HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in San Juan County, New Mexico (FY 2026)
$1,085 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in San Juan County, and it's the baseline every voucher in San Juan is measured against.
2 bedroom FMR
$1,085
FY 2026, utilities included
Payment standard range
$977 to $1,194
90% to 110% of FMR
Income to afford 2BR
$43,400
per year, at 30% of income
Rank in New Mexico
12th of 33
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in San Juan moves to $1,116. That's up 3%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in San Juan actually rent for?
Search any address in San Juan for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $882 | $794 to $970 | $35,280 | $16.96/hr | +4.9% |
| 1 bedroom | $885 | $797 to $974 | $35,400 | $17.02/hr | +3.5% |
| 2 bedroom | $1,085 | $977 to $1,194 | $43,400 | $20.87/hr | +4.9% |
| 3 bedroom | $1,509 | $1,358 to $1,660 | $60,360 | $29.02/hr | +4.1% |
| 4 bedroom | $1,630 | $1,467 to $1,793 | $65,200 | $31.35/hr | +3.8% |
5 to 8 bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,875 | $1,688 to $2,063 |
| 6 bedroom Estimate | $2,119 | $1,907 to $2,331 |
| 7 bedroom Estimate | $2,364 | $2,128 to $2,600 |
| 8 bedroom Estimate | $2,608 | $2,347 to $2,869 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2026 that's October 1, 2025 through September 30, 2026. In San Juan, that runs from $882 for a studio up to $1,630 for four bedrooms, all five rates in the table above.
San Juan is its own HUD metro area (Farmington, NM), so the rate here is set from rents inside the county rather than a wider region.
Among New Mexico's 33 counties, San Juan ranks 12th for two-bedroom FMR. That's about 4% above the state median of $1,040 and about 7% above the national median county at $1,018. About 121,798 people live here, 5th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $970 in 87364 (Sheep Springs) and $1,630 in 87415 (Flora Vista), with the 17 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 87037 | Nageezi | $1,100 | +1.4% |
| 87364 | Sheep Springs | $970 | -10.6% |
| 87401 | Farmington | $1,150 | +6.0% |
| 87402 | Farmington | $1,200 | +10.6% |
| 87410 | Aztec | $1,030 | -5.1% |
| 87412 | Blanco | $1,020 | -6.0% |
| 87413 | Bloomfield | $1,020 | -6.0% |
| 87415 | Flora Vista | $1,630 | +50.2% |
| 87416 | Fruitland | $1,230 | +13.4% |
| 87417 | Kirtland | $970 | -10.6% |
| 87418 | La Plata | $1,150 | +6.0% |
| 87419 | Navajo Dam | $1,180 | +8.8% |
| 87420 | Shiprock | $970 | -10.6% |
| 87421 | Waterflow | $1,170 | +7.8% |
| 87455 | Newcomb | $970 | -10.6% |
| 87461 | Sanostee | $970 | -10.6% |
| 87499 | Farmington | $1,050 | -3.2% |
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in San Juan somewhere between $977 and $1,194. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,085 a month is affordable, by HUD's 30% rule, on an income of roughly $43,400 a year. Put another way, $21 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($977) | HAP at 100% ($1,085) | HAP at 110% ($1,194) |
|---|---|---|---|---|
| $2,500 | $750 | $227 | $335 | $444 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 5% from FY 2025 ($1,034) to FY 2026 ($1,085). Since FY 2020 it's up 32% in total, about 4.7% a year. The New Mexico median moved up 11% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $702 | $713 | $822 | $1,079 | $1,205 | — |
| FY 2021 | $687 | $695 | $802 | $1,055 | $1,224 | -2.4% |
| FY 2022 | $724 | $734 | $850 | $1,133 | $1,317 | +6.0% |
| FY 2023 | $756 | $769 | $909 | $1,277 | $1,391 | +6.9% |
| FY 2024 | $843 | $847 | $1,012 | $1,426 | $1,526 | +11.3% |
| FY 2025 | $841 | $855 | $1,034 | $1,449 | $1,571 | +2.2% |
| FY 2026 | $882 | $885 | $1,085 | $1,509 | $1,630 | +4.9% |
| FY 2027 | $850 | $855 | $1,116 | $1,545 | $1,673 | +2.9% |
Nearby counties
McKinley County
$1,09079 mi · pop 72,073
Rio Arriba County
$973111 mi · pop 40,285
Sandoval County
$1,464111 mi · pop 149,460
Cibola County
$993112 mi · pop 27,211
Los Alamos County
$1,740124 mi · pop 19,253
Bernalillo County
$1,464142 mi · pop 674,692
Taos County
$1,279144 mi · pop 34,475
Santa Fe County
$1,685147 mi · pop 154,481
Questions people ask
$1,085 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $882 for a studio, $885 for one bedroom, $1,509 for three and $1,630 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the payment standard and tenant share for a specific rent.
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords.
Rent affordability calculator
See what income a household needs for a given rent.
What does a rental in San Juan actually go for?
HUD's number is one input. Search any address in San Juan for a rent estimate built from nearby comps. 3 free searches, no card.
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