Rent comparison · HUD FY2026

Albuquerque, NM MSA vs Farmington, NM MSA

How do Albuquerque, NM MSA and Farmington, NM MSA rents compare? A side-by-side FY 2026 HUD Fair Market Rent breakdown, studio through 4-bedroom.

$1,185
Albuquerque, NM MSA (1BR)
$885
Farmington, NM MSA (1BR)
+34%
1BR difference

Side-by-side FY 2026 HUD Fair Market Rent comparison. Data from U.S. Department of Housing and Urban Development (HUD).

Metro
Albuquerque, NM MSA
$1,185/mo 1BR
Population: 915,968
Metro
Farmington, NM MSA
$885/mo 1BR
Population: 121,798

A 1-bedroom in Albuquerque, NM MSA is 34% more expensive than Farmington, NM MSA at the HUD Fair Market Rent level ($1,185 vs $885). Both figures are the 40th percentile of gross rents (utilities included, telephone excluded) set by HUD for the federal fiscal year 2026. Section 8 Housing Choice Voucher payment standards in each area are set between 90% and 110% of these FMR numbers. Source: HUD Fair Market Rents.

How Do Rents Compare By Bedroom?

Bedrooms Albuquerque, NM MSA Farmington, NM MSA Difference
Studio $1,009 $882 +$127 (+14%)
1 Bedroom $1,185 $885 +$300 (+34%)
2 Bedroom $1,464 $1,085 +$379 (+35%)
3 Bedroom $2,036 $1,509 +$527 (+35%)
4 Bedroom $2,399 $1,630 +$769 (+47%)

vs US National Average

National average 1BR: $959. Albuquerque, NM MSA is 24% above the US average. Farmington, NM MSA is 8% below.

Sources: HUD Fair Market Rents FY 2026. Population and median income from U.S. Census Bureau American Community Survey (ACS).