Rent comparison · HUD FY2026
Farmington, NM MSA vs Albuquerque, NM MSA
How do Farmington, NM MSA and Albuquerque, NM MSA rents compare? A side-by-side FY 2026 HUD Fair Market Rent breakdown, studio through 4-bedroom.
- $885
- Farmington, NM MSA (1BR)
- $1,185
- Albuquerque, NM MSA (1BR)
- −25%
- 1BR difference
Side-by-side FY 2026 HUD Fair Market Rent comparison. Data from U.S. Department of Housing and Urban Development (HUD).
A 1-bedroom in Farmington, NM MSA is 25% cheaper than Albuquerque, NM MSA at the HUD Fair Market Rent level ($885 vs $1,185). 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 | Farmington, NM MSA | Albuquerque, NM MSA | Difference |
|---|---|---|---|
| Studio | $882 | $1,009 | −$127 (-13%) |
| 1 Bedroom | $885 | $1,185 | −$300 (-25%) |
| 2 Bedroom | $1,085 | $1,464 | −$379 (-26%) |
| 3 Bedroom | $1,509 | $2,036 | −$527 (-26%) |
| 4 Bedroom | $1,630 | $2,399 | −$769 (-32%) |
vs US National Average
National average 1BR: $959. Farmington, NM MSA is 8% below the US average. Albuquerque, NM MSA is 24% above.
Sources: HUD Fair Market Rents FY 2026. Population and median income from U.S. Census Bureau American Community Survey (ACS).