Albuquerque, NM MSA · FY2026 area median income $100,400 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $351 | $527 | $703 | $878 | $1,054 | $1,230 | $1,406 |
| 1BR | $376 | $565 | $753 | $941 | $1,130 | $1,318 | $1,507 |
| 2BR | $452 | $678 | $904 | $1,130 | $1,356 | $1,582 | $1,808 |
| 3BR | $522 | $783 | $1,044 | $1,305 | $1,566 | $1,827 | $2,089 |
| 4BR | $582 | $873 | $1,165 | $1,456 | $1,747 | $2,038 | $2,330 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $21,090 | $35,150 | $42,180 | $56,240 |
| 2 persons | $24,120 | $40,200 | $48,240 | $64,320 |
| 3 persons | $27,120 | $45,200 | $54,240 | $72,320 |
| 4 persons | $30,120 | $50,200 | $60,240 | $80,320 |
| 5 persons | $32,550 | $54,250 | $65,100 | $86,800 |
| 6 persons | $34,950 | $58,250 | $69,900 | $93,200 |
| 7 persons | $37,350 | $62,250 | $74,700 | $99,600 |
| 8 persons | $39,780 | $66,300 | $79,560 | $106,080 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Torrance County to see the sources and uses, bond test, DSCR, and funding gap using these rents.