Rent comparison · HUD FY2026
Santa Fe, NM MSA vs Albuquerque, NM MSA
How do Santa Fe, NM MSA and Albuquerque, NM MSA rents compare? A side-by-side FY 2026 HUD Fair Market Rent breakdown, studio through 4-bedroom.
- $1,390
- Santa Fe, NM MSA (1BR)
- $1,185
- Albuquerque, NM MSA (1BR)
- +17%
- 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 Santa Fe, NM MSA is 17% more expensive than Albuquerque, NM MSA at the HUD Fair Market Rent level ($1,390 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 | Santa Fe, NM MSA | Albuquerque, NM MSA | Difference |
|---|---|---|---|
| Studio | $1,259 | $1,009 | +$250 (+25%) |
| 1 Bedroom | $1,390 | $1,185 | +$205 (+17%) |
| 2 Bedroom | $1,685 | $1,464 | +$221 (+15%) |
| 3 Bedroom | $2,122 | $2,036 | +$86 (+4%) |
| 4 Bedroom | $2,231 | $2,399 | −$168 (-7%) |
vs US National Average
National average 1BR: $959. Santa Fe, NM MSA is 45% above 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).