What HUD offices serve Santa Clara, 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 Santa Clara.
How many renters live in Santa Clara, New Mexico?
The City of Santa Clara has 1,744 people living in 555 households.
There are 539 renters living in 175 renter households in this City. Renters make up 30.91 percent of the population living in Santa Clara.
What is the rental market like in Santa Clara, New Mexico?
There are an estimated 755 housing units in the Santa Clara area. Of these, 193 units are rental homes, making up 26 percent of the housing market. For every renter household in Santa Clara, New Mexico, there are 1 rental units.
What is the vacancy rate for rentals in Santa Clara?
The rental vacancy rate in Santa Clara is 9 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 Santa Clara for each bedroom size?
Occupied Rental Units by Size in Santa Clara
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 5 | 12 | 45 | 72 | 41 |
Occupied Rental Units by Size in Santa Clara
A large number of apartments in Santa Clara 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 Santa Clara are overburdened by housing costs?
Among renter households in this market, 46 percent have housing cost burden. Further, 27 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 Santa Clara
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $728 to $1,303. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $728 |
| One BR | $733 |
| Two BR | $877 |
| Three BR | $1,209 |
| Four BR | $1,303 |
2024 Fair Market Rents in Santa Clara, New Mexico
How many units are rented at Fair Market Rent (FMR) in Santa Clara?
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 | 5 | 100 percent |
| One BR | 12 | 100 percent |
| Two BR | 30 | 67 percent |
Rental Units Below FMR in Santa Clara, New Mexico
How many affordable rental units are in Santa Clara?
There are a variety of federal affordable housing programs serving households in Santa Clara, New Mexico including the following:
| Federal Program | Unit Count |
| Public Housing | 61 |
| USDA Section 515 Rural Rental Housing | 20 |
Tracked Units by Federal Program in Santa Clara, New Mexico
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Santa Clara, New Mexico
Santa Clara features 20 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 Santa Clara, New Mexico
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Santa Clara.
Housing Choice Vouchers in Santa Clara, New Mexico
On average, Section 8 Housing Choice vouchers pay Santa Clara landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Santa Clara.
The maximum amount a voucher would pay on behalf of a low-income tenant in Santa Clara, New Mexico for a two-bedroom apartment is between $789 and $965.
Sourced from federal housing data and AffordableHousingOnline.com research.
