Renting · Section 8
Data from November 2026
Renting in Torrance County, New Mexico
Torrance County has a HUD fair market rent of $1,384 a month for 2 bedrooms (Fiscal year 2027). Renter households here pay a typical rent of $872 a month (Average 2020–2024). Paying the fair market rent without going over 30% of income takes $26.62 an hour, full time.
Four numbers to start with
- Fair market rent, 2 bedrooms
- $1,384
- a month, HUD, Fiscal year 2027
- 8% more than in New Mexico
- Typical rent
- $872
- a month, Census, Average 2020–2024
- 18% less than in New Mexico
- Wage needed
- $26.62
- an hour, 2 bedrooms
- Or $55,360 a year, to spend no more than 30% of income on rent.
- Rent-burdened households
- 34%
- spend 30% or more of income on rent
- 32% less than in New Mexico
Only here
Renting in Torrance County: what sets it apart
What this place has that others do not, from public data, most unusual first.
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Torrance County has the 2nd smallest share of rent-burdened renters of the 27 counties in New Mexico with this figure (34%).
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Nearby, in Socorro County, the typical rent is $691: 21% less than in Torrance County ($872).
Sources: U.S. Census Bureau (Average 2020–2024).
Fair market rent
What HUD sets for each size
Every year HUD (the U.S. Department of Housing and Urban Development) publishes a Fair Market Rent (FMR) for each home size in Torrance County. It is used to work out how much a Section 8 voucher covers. The table shows what you need to earn to pay it without spending more than 30% of income.
The fair market rent covers rent plus basic utilities, except the phone. HUD generally sets it at the 40th percentile: 4 in 10 standard-quality homes rented recently cost less. 24 CFR §888.113(a)
| Size | Fair rent per month | Hourly wage | Income needed per year |
|---|---|---|---|
| Studio | $977 | $18.79 | $39,080 |
| 1 bedroom | $1,112 | $21.38 | $44,480 |
| 2 bedrooms | $1,384 | $26.62 | $55,360 |
| 3 bedrooms | $1,902 | $36.58 | $76,080 |
| 4 bedrooms | $2,242 | $43.12 | $89,680 |
HUD area: Albuquerque, NM MSA. Source: HUD, Fiscal year 2027
By ZIP code
The fair market rent for your ZIP code
HUD also publishes fair market rents by ZIP code (Small Area FMRs) for 11 ZIP codes in Torrance County (Fiscal year 2027). Type yours to see it.
For 2 bedrooms they run from $1,320 in 87016 to $1,520 in 87035. 2 ZIP codes are above the county's fair market rent ($1,384).
Where HUD designates these areas, or where the housing agency chooses to use them, the voucher is figured on the ZIP code's rent instead of the county's. Ask your agency which one it uses. 24 CFR §982.503(a)(1)
| 87016 | Albuquerque, NM | $910 | $1,070 | $1,320 | $1,840 | $2,160 |
|---|---|---|---|---|---|---|
| 87032 | Albuquerque, NM | $910 | $1,070 | $1,320 | $1,840 | $2,160 |
| 87035 | Albuquerque, NM | $1,140 | $1,260 | $1,520 | $1,910 | $2,160 |
| 87035 | Santa Fe, NM | $1,140 | $1,260 | $1,520 | $1,910 | $2,160 |
| 87036 | Albuquerque, NM | $910 | $1,070 | $1,320 | $1,840 | $2,160 |
| 87036 | Socorro County, NM | $910 | $1,070 | $1,320 | $1,840 | $2,160 |
| 87061 | Albuquerque, NM | $910 | $1,070 | $1,320 | $1,840 | $2,160 |
| 87063 | Albuquerque, NM | $910 | $1,070 | $1,320 | $1,840 | $2,160 |
| 87070 | Albuquerque, NM | $910 | $1,070 | $1,320 | $1,840 | $2,160 |
| 88321 | Albuquerque, NM | $910 | $1,070 | $1,320 | $1,840 | $2,160 |
| 88321 | Guadalupe County, NM | $910 | $1,070 | $1,320 | $1,840 | $2,160 |
- 87016 · Albuquerque, NM $1,320$1,840
- 87032 · Albuquerque, NM $1,320$1,840
- 87035 · Albuquerque, NM $1,520$1,910
- 87035 · Santa Fe, NM $1,520$1,910
- 87036 · Albuquerque, NM $1,320$1,840
- 87036 · Socorro County, NM $1,320$1,840
- 87061 · Albuquerque, NM $1,320$1,840
- 87063 · Albuquerque, NM $1,320$1,840
- 87070 · Albuquerque, NM $1,320$1,840
- 88321 · Albuquerque, NM $1,320$1,840
- 88321 · Guadalupe County, NM $1,320$1,840
Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) (external site)
Rent burden
How many households spend too much
HUD counts rent as a burden when it reaches 30% of income or more. In Torrance County, 34% of renter households are in that position; in New Mexico, 50%, and nationwide, 51% (Average 2020–2024, Census).
Paying too much rent leaves little for food, transportation and savings. If that is you, the agencies below can guide you for free.
34%
of renter households spend 30% or more of their income on rent.
1,105 households rent in Torrance County
- spend 30% or more of income on rent 34%
- Spend less than 30% 66%
Compared with the state and the country
- Torrance 34%
- New Mexico 50%
- United States 51%
Low-income apartments
Low-income apartments in Torrance County
HUD lists no low-income apartments with an address in Torrance County. HUD's map shows the ones nearby. Search HUD's map
Source: HUD, retrieved November 6, 2026. LIHTC database, updated May 14, 2025; Assisted multifamily properties, updated October 23, 2026; Public housing developments, updated October 23, 2026.
Section 8
The Section 8 voucher in Torrance County
The Housing Choice Voucher (Section 8) pays part of your rent on a home you choose. A public housing agency runs it. HUD lists none with an office in Torrance County; the state's agencies can help you. Here is what the rules say:
The rules, with their source
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You apply at the public housing agency. If you qualify, your name usually goes on a waiting list. Applicants must be U.S. citizens or noncitizens with eligible status as HUD defines it. Source: HUD
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Generally, your family must have very low income: no more than 50% of the area median income, by family size (the middle column of the table). Source: 24 CFR §5.603, §982.201(b)
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Each year, at least 75% of the families an agency admits from its list must have extremely low income (the 30% column). Source: 24 CFR §982.201(b)(2)
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If the rent is below the payment standard, the family generally pays 30% of its adjusted monthly income. If it is above, the family pays more. Source: 24 CFR §982.1(a)(3)
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When you move in, if the rent is above the payment standard, your share cannot go over 40% of your adjusted monthly income. Source: 24 CFR §982.508
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Each agency sets a payment standard for each size. Without asking HUD, it can go from 90% to 110% of the fair market rent. Source: 24 CFR §982.503(b), (c)
| People | Extremely low (30%) | Very low (50%) | Low |
|---|---|---|---|
| 1 person | $21,100 | $35,150 | $56,250 |
| 2 people | $24,100 | $40,200 | $64,250 |
| 3 people | $27,320 | $45,200 | $72,300 |
| 4 people | $33,000 | $50,200 | $80,300 |
| 5 people | $38,680 | $54,250 | $86,750 |
| 6 people | $44,360 | $58,250 | $93,150 |
| 7 people | $50,040 | $62,250 | $99,600 |
| 8 people | $55,720 | $66,300 | $106,000 |
Area median income: $100,400. HUD income limits by family size, Fiscal year 2026. Area: Albuquerque, NM MSA. Source: HUD, Fiscal year 2026
Possible payment standard
- Studio $879 – $1,075
- 1 bedroom $1,001 – $1,223
- 2 bedrooms $1,246 – $1,522
- 3 bedrooms $1,712 – $2,092
- 4 bedrooms $2,018 – $2,466
The range the rule allows: 90% to 110% of the county's fair market rent. Your agency publishes its own.
Housing agencies that serve this place
HUD lists no housing agency with an office in Torrance County. You can apply at another agency in your state: you do not have to live where you apply. Source: HUD
Your rights as a tenant in New Mexico
What New Mexico law says about deposits, notices and eviction, with the citation for each rule.
See your rights, rule by ruleCompare these rules with other states →
A summary of state law, not legal advice. Cities may have additional rules.
- If I fall behind on rent, what notice must I get?
- 3 days
- NMSA 1978, §47-8-33(D)
- How much notice ends a month-to-month rental?
- 30 days
- NMSA 1978, §47-8-37(A)-(B)
- Only a court order can remove youNMSA 1978, §47-8-36; §47-8-33
Help
Where to get help with rent in Torrance County
These are the nearest HUD-approved agencies. They counsel for free or at low cost.
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Tiwa Lending Services
117A Tribal Road 40, Isleta · 52 miles away
- Mortgage delinquency and default
- Budget and financial counseling
- and 6 more
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Southwest Neighborhood Housing Services, Inc.
6301 4th St NW Ste 5, Los Ranchos · 59 miles away
- Mortgage delinquency and default
- Mortgage delinquency workshops
- and 7 more
Tool
How much cash do you need to move in?
It starts with the 2-bedroom fair market rent in Torrance County. Change the rent, the deposit and the fees to yours: the numbers stay in your browser.
Count power on top of the rent: in New Mexico, the average home bill was $93 a month in 2024 (EIA). See electricity and gas costs
Your move
We use the place's fair market rent and the state's deposit rule.
Adjust advanced details
Let's do the math
Cash to move in
$2,768
What you need before you get the keys.
What adds up
- First month
- $1,384
- Security deposit
- $1,384
- Total
- $2,768
When you'll have it
Enter what you can set aside each month to see how long it takes.
What helps
- Ask for a receipt for every payment and keep a copy of the lease.
- On move-in day, walk through the home and take dated photos.
- Never send money for a home you haven't seen or a lease you haven't read.
This is a planning estimate, not a price. What you are asked for depends on the landlord, your lease and your state's and city's rules. It is not legal advice.
Frequently asked questions
What is the fair market rent in Torrance County?
According to HUD (Fiscal year 2027): Studio: $977; 1 bedroom: $1,112; 2 bedrooms: $1,384; 3 bedrooms: $1,902; 4 bedrooms: $2,242. It covers rent plus basic utilities, except the phone.
How much do you need to earn to rent in Torrance County?
Paying the 2-bedroom fair market rent ($1,384) without spending more than 30% of income takes $26.62 an hour full time, or $55,360 a year.
Who qualifies for Section 8 in Torrance County?
Generally, families with very low income: no more than 50% of the area median income. For 4 people, HUD's limit here is $50,200 a year (Fiscal year 2026). The family usually pays 30% of its adjusted monthly income. You apply at the housing agency.
How much does Section 8 pay in Torrance County?
The voucher pays up to your housing agency's payment standard, minus your share. The rule lets the agency set it between 90% and 110% of the fair market rent: for 2 bedrooms here, between $1,246 and $1,522 a month. Your agency publishes its figure.
Does the fair market rent change by ZIP code in Torrance County?
For 2 bedrooms they run from $1,320 in 87016 to $1,520 in 87035. Where HUD designates these areas, or where the housing agency chooses to use them, the voucher is figured on the ZIP code's rent instead of the county's. Ask your agency which one it uses.
How many households spend too much on rent in Torrance County?
HUD counts rent as a burden when it reaches 30% of income or more. In Torrance County, 34% of renter households are in that position; in New Mexico, 50%, and nationwide, 51% (Average 2020–2024, Census).