San Miguel County, NM

2025 Fair Market Rents

Tags: 2025 New Mexico

Return to the state page to see where New Mexico ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in San Miguel County are Las Vegas, Pecos, Glorieta, and Ribera. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does San Miguel County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however San Miguel County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does San Miguel County compare?

San Miguel County ($933) has a 10.2% lower FMR for 2-Bedroom housing than the average of New Mexico ($1,039) and therefore has a lower gross rent.

San Miguel County is rank 15th out of 33 counties. This means the FMRs, or in other words, the gross rent is higher than 18 other counties. San Miguel County is the 15th most expensive county in terms of FMRs.

Rent Tables San Miguel County, NM

Fair Market Rent (40th Percentile)

$753
studio
$843
1-Bedroom
$933
2-Bedroom
$1,307
3-Bedroom
$1,549
4-Bedroom

Median Rent (50th Percentile)

$753
studio
$843
1-Bedroom
$933
2-Bedroom
$1,307
3-Bedroom
$1,549
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
87535 $1,250 $1,390 $1,620 $2,090 $2,250
87552 $1,060 $1,190 $1,390 $1,780 $1,850
87573 $1,060 $1,190 $1,390 $1,780 $1,940
87742 $740 $830 $930 $1,300 $1,560
87745 $750 $840 $930 $1,310 $1,560
87535 $1,250 $1,390 $1,620 $2,090 $2,250
87538 $790 $880 $970 $1,360 $1,620
87552 $1,060 $1,190 $1,390 $1,780 $1,850
87560 $750 $840 $930 $1,310 $1,560
87562 $750 $840 $930 $1,310 $1,560
87565 $760 $850 $940 $1,320 $1,560
87569 $760 $850 $940 $1,320 $1,570
87573 $1,060 $1,190 $1,390 $1,780 $1,940
87583 $750 $840 $930 $1,310 $1,560
87701 $770 $860 $950 $1,330 $1,580
87731 $780 $870 $960 $1,340 $1,600
87742 $740 $830 $930 $1,300 $1,560
87745 $750 $840 $930 $1,310 $1,560
88416 $750 $840 $930 $1,310 $1,560
88421 $760 $860 $950 $1,330 $1,590
88439 $750 $840 $930 $1,310 $1,560
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
87535 $1,125 $1,251 $1,458 $1,881 $2,025
87552 $954 $1,071 $1,251 $1,602 $1,665
87573 $954 $1,071 $1,251 $1,602 $1,746
87742 $666 $747 $837 $1,170 $1,404
87745 $675 $756 $837 $1,179 $1,404
87535 $1,125 $1,251 $1,458 $1,881 $2,025
87538 $711 $792 $873 $1,224 $1,458
87552 $954 $1,071 $1,251 $1,602 $1,665
87560 $675 $756 $837 $1,179 $1,404
87562 $675 $756 $837 $1,179 $1,404
87565 $684 $765 $846 $1,188 $1,404
87569 $684 $765 $846 $1,188 $1,413
87573 $954 $1,071 $1,251 $1,602 $1,746
87583 $675 $756 $837 $1,179 $1,404
87701 $693 $774 $855 $1,197 $1,422
87731 $702 $783 $864 $1,206 $1,440
87742 $666 $747 $837 $1,170 $1,404
87745 $675 $756 $837 $1,179 $1,404
88416 $675 $756 $837 $1,179 $1,404
88421 $684 $774 $855 $1,197 $1,431
88439 $675 $756 $837 $1,179 $1,404
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
87535 $1,375 $1,529 $1,782 $2,299 $2,475
87552 $1,166 $1,309 $1,529 $1,958 $2,035
87573 $1,166 $1,309 $1,529 $1,958 $2,134
87742 $814 $913 $1,023 $1,430 $1,716
87745 $825 $924 $1,023 $1,441 $1,716
87535 $1,375 $1,529 $1,782 $2,299 $2,475
87538 $869 $968 $1,067 $1,496 $1,782
87552 $1,166 $1,309 $1,529 $1,958 $2,035
87560 $825 $924 $1,023 $1,441 $1,716
87562 $825 $924 $1,023 $1,441 $1,716
87565 $836 $935 $1,034 $1,452 $1,716
87569 $836 $935 $1,034 $1,452 $1,727
87573 $1,166 $1,309 $1,529 $1,958 $2,134
87583 $825 $924 $1,023 $1,441 $1,716
87701 $847 $946 $1,045 $1,463 $1,738
87731 $858 $957 $1,056 $1,474 $1,760
87742 $814 $913 $1,023 $1,430 $1,716
87745 $825 $924 $1,023 $1,441 $1,716
88416 $825 $924 $1,023 $1,441 $1,716
88421 $836 $946 $1,045 $1,463 $1,749
88439 $825 $924 $1,023 $1,441 $1,716

Fair Market Rents on this page apply to the following cities in San Miguel County, New Mexico: Las Vegas, Pecos, Glorieta, Ribera, Sapello, Rowe, Ilfeld, San Jose, Serafina, Tererro, Villanueva, Montezuma, Rociada, Conchas Dam, Garita, and Trementina.

These Fair Market Rents also apply to the following ZIP codes in San Miguel County, New Mexico: 87701, 87552, 87535, 87560, 87745, 87562, 87538, 87565, 87569, 87573, 87583, 87731, 87742, 88416, 88421, and 88439.

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.