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

Discover affordable housing in Colfax County where there are 7+ 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.

Dona Anna Apartments

1450 State St, Raton, New Mexico 87740

Sommerset Apts

1229 State Street, Raton, New Mexico

Angel Skye

3381 Mountain View Blvd, Angel Fire, New Mexico

Operation Breakthrough

745 Maxwell Blvd, Cimarron, New Mexico 87714

Operation Breakthrough

313 N 4th St, Raton, New Mexico 87740

Operation Breakthrough

601 El Paso Ave, Springer, New Mexico 0

522 Parque Ave

522 Parque Ave, Maxwell, New Mexico 0

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Colfax County, New Mexico
$4.61 (+38%) more than New Mexico minimum wage and $9.36 (+129%) more than the Federal minimum wage.
Learn More About Colfax County, New Mexico Affordable Housing ↓

What HUD offices serve Colfax 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) programs for Colfax County, New Mexico.

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

How many renters live in Colfax County, New Mexico?

The County of Colfax County has 12,370 people living in 5,549 households.

There are 3,397 renters living in 1,570 renter households in this County. Renters make up 27.46 percent of the population living in Colfax County.

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

There are an estimated 9,554 housing units in the Colfax County area. Of these, 1,759 units are rental homes, making up 18 percent of the housing market. For every renter household in Colfax County, New Mexico, there are 1 rental units.

What is the vacancy rate for rentals in Colfax County?

The rental vacancy rate in Colfax County is 10 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Colfax County for each bedroom size?

Occupied Rental Units by Size in Colfax County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
31 323 550 534 122
Occupied Rental Units by Size in Colfax County

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

How many renter households in Colfax County are overburdened by housing costs?

Among renter households in this market, 36 percent have housing cost burden. Further, 13 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Colfax County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $760 to $1,372. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $760
One BR $781
Two BR $877
Three BR $1,158
Four BR $1,372
2024 Fair Market Rents in Colfax County, New Mexico

How many units are rented at Fair Market Rent (FMR) in Colfax 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 31 100 percent
One BR 265 82 percent
Two BR 406 74 percent
Rental Units Below FMR in Colfax County, New Mexico

How many affordable rental units are in Colfax County?

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

Federal Program Unit Count
Public Housing 250
USDA Section 515 Rural Rental Housing 109
Tracked Units by Federal Program in Colfax County, New Mexico

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

Income Based Apartments in Colfax County, New Mexico

Colfax County features 359 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 Colfax County, New Mexico

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

Housing Choice Vouchers in Colfax County, New Mexico

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Colfax County, New Mexico for a two-bedroom apartment is between $789 and $965.

Sourced from federal housing data and AffordableHousingOnline.com research.