Torrance County, NM

2025 Fair Market Rents

Tags: 2025 Albuquerque, NM MSA

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The top four largest cities in Torrance County are Mountainair, Mcintosh, Cedarvale, and Torreon. 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 Torrance County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Torrance 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 Torrance County compare?

Torrance County ($1,331) has a 28.1% higher FMR for 2-Bedroom housing than the average of New Mexico ($1,039) and therefore a higher gross rent.

Torrance County is rank 3rd out of 33 counties. This means the FMRs, or in other words, the gross rent is higher than 30 other counties. Torrance County is the 3rd most expensive county in terms of FMRs.

Rent Tables Torrance County, NM

Fair Market Rent (40th Percentile)

$913
studio
$1,084
1-Bedroom
$1,331
2-Bedroom
$1,865
3-Bedroom
$2,209
4-Bedroom

Median Rent (50th Percentile)

$987
studio
$1,173
1-Bedroom
$1,440
2-Bedroom
$2,018
3-Bedroom
$2,389
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
87009 $750 $910 $1,100 $1,550 $1,860
87032 $750 $910 $1,100 $1,550 $1,860
87036 $750 $910 $1,100 $1,550 $1,860
87061 $750 $910 $1,100 $1,550 $1,860
87063 $750 $910 $1,100 $1,550 $1,860
87070 $750 $910 $1,100 $1,550 $1,860
88321 $750 $910 $1,100 $1,550 $1,860
88321 $750 $910 $1,100 $1,550 $1,860
87036 $750 $910 $1,100 $1,550 $1,860
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
87009 $675 $819 $990 $1,395 $1,674
87032 $675 $819 $990 $1,395 $1,674
87036 $675 $819 $990 $1,395 $1,674
87061 $675 $819 $990 $1,395 $1,674
87063 $675 $819 $990 $1,395 $1,674
87070 $675 $819 $990 $1,395 $1,674
88321 $675 $819 $990 $1,395 $1,674
88321 $675 $819 $990 $1,395 $1,674
87036 $675 $819 $990 $1,395 $1,674
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
87009 $825 $1,001 $1,210 $1,705 $2,046
87032 $825 $1,001 $1,210 $1,705 $2,046
87036 $825 $1,001 $1,210 $1,705 $2,046
87061 $825 $1,001 $1,210 $1,705 $2,046
87063 $825 $1,001 $1,210 $1,705 $2,046
87070 $825 $1,001 $1,210 $1,705 $2,046
88321 $825 $1,001 $1,210 $1,705 $2,046
88321 $825 $1,001 $1,210 $1,705 $2,046
87036 $825 $1,001 $1,210 $1,705 $2,046

Fair Market Rents on this page apply to the following cities in Torrance County, New Mexico: Mountainair, Mcintosh, Cedarvale, Torreon, Willard, Clines Corners, and Encino.

These Fair Market Rents also apply to the following ZIP codes in Torrance County, New Mexico: 87036, 87032, 87009, 87061, 87063, 87070, and 88321.

Torrance County, NM is considered part of the following metro FMR area: ALBUQUERQUE, NM MSA.

Other counties in the same metro FMR area are: Bernalillo County, NM, Sandoval County, NM, and Valencia County, NM.

More on Torrance County, NM

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Data Source

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