Low Income Apartments and Affordable Housing For Rent in Angel Fire, NM

Discover affordable housing in Angel Fire where there are 1+ 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.

Angel Skye

3381 Mountain View Blvd, Angel Fire, New Mexico

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

What HUD offices serve Angel Fire, 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, Veteran Affairs Supportive Housing (VASH) programs for Angel Fire, New Mexico.

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

How many renters live in Angel Fire, New Mexico?

The City of Angel Fire has 963 people living in 369 households.

There are 233 renters living in 65 renter households in this City. Renters make up 24.2 percent of the population living in Angel Fire.

What is the rental market like in Angel Fire, New Mexico?

There are an estimated 2,392 housing units in the Angel Fire area. Of these, 169 units are rental homes, making up 7 percent of the housing market. For every renter household in Angel Fire, New Mexico, there are 3 rental units.

What is the vacancy rate for rentals in Angel Fire?

The rental vacancy rate in Angel Fire is 62 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 Angel Fire for each bedroom size?

Occupied Rental Units by Size in Angel Fire
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 10 33 22 0
Occupied Rental Units by Size in Angel Fire

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

Among renter households in this market, 38 percent have housing cost burden. Further, 38 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 Angel Fire

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $760 to $1,372. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $760
One BR $781
Two BR $877
Three BR $1,158
Four BR $1,372
2024 Fair Market Rents in Angel Fire, New Mexico

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

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
One BR 6 60 percent
Two BR 8 24 percent
Rental Units Below FMR in Angel Fire, New Mexico

How many affordable rental units are in Angel Fire?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Angel Fire, New Mexico

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

Income Based Apartments in Angel Fire, New Mexico

Angel Fire 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 Angel Fire, New Mexico

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Angel Fire.

Housing Choice Vouchers in Angel Fire, New Mexico

On average, Section 8 Housing Choice vouchers pay Angel Fire landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Angel Fire.

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

Sourced from federal housing data and AffordableHousingOnline.com research.