Low Income Apartments and Affordable Housing For Rent in Alamogordo, NM

Discover affordable housing in Alamogordo where there are 5+ 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.

Cottonwood Commons

1200 Jefferson Ave, Alamogordo, New Mexico 88310

Azotea Senior Apartments Homes

2400 1st St, Alamogordo, New Mexico 88310

Otero Village Apartments

2553 1st St, Alamogordo, New Mexico 88310

Plaza Hacienda Homes

900 7th St, Alamogordo, New Mexico 88310

First Street and Scenic Blvd

First St and Scenic Blvd, Alamogordo, New Mexico 88310

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Alamogordo, 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 Alamogordo, New Mexico Affordable Housing ↓

What HUD offices serve Alamogordo, 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 Public Housing programs for Alamogordo, New Mexico.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Alamogordo, New Mexico.

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

How many renters live in Alamogordo, New Mexico?

The City of Alamogordo has 30,996 people living in 13,022 households.

There are 11,702 renters living in 5,174 renter households in this City. Renters make up 37.75 percent of the population living in Alamogordo.

What is the rental market like in Alamogordo, New Mexico?

There are an estimated 15,153 housing units in the Alamogordo area. Of these, 5,772 units are rental homes, making up 38 percent of the housing market. For every renter household in Alamogordo, New Mexico, there are 1 rental units.

What is the vacancy rate for rentals in Alamogordo?

The rental vacancy rate in Alamogordo is 8 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Alamogordo for each bedroom size?

Occupied Rental Units by Size in Alamogordo
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
172 760 1,887 1,880 475
Occupied Rental Units by Size in Alamogordo

A large number of apartments in Alamogordo 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 Alamogordo are overburdened by housing costs?

Among renter households in this market, 43 percent have housing cost burden. Further, 18 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 Alamogordo

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $609 to $1,488. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $609
One BR $722
Two BR $877
Three BR $1,236
Four BR $1,488
2024 Fair Market Rents in Alamogordo, New Mexico

How many units are rented at Fair Market Rent (FMR) in Alamogordo?

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 104 60 percent
One BR 432 57 percent
Two BR 1,153 61 percent
Rental Units Below FMR in Alamogordo, New Mexico

How many affordable rental units are in Alamogordo?

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

Federal Program Unit Count
Low Income Housing Tax Credit 56
Public Housing 221
Tracked Units by Federal Program in Alamogordo, New Mexico

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

Income Based Apartments in Alamogordo, New Mexico

Alamogordo features 221 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 Alamogordo, New Mexico

There are 200 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Alamogordo.

Housing Choice Vouchers in Alamogordo, New Mexico

On average, Section 8 Housing Choice vouchers pay Alamogordo landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Alamogordo.

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

Sourced from federal housing data and AffordableHousingOnline.com research.