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

Discover affordable housing in Cimarron 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.

Operation Breakthrough

745 Maxwell Blvd, Cimarron, New Mexico 87714

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

What HUD offices serve Cimarron, 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 Cimarron, New Mexico.

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

How many renters live in Cimarron, New Mexico?

The City of Cimarron has 816 people living in 419 households.

There are 258 renters living in 153 renter households in this City. Renters make up 31.62 percent of the population living in Cimarron.

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

There are an estimated 547 housing units in the Cimarron area. Of these, 153 units are rental homes, making up 28 percent of the housing market. For every renter household in Cimarron, New Mexico, there are 1 rental units.

What is the vacancy rate for rentals in Cimarron?

The rental vacancy rate in Cimarron is 0 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 Cimarron for each bedroom size?

Occupied Rental Units by Size in Cimarron
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 12 61 80 0
Occupied Rental Units by Size in Cimarron

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

Among renter households in this market, 33 percent have housing cost burden. Further, 5 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 Cimarron

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 Cimarron, New Mexico

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

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 12 100 percent
Two BR 61 100 percent
Rental Units Below FMR in Cimarron, New Mexico

How many affordable rental units are in Cimarron?

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

Federal Program Unit Count
Public Housing 16
Tracked Units by Federal Program in Cimarron, New Mexico

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

Income Based Apartments in Cimarron, New Mexico

Cimarron features 16 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 Cimarron, New Mexico

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

Housing Choice Vouchers in Cimarron, New Mexico

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.