High-rent metro gap - Santa Fe, NM MSA
Displayed gap in Santa Fe, NM MSA: +18.3% (HUD $1,685 vs ACS $1,425) · counties in FMR rows: Santa Fe County .
FMR gap dispatch plate
CBSA 42140 · Santa Fe, NM -18.3% shortfall
GAP-GENEROUS · FMR-TOP · SPREAD-PLUS · PHOTO-FINISH · COUNTY-SPARSE · BOOK-FULL
- GAP-GENEROUS 18.3% surplus
- FMR-TOP #313/396 · P79
- SPREAD-PLUS +$260
- PHOTO-FINISH Phoenix-Mesa-Chand
- COUNTY-SPARSE 1 county
- BOOK-FULL HUD+ACS pair
Nearest shortfall peer: Phoenix-Mesa-Chandler, AZ Metro Area (-0.0pp)
HUD's reference overshoots the ACS median by $260/mo. Lease-up odds are usually better than in shortfall markets, though still compare Phoenix-Mesa-Chandler, AZ Metro Area before assuming portability helps.
Instrument codes from this metro’s HUD FMR vs ACS shortfall band, national FMR quartile, dollar spread, gap peer, county footprint, and book completeness, not a moving recommendation.
Shortfall neighbourhood around Santa Fe, NM
Metros nearest this CBSA on voucher-vs-market shortfall (HUD FMR vs ACS 2-BR median). Full ladder: /gap/.
- Rockford -18.21
Rockford: -18.2% shortfall
-18.21 % shortfall
- Kiryas Joel-Poug -18.22
Kiryas Joel-Poug: -18.2% shortfall
-18.22 % shortfall
- Santa Fe · this metro -18.25
Santa Fe · this metro: -18.3% shortfall
-18.25 % shortfall
- Phoenix-Mesa-Cha -18.26
Phoenix-Mesa-Cha: -18.3% shortfall
-18.26 % shortfall
- Watertown-Fort D -18.27
Watertown-Fort D: -18.3% shortfall
-18.27 % shortfall
How does Santa Fe, NM compare with nearby FMR areas?
These are the twelve metros closest to Santa Fe, NM on the displayed voucher-vs-market margin. Their county lists are HUD FMR-area coverage, not a claim that the markets are interchangeable.
- Phoenix-Mesa-Chandler, AZ Metro Area
-18.3% shortfall · HUD $1,839 vs ACS $1,555 · $+$284/mo
HUD FMR-area counties: Maricopa County, Pinal County.
- Watertown-Fort Drum, NY Metro Area
-18.3% shortfall · HUD $1,405 vs ACS $1,188 · $+$217/mo
HUD FMR-area counties: Jefferson County.
- Kiryas Joel-Poughkeepsie-Newburgh, NY Metro Area
-18.2% shortfall · HUD $1,979 vs ACS $1,674 · $+$305/mo
HUD FMR-area counties: Dutchess County, Orange County.
- Rockford, IL Metro Area
-18.2% shortfall · HUD $1,175 vs ACS $994 · $+$181/mo
HUD FMR-area counties: Boone County, Winnebago County.
- Salt Lake City-Murray, UT Metro Area
-18.2% shortfall · HUD $1,747 vs ACS $1,478 · $+$269/mo
HUD FMR-area counties: Salt Lake County.
- Birmingham, AL Metro Area
-18.3% shortfall · HUD $1,266 vs ACS $1,070 · $+$196/mo
HUD FMR-area counties: Bibb County, Blount County, Jefferson County, Shelby County, St. Clair County.
- Memphis, TN-MS-AR Metro Area
-18.2% shortfall · HUD $1,274 vs ACS $1,078 · $+$196/mo
HUD FMR-area counties: Crittenden County, DeSoto County, Fayette County, Shelby County, Tipton County.
- Dothan, AL Metro Area
-18.2% shortfall · HUD $950 vs ACS $804 · $+$146/mo
HUD FMR-area counties: Geneva County, Houston County.
- Bremerton-Silverdale-Port Orchard, WA Metro Area
-18.1% shortfall · HUD $2,031 vs ACS $1,719 · $+$312/mo
HUD FMR-area counties: Kitsap County.
- Sheboygan, WI Metro Area
-18.4% shortfall · HUD $1,116 vs ACS $943 · $+$173/mo
HUD FMR-area counties: Sheboygan County.
- Salem, OR Metro Area
-18.4% shortfall · HUD $1,560 vs ACS $1,318 · $+$242/mo
HUD FMR-area counties: Marion County, Polk County.
- Wausau, WI Metro Area
-18.4% shortfall · HUD $1,147 vs ACS $969 · $+$178/mo
HUD FMR-area counties: Marathon County.
Source: HUD USER FY2026 Fair Market Rent area records and Census ACS 2019–2023 median gross rent.
NM FMR scale context
These are the closest FY2026 2-BR FMR values in NM; they help place this HUD reference on its state scale, but do not substitute for each metro’s ACS rent comparison.
- Albuquerque, NM MSA $1,464 (−$221)
- Farmington, NM MSA $1,085 (−$600)
- Las Cruces, NM MSA $1,042 (−$643)
Low-FMR contrast (scale only)
San Juan-Bayamón-Caguas, PR Metro Area ($663 2-BR); Erie County, OH HUD Metro FMR Area ($1,106 2-BR); Atascosa County, TX HUD Metro FMR Area ($1,098 2-BR); Bond County, IL HUD Metro FMR Area ($916 2-BR) . Opposite-quartile FMR metros for scale, not gap substitutes for Santa Fe, NM MSA.
Santa Fe, NM MSA gap inputs
- HUD 2-BR FMR (FY2026): $1,685/mo
- ACS 2019–2023 2-BR median: $1,425/mo
- Displayed gap: +18.3%
- National FMR percentile: 79 (#313/396)
displayed % = (HUD 2-BR − ACS 2-BR median) / ACS median × 100
Issuing PHAs for Santa Fe, NM MSA
NM HCV agencies (scale-keyed)
Full payment standards for Santa Fe, NM MSA · Payment standards vs FMR
Source: HUD USER Fair Market Rent FY2026, Census ACS median gross rent. Gap is PlainVoucher-derived. Methodology.
Disclaimer. For informational purposes only, not a substitute for PHA counseling or legal advice. Median gross rent reflects rents paid by current tenants; asking rents for available units typically run higher. Actual PHA payment standards can differ from HUD FMR by ±10%. Always confirm the current payment standard with your PHA. PlainVoucher is not affiliated with HUD or any PHA.