S.: $1,478
- $44,640Income for a 2-bedroom$21/hour full-time
- 12 of 332BR rank in New Mexico1 = highest rent
| Unit | San Juan County FY 2027 | FY 2026 | Change | New Mexico avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $850 | $882 | −$32 (−3.6%) | $935 | $1,379 | $34,000 |
| 1 bedroom | $855 | $885 | −$30 (−3.4%) | $1,051 | $1,478 | $34,200 |
| 2 bedrooms | $1,116 | $1,085 | +$31 (+2.9%) | $1,282 | $1,761 | $44,640 |
| 3 bedrooms | $1,545 | $1,509 | +$36 (+2.4%) | $1,716 | $2,266 | $61,800 |
| 4 bedrooms | $1,673 | $1,630 | +$43 (+2.6%) | $1,982 | $2,607 | $66,920 |
How San Juan County compares
- HUD sets this rent for the Farmington, NM metro FMR area, which covers 120,942 residents in 1 county.
- Across New Mexico, 2-bedroom FMRs run from $1,014 (Union County) to $1,874 (Los Alamos County).
- Studio to 4-bedroom: $850, $855, $1,116, $1,545, $1,673. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 16 ZIP codes mostly in San Juan County (by land area), the 2-bedroom figure ranges from $1,010 to $1,470.
Small Area FMRs by ZIP code in San Juan County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 87037 | $840 | $850 | $1,080 | $1,490 | $1,640 | −$20 (−1.8%) | 3% below |
| 87364 | $800 | $800 | $1,010 | $1,410 | $1,530 | +$40 (+4.1%) | 9% below |
| 87401 | $910 | $910 | $1,190 | $1,650 | $1,780 | +$40 (+3.5%) | 7% above |
| 87402 | $930 | $930 | $1,220 | $1,690 | $1,830 | +$20 (+1.7%) | 9% above |
| 87410 | $800 | $800 | $1,010 | $1,410 | $1,530 | −$20 (−1.9%) | 9% below |
| 87413 | $840 | $850 | $1,110 | $1,540 | $1,660 | +$90 (+8.8%) | 1% below |
| 87415 | $1,190 | $1,200 | $1,470 | $2,050 | $2,210 | −$160 (−9.8%) | 32% above |
| 87416 | $940 | $940 | $1,230 | $1,700 | $1,840 | no change | 10% above |
| 87417 | $800 | $800 | $1,010 | $1,410 | $1,530 | +$40 (+4.1%) | 9% below |
| 87418 | $930 | $950 | $1,240 | $1,630 | $1,760 | +$90 (+7.8%) | 11% above |
| 87419 | $980 | $1,010 | $1,310 | $1,660 | $1,820 | +$130 (+11.0%) | 17% above |
| 87420 | $800 | $800 | $1,010 | $1,410 | $1,530 | +$40 (+4.1%) | 9% below |
| 87421 | $900 | $900 | $1,180 | $1,630 | $1,760 | +$10 (+0.9%) | 6% above |
| 87455 | $800 | $800 | $1,010 | $1,410 | $1,530 | +$40 (+4.1%) | 9% below |
| 87461 | $800 | $800 | $1,010 | $1,410 | $1,530 | +$40 (+4.1%) | 9% below |
| 87499 | $880 | $890 | $1,160 | $1,610 | $1,740 | +$110 (+10.5%) | 4% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.