Compare Fair Market Rents — FY2026
| Bedroom | Farmington, NM MSA | Santa Fe, NM MSA |
|---|---|---|
| Studio | $882 | $1,259 |
| 1-Bedroom | $885 | $1,390 |
| 2-Bedroom | $1,085 | $1,685 |
| 3-Bedroom | $1,509 | $2,122 |
| 4-Bedroom | $1,630 | $2,231 |
Income Limits & Affordability
| Metric | Farmington, NM MSA | Santa Fe, NM MSA |
|---|---|---|
| Area Median Income (4p) | $80,300 | $118,600 |
| 50% AMI Limit (4p) | $40,150 | $54,700 |
| Income needed for 2BR FMR (30% rule) | $43,400 | $67,400 |