. Low Income Apartments For Rent in Bernalillo, New Mexico - Affordable Housing Online

Apply to Bernalillo Apartment Waiting Lists

Villa Elena Apartments

201 Villa Elena Ln
Bernalillo, New Mexico
Rent Assisted
S. 515 Rural

800 Calle Los Mayores

800 Calle Los Mayores
Bernalillo, New Mexico
Public Housing
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There are 0 low-income apartments in Bernalillo that offer reduced rents to eligible households.

Rental assistance programs support 130 low-income homes in Bernalillo where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $280 towards rent each month.

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Bernalillo, 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.

Housing Authority Programs
Northern Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Veteran Affairs Supportive Housing (VASH)
Go to the New Mexico Public Housing and Low-Income Apartments Waiting Lists page for openings near Bernalillo.

Bernalillo, New Mexico Affordable Housing Data

Income Based Apartments in Bernalillo, New Mexico

Bernalillo features 130 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 Bernalillo, New Mexico

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

Housing Choice Vouchers in Bernalillo, New Mexico

On average, Section 8 Housing Choice vouchers pay Bernalillo landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Bernalillo.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bernalillo, New Mexico for a two-bedroom apartment is between $1,030 and $1,258.

2023 Bernalillo, New Mexico Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Bernalillo, New Mexico Fair Market Rent $765 $942 $1,144 $1,626 $1,949
Bernalillo, New Mexico Payment Standard Range $689 to $842 $848 to $1,036 $1,030 to $1,258 $1,463 to $1,789 $1,754 to $2,144

Sourced from federal housing data and AffordableHousingOnline.com research.

Bernalillo, NM Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 130
Total Housing Units with Rental Assistance 130
Percentage of Housing Units Occupied By Renters 25.39%
Average Renter Household Size 2.51
Average Household Size 2.61
Median Household Income $42,775 ±$6,852
Median Rent $688 ±$74
Percentage Of Renters Overburdened 37.33% ± 8.84pp
Total Population 8,522

Population and Household Demographics

Bernalillo is a city in Sandoval County, New Mexico with a population of 8,522. There are 3,123 households in the city with an average household size of 2.61 persons. 25.39% of households in Bernalillo are renters.

Income and Rent Overburden in Bernalillo

The median gross income for households in Bernalillo is $42,775 a year, or $3,565 a month. The median rent for the city is $688 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bernalillo, a household making less than $2,293 a month would be considered overburdened when renting an apartment at or above the median rent. 37.33% of households who rent are overburdened in Bernalillo.

Area Median Income In Bernalillo

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Bernalillo, the AMI is calculated from all households within Sandoval County.

In Bernalillo, HUD calculates the Area Median Income for a family of four as $86,500

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Bernalillo

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Bernalillo

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Bernalillo AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,800 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Bernalillo AMI may qualify for rental assistance programs that target Very Low Income households.
$28,000 $32,000 $36,000 $39,950 $43,150 $46,350 $49,550 $52,750
80% AMI Income Limits
Renters earning up to 80% of the Bernalillo AMI may qualify for rental assistance programs that target Low Income households.
$44,750 $51,150 $57,550 $63,900 $69,050 $74,150 $79,250 $84,350