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Rent in San Miguel County, NM

The Fair Market Rent (FMR) for a two-bedroom home in San Miguel County, NM is $1,008/month for HUD fiscal year 2026 — HUD's estimate of the 40th-percentile gross rent for standard-quality rentals in this market.

Quick answer: A two-bedroom in San Miguel County, NM has an FMR of $1,008/month (FY2026). That is 3% above the national median of $974. San Miguel County, NM ranks #1,165 of 2,622 HUD FMR areas by two-bedroom rent (1 = most expensive).

Fair Market Rent by bedroom size, San Miguel County, NM

Unit sizeFair Market Rent / month
Studio / efficiency$783
1 bedroom$920
2 bedrooms$1,008
3 bedrooms$1,402
4 bedrooms$1,626

Nearby on the rent ranking

Frequently asked questions

How much is rent in San Miguel County, NM?
The Fair Market Rent (FMR) for a two-bedroom unit in San Miguel County, NM is $1,008 per month for HUD fiscal year 2026. A one-bedroom is $920 and a three-bedroom is $1,402 per month.
What is the studio and one-bedroom Fair Market Rent in San Miguel County, NM?
For FY2026, HUD's efficiency/studio FMR in San Miguel County, NM is $783 per month and the one-bedroom FMR is $920 per month.
How is the Fair Market Rent for San Miguel County, NM calculated?
HUD's Fair Market Rent is an estimate of the 40th-percentile gross rent — rent plus tenant-paid utilities, excluding telephone, cable, satellite and internet — for standard-quality rental units in the local housing market. Figures are set per HUD FMR area and apply to every county within that area.
What are Fair Market Rents used for in San Miguel County, NM?
FMRs set the payment standards for the Housing Choice Voucher (Section 8) program and other HUD rental-assistance programs in San Miguel County, NM. They cap the subsidy a voucher can pay toward rent and are also widely used as a benchmark for typical local rents.
How does rent in San Miguel County, NM compare nationally?
San Miguel County, NM ranks #1,165 of 2,622 HUD FMR areas by two-bedroom FMR (1 = most expensive). The national median two-bedroom FMR is $974 per month.

Source: U.S. Department of Housing and Urban Development (HUD USER), FY2026 Fair Market Rents. Public domain (17 U.S.C. § 105). Figures effective 1 October 2025. Last updated 2025-10-01.