Most Expensive Metros for Rent in New Mexico — FY2026

U.S. metro areas with the highest HUD 2-bedroom Fair Market Rents in New Mexico. Highest 2-bedroom FMR first, based on official HUD data. · View national rankings →

Most Expensive Metros for Rent Least Expensive Metros for Rent Biggest Rent Increases Highest Income Limits
# Metro Area State Studio 2BR 4BR
1 Santa Fe, NM MSA NM $1,259 $1,685 $2,231
2 Albuquerque, NM MSA NM $1,009 $1,464 $2,399
3 Farmington, NM MSA NM $882 $1,085 $1,630
4 Las Cruces, NM MSA NM $744 $1,042 $1,580