What HUD offices serve Columbus, 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.
Go to the New Mexico Public Housing and Low-Income Apartments Waiting Lists page for openings near Columbus.
How many renters live in Columbus, New Mexico?
The City of Columbus has 1,281 people living in 445 households.
There are 402 renters living in 195 renter households in this City. Renters make up 31.38 percent of the population living in Columbus.
What is the rental market like in Columbus, New Mexico?
There are an estimated 834 housing units in the Columbus area. Of these, 202 units are rental homes, making up 24 percent of the housing market. For every renter household in Columbus, New Mexico, there are 1 rental units.
What is the vacancy rate for rentals in Columbus?
The rental vacancy rate in Columbus is 3 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 Columbus for each bedroom size?
Occupied Rental Units by Size in Columbus
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 15 | 26 | 85 | 69 | 0 |
Occupied Rental Units by Size in Columbus
A large number of apartments in Columbus 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 Columbus are overburdened by housing costs?
Among renter households in this market, 39 percent have housing cost burden. Further, 6 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 Columbus
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $594 to $1,488. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $594 |
| One BR | $691 |
| Two BR | $877 |
| Three BR | $1,181 |
| Four BR | $1,488 |
2024 Fair Market Rents in Columbus, New Mexico
How many units are rented at Fair Market Rent (FMR) in Columbus?
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 | 15 | 100 percent |
| One BR | 26 | 100 percent |
| Two BR | 54 | 64 percent |
Rental Units Below FMR in Columbus, New Mexico
How many affordable rental units are in Columbus?
Income Based Apartments in Columbus, New Mexico
Columbus features 24 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 Columbus, New Mexico
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Columbus.
Housing Choice Vouchers in Columbus, New Mexico
On average, Section 8 Housing Choice vouchers pay Columbus landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Columbus.
The maximum amount a voucher would pay on behalf of a low-income tenant in Columbus, New Mexico for a two-bedroom apartment is between $789 and $965.
Sourced from federal housing data and AffordableHousingOnline.com research.
