Low Income Apartments and Affordable Housing For Rent in Rio Arriba County, NM

Discover affordable housing in Rio Arriba County where there are 7+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Villa Del Norte

737 La Joya Street NE, Espanola, New Mexico 87532

Santa Clara Apartments

816 E Chamisal St, Espanola, New Mexico 87532

Las Lomas Apartments

600 State Road 76, Espanola, New Mexico 87532

La Vista Del Rio Apartments

911 Avenida Canada, Espanola, New Mexico

Tsigo Bugeh Village

W Kennedy Subdivision, Ohkay Owingeh, New Mexico 87566

Espanola Ph

143A Roman Dr, Espanola, New Mexico 87532

737 La Joya Street

737 La Joya St, Espanola, New Mexico 87532

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Rio Arriba County, New Mexico
$16.61/hour
$4.61 (+38%) more than New Mexico minimum wage and $9.36 (+129%) more than the Federal minimum wage.
Learn More About Rio Arriba County, New Mexico Affordable Housing ↓

What HUD offices serve Rio Arriba County, New Mexico?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Rio Arriba County, New Mexico.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Veteran Affairs Supportive Housing (VASH) programs for Rio Arriba County, New Mexico.

Go to the New Mexico Public Housing and Low-Income Apartments Waiting Lists page for openings near Rio Arriba County.

How many renters live in Rio Arriba County, New Mexico?

The County of Rio Arriba County has 40,285 people living in 14,076 households.

There are 7,616 renters living in 2,974 renter households in this County. Renters make up 18.91 percent of the population living in Rio Arriba County.

What is the rental market like in Rio Arriba County, New Mexico?

There are an estimated 19,616 housing units in the Rio Arriba County area. Of these, 3,254 units are rental homes, making up 17 percent of the housing market. For every renter household in Rio Arriba County, New Mexico, there are 1 rental units.

What is the vacancy rate for rentals in Rio Arriba County?

The rental vacancy rate in Rio Arriba County is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Rio Arriba County for each bedroom size?

Occupied Rental Units by Size in Rio Arriba County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
45 333 922 1,516 149
Occupied Rental Units by Size in Rio Arriba County

A large number of apartments in Rio Arriba County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Rio Arriba County are overburdened by housing costs?

Among renter households in this market, 25 percent have housing cost burden. Further, 16 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Rio Arriba County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $666 to $1,168. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $666
One BR $670
Two BR $877
Three BR $1,060
Four BR $1,168
2024 Fair Market Rents in Rio Arriba County, New Mexico

How many units are rented at Fair Market Rent (FMR) in Rio Arriba County?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 24 53 percent
One BR 224 67 percent
Two BR 580 63 percent
Rental Units Below FMR in Rio Arriba County, New Mexico

How many affordable rental units are in Rio Arriba County?

There are a variety of federal affordable housing programs serving households in Rio Arriba County, New Mexico including the following:

Federal Program Unit Count
Public Housing 245
Section 8 Project-Based Rental Assistance 1
USDA Section 515 Rural Rental Housing 48
Tracked Units by Federal Program in Rio Arriba County, New Mexico

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Rio Arriba County, New Mexico

Rio Arriba County features 325 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Rio Arriba County, New Mexico

There are 190 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rio Arriba County.

Housing Choice Vouchers in Rio Arriba County, New Mexico

On average, Section 8 Housing Choice vouchers pay Rio Arriba County landlords $700 per month towards rent. The average voucher holder contributes $200 towards rent in Rio Arriba County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Rio Arriba County, New Mexico for a two-bedroom apartment is between $789 and $965.

Sourced from federal housing data and AffordableHousingOnline.com research.