Low Income Apartments and Affordable Housing For Rent in Bernalillo County, NM

Discover affordable housing in Bernalillo County where there are 103+ 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.

Solar Villas

1135 Texas St NE, Albuquerque, New Mexico 87110

bed 1

Nuevo Atrisco

201 Unser Blvd NW, Albuquerque, New Mexico 87121

bed Studio-3

Casa Feliz Apartments

443 Espanola Street Southeast, Albuquerque, New Mexico 87108

bed Studio-3
payment $641-670/mo.

Cuatro Apartments

1319 4Th St , Albuquerque, New Mexico 87102

bed Studio-2

Sun Pointe Park Apartments

4057 Montgomery Blvd NE, Albuquerque, New Mexico 87109

bed 2-3

Luminaria Senior Community

10600 Central Ave SE, Albuquerque, New Mexico 87123

bed 1-2

Montgomery Manor Apartments

4301 Morris St NE, Albuquerque, New Mexico 87111

Westwood Village Apartments

901 68th St NW, Albuquerque, New Mexico 87121

The Commons at Martineztown

320 Roma Ave NE, Albuquerque, New Mexico 87109

Sterling Downtown

800 Silver Ave SW, Albuquerque, New Mexico 87102

bed 1-2

La Vida Nueva Apartments

1200 Dickerson Dr SE, Albuquerque, New Mexico 87106

bed Studio-3

Valle De Atrisco Apartments

9901 Ceja Vista Rd SW, Albuquerque, New Mexico 87121

bed 1-3
payment $737-1019/mo.

Madera Crossing

1751 Bellamah Ave , Albuquerque, New Mexico 87104

Plaza Feliz

509 San Pablo St SE, Albuquerque, New Mexico 87108

bed 2-3

Gene Gilbert Manor

1001 Valencia Dr SE, Albuquerque, New Mexico 87108

Ahepa 501 Apartments

6800 Los Volcanes Rd NW, Albuquerque, New Mexico 87121

Saint Anthonys Plaza Apartments

1750 Indian School Rd NW, Albuquerque, New Mexico 87104

Villa Esperanza

3901 Lafayette Dr NE, Albuquerque, New Mexico 87107

Ranchitos Village Apartments

6811 Ranchitos Rd NE, Albuquerque, New Mexico 87109

Vern Jolly House Apartments

1600 Boatright Dr NE, Albuquerque, New Mexico 87112

auto_awesome Focus Results:
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible
accessible_forward Disability

How To Identify Affordable Housing in Bernalillo County, New Mexico

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
calendar_today Opened: Aug 18
Open Until Further Notice

Reported On August 10th, 2023 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bernalillo County, New Mexico
$11.14 (+93%) more than New Mexico minimum wage and $15.89 (+219%) more than the Federal minimum wage.
Learn More About Bernalillo County, New Mexico Affordable Housing ↓

What HUD offices serve Bernalillo County, 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), Family Unification Program (FUP) programs for Bernalillo County, New Mexico.

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

How many renters live in Bernalillo County, New Mexico?

The County of Bernalillo County has people living in households.

There are renters living in renter households in this County. Renters make up 28.96 percent of the population living in Bernalillo County.

What is the rental market like in Bernalillo County, New Mexico?

There are an estimated housing units in the Bernalillo County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Bernalillo County, New Mexico, there are 1.06 rental units.

What is the vacancy rate for rentals in Bernalillo County?

The rental vacancy rate in Bernalillo County is 5 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 Bernalillo County for each bedroom size?

Occupied Rental Units by Size in Bernalillo County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
7,434 27,277 37,118 20,766 3,971
Occupied Rental Units by Size in Bernalillo County

A large number of apartments in Bernalillo County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Bernalillo County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $828 to $2,064. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $828
One BR $1,005
Two BR $1,222
Three BR $1,722
Four BR $2,064
2024 Fair Market Rents in Bernalillo County, New Mexico

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

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 3,590 48 percent
One BR 17,581 64 percent
Two BR 21,779 59 percent
Rental Units Below FMR in Bernalillo County, New Mexico

How many affordable rental units are in Bernalillo County?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Mod Rehab Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Bernalillo County, New Mexico

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

Income Based Apartments in Bernalillo County, New Mexico

Bernalillo County features 3,161 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 County, New Mexico

There are 7,227 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bernalillo County.

Housing Choice Vouchers in Bernalillo County, New Mexico

On average, Section 8 Housing Choice vouchers pay Bernalillo County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Bernalillo County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bernalillo County, New Mexico for a two-bedroom apartment is between $1,100 and $1,344.

Sourced from federal housing data and AffordableHousingOnline.com research.