Affordable Housing In Bernalillo County
New Mexico
89 Low Income Apartment Communities In Bernalillo County
Redlands Apartments
Albuquerque Silvercrest Residences
Ahepa 501 IIi Apartments
New Life Homes 5
Edward Romero Terrace
Encino Terrace
Encino Gardens
Housing Authorities that serve Bernalillo County
| Housing Authority | Programs |
|---|---|
| Bernalillo County Housing Department | Section 8 Housing Choice Voucher (HCV); Public Housing |
| Albuquerque Housing Authority | Section 8 Housing Choice Voucher (HCV); Public Housing; Section 8 Project-Based Voucher (PBV); Rental Assistance Demonstration (RAD) |
Guide To Affordable Housing in Bernalillo County, New Mexico
There are 89 low income housing apartment communities offering 95,871 affordable apartments for rent in Bernalillo County, New Mexico.
Income Based Apartments in Bernalillo County, New Mexico
Bernalillo County features 2,987 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 92,884 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 $789 and $965.
2020 Bernalillo County, 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 | |
|---|---|---|---|---|---|
| Fair Market Rent | $571 | $713 | $877 | $1,265 | $1,506 |
| Payment Standard Range | $514 to $628 | $642 to $784 | $789 to $965 | $1,139 to $1,392 | $1,355 to $1,657 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Bernalillo County, NM Affordable Housing Snapshot
| Total Affordable Apartment Properties | 89 |
|---|---|
| Total Low Income Apartments | 95,871 |
| Total Housing Units with Rental Assistance | 2,987 |
| Percentage of Housing Units Occupied By Renters | 37.77% |
| Average Renter Household Size | 2.37 |
| Average Household Size | 2.52 |
| Median Household Income | $47,725 ±$789 |
| Median Rent | $799 ±$10 |
| Percentage Of Renters Overburdened | 49.69% ± 1.35pp |
| Total Population | 673,943 |
Population and Household Demographics
Bernalillo County is a county in New Mexico with a population of 673,943. There are 263,270 households in the county with an average household size of 2.52 persons. 37.77% of households in Bernalillo County are renters.
Income and Rent Overburden in Bernalillo County
The median gross income for households in Bernalillo County is $47,725 a year, or $3,977 a month. The median rent for the county is $799 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bernalillo County, a household making less than $2,663 a month would be considered overburdened when renting an apartment at or above the median rent. 49.69% of households who rent are overburdened in Bernalillo County.
Area Median Income In Bernalillo County
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.
In Bernalillo County, 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 County
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 County
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% of Median | $14,550 | $17,240 | $21,720 | $26,200 | $30,680 | $35,160 | $39,640 | $44,120 |
| 50% of Median | $24,200 | $27,650 | $31,100 | $34,550 | $37,350 | $40,100 | $42,850 | $45,650 |
| 80% of Median | $38,750 | $44,250 | $49,800 | $55,300 | $59,750 | $64,150 | $68,600 | $73,000 |
Cities In Bernalillo County
Select A City to View its Apartment Communities and Waiting Lists.
| City | Served By |
|---|---|
| Albuquerque | The HUD funded Public Housing Agencies that serve Albuquerque are the Albuquerque Housing Authority and Bernalillo County Housing Department. |
| Carnuel | The HUD funded Public Housing Agencies that serve Carnuel are the Bernalillo County Housing Department and Albuquerque Housing Authority. |
| Cedar Crest | The HUD funded Public Housing Agencies that serve Cedar Crest are the Bernalillo County Housing Department and Albuquerque Housing Authority. |
| Cedro | The HUD funded Public Housing Agencies that serve Cedro are the Bernalillo County Housing Department and Albuquerque Housing Authority. |
| Chilili | The HUD funded Public Housing Agencies that serve Chilili are the Bernalillo County Housing Department and Albuquerque Housing Authority. |
| Edgewood | The HUD funded Public Housing Agencies that serve Edgewood are the Bernalillo County Housing Department and Albuquerque Housing Authority. |
| Edith Endave | The HUD funded Public Housing Agencies that serve Edith Endave are the Bernalillo County Housing Department and Albuquerque Housing Authority. |
| Isleta Village Proper | The HUD funded Public Housing Agencies that serve Isleta Village Proper are the Bernalillo County Housing Department and Albuquerque Housing Authority. |
| Los Ranchos | The HUD funded Public Housing Agencies that serve Los Ranchos are the Bernalillo County Housing Department and Albuquerque Housing Authority. |
| Los Ranchos de Albuquerque | The HUD funded Public Housing Agencies that serve Los Ranchos de Albuquerque are the Bernalillo County Housing Department and Albuquerque Housing Authority. |
| Manzano Springs | The HUD funded Public Housing Agencies that serve Manzano Springs are the Bernalillo County Housing Department and Albuquerque Housing Authority. |
| North Valley | The HUD funded Public Housing Agencies that serve North Valley are the Bernalillo County Housing Department and Albuquerque Housing Authority. |
| Pajarito Mesa | The HUD funded Public Housing Agencies that serve Pajarito Mesa are the Bernalillo County Housing Department and Albuquerque Housing Authority. |
| Paradise Hills | The HUD funded Public Housing Agencies that serve Paradise Hills are the Bernalillo County Housing Department and Albuquerque Housing Authority. |
| Ponderosa Pine | The HUD funded Public Housing Agencies that serve Ponderosa Pine are the Bernalillo County Housing Department and Albuquerque Housing Authority. |
| Rio Rancho | The HUD funded Public Housing Agencies that serve Rio Rancho are the Bernalillo County Housing Department and Albuquerque Housing Authority. |
| San Antonito | The HUD funded Public Housing Agencies that serve San Antonito are the Bernalillo County Housing Department and Albuquerque Housing Authority. |
| Sandia Heights | The HUD funded Public Housing Agencies that serve Sandia Heights are the Bernalillo County Housing Department and Albuquerque Housing Authority. |
| Sandia Knolls | The HUD funded Public Housing Agencies that serve Sandia Knolls are the Bernalillo County Housing Department and Albuquerque Housing Authority. |
| Sandia Park | The HUD funded Public Housing Agencies that serve Sandia Park are the Bernalillo County Housing Department and Albuquerque Housing Authority. |
| Sedillo | The HUD funded Public Housing Agencies that serve Sedillo are the Bernalillo County Housing Department and Albuquerque Housing Authority. |
| South Valley | The HUD funded Public Housing Agencies that serve South Valley are the Bernalillo County Housing Department and Albuquerque Housing Authority. |
| Tijeras | The HUD funded Public Housing Agencies that serve Tijeras are the Bernalillo County Housing Department and Albuquerque Housing Authority. |
