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Affordable Housing In Bernalillo
Sandoval County, New Mexico

2 Low Income Apartment Communities In Bernalillo

800 Calle Los Mayores

800 Calle Los Mayores
Bernalillo, New Mexico

Villa Elena Apartments

201 Villa Elena Ln
Bernalillo, New Mexico
Subsidized
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Housing Authorities that serve Bernalillo

Housing Authority Programs
Northern Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Veteran Affairs Supportive Housing (VASH)

Guide To Affordable Housing in Bernalillo, New Mexico

There are 2 low income housing apartment communities offering 130 affordable apartments for rent in Bernalillo, New Mexico.

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 $846 and $1,034.

2021 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 $621 $770 $940 $1,345 $1,617
Bernalillo, New Mexico Payment Standard Range $559 to $683 $693 to $847 $846 to $1,034 $1,211 to $1,480 $1,455 to $1,779

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 $69,100

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.
$14,550 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
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.
$24,200 $27,650 $31,100 $34,550 $37,350 $40,100 $42,850 $45,650
80% AMI Income Limits
Renters earning up to 80% of the Bernalillo AMI may qualify for rental assistance programs that target Low Income households.
$38,750 $44,250 $49,800 $55,300 $59,750 $64,150 $68,600 $73,000