; Low Income Apartments For Rent in Carrizozo, NM

Casa Manana Apts

1101 Avenue D
Carrizozo, New Mexico
Rent Assisted
Showing Results 1-15
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There are 0 low-income apartments in Carrizozo that offer reduced rents to eligible households.

Rental assistance programs support 8 low-income homes in Carrizozo where households pay rent based on how much they earn.

Affordable rent data for some communities last confirmed on April 23rd, 2021. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Carrizozo, 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
Eastern Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the New Mexico Public Housing and Low-Income Apartments Waiting Lists page for openings near Carrizozo.

Carrizozo, New Mexico Affordable Housing Data

Income Based Apartments in Carrizozo, New Mexico

Carrizozo features 8 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 Carrizozo, New Mexico

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

Housing Choice Vouchers in Carrizozo, New Mexico

On average, Section 8 Housing Choice vouchers pay Carrizozo landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Carrizozo.

The maximum amount a voucher would pay on behalf of a low-income tenant in Carrizozo, New Mexico for a two-bedroom apartment is between $716 and $875.

2023 Carrizozo, 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
Carrizozo, New Mexico Fair Market Rent $582 $614 $795 $1,048 $1,354
Carrizozo, New Mexico Payment Standard Range $524 to $640 $553 to $675 $716 to $875 $943 to $1,153 $1,219 to $1,489

Sourced from federal housing data and AffordableHousingOnline.com research.

Carrizozo, NM Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 8
Total Housing Units with Rental Assistance 8
Percentage of Housing Units Occupied By Renters 12.85%
Average Renter Household Size 2.08
Average Household Size 2.04
Median Household Income $22,841 ±$6,573
Median Rent $618 ±$191
Percentage Of Renters Overburdened 18% ± 47.2pp
Total Population 934

Population and Household Demographics

Carrizozo is a city in Lincoln County, New Mexico with a population of 934. There are 389 households in the city with an average household size of 2.04 persons. 12.85% of households in Carrizozo are renters.

Income and Rent Overburden in Carrizozo

The median gross income for households in Carrizozo is $22,841 a year, or $1,903 a month. The median rent for the city is $618 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Carrizozo, a household making less than $2,060 a month would be considered overburdened when renting an apartment at or above the median rent. 18% of households who rent are overburdened in Carrizozo.

Area Median Income In Carrizozo

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 Carrizozo, the AMI is calculated from all households within Lincoln County.

In Carrizozo, HUD calculates the Area Median Income for a family of four as $68,100

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 Carrizozo

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 Carrizozo

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 Carrizozo AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $30,000 $35,140 $39,500 $42,250 $44,950
50% AMI Income Limits
Renters earning up to 50% of the Carrizozo AMI may qualify for rental assistance programs that target Very Low Income households.
$23,850 $27,250 $30,650 $34,050 $36,800 $39,500 $42,250 $44,950
80% AMI Income Limits
Renters earning up to 80% of the Carrizozo AMI may qualify for rental assistance programs that target Low Income households.
$38,150 $43,600 $49,050 $54,500 $58,900 $63,250 $67,600 $71,950