. Low Income Apartments For Rent in Cuba, New Mexico - Affordable Housing Online

Apply to Cuba Apartment Waiting Lists

Q U Max Apartments

47 Miera
Cuba, New Mexico
Rent Assisted
S. 515 Rural

Steve Gurule

02 Rainbow Loop
Cuba, New Mexico
Public Housing
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There are 0 low-income apartments in Cuba that offer reduced rents to eligible households.

Rental assistance programs support 60 low-income homes in Cuba where households pay rent based on how much they earn.

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Cuba, 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
Housing Authority of the Village of Cuba Section 8 Housing Choice Voucher (HCV); Public Housing
Northern Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Veteran Affairs Supportive Housing (VASH)
Go to the New Mexico Public Housing and Low-Income Apartments Waiting Lists page for openings near Cuba.

Cuba, New Mexico Affordable Housing Data

Income Based Apartments in Cuba, New Mexico

Cuba features 60 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 Cuba, New Mexico

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

Housing Choice Vouchers in Cuba, New Mexico

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Cuba, New Mexico for a two-bedroom apartment is between $1,030 and $1,258.

2023 Cuba, 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
Cuba, New Mexico Fair Market Rent $765 $942 $1,144 $1,626 $1,949
Cuba, New Mexico Payment Standard Range $689 to $842 $848 to $1,036 $1,030 to $1,258 $1,463 to $1,789 $1,754 to $2,144

Sourced from federal housing data and AffordableHousingOnline.com research.

Cuba, NM Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 60
Total Housing Units with Rental Assistance 60
Percentage of Housing Units Occupied By Renters 31.41%
Average Renter Household Size 3.49
Average Household Size 2.62
Median Household Income $38,594 ±$18,138
Median Rent $518 ±$97
Percentage Of Renters Overburdened 33.33% ± 22.45pp
Total Population 725

Population and Household Demographics

Cuba is a city in Sandoval County, New Mexico with a population of 725. There are 277 households in the city with an average household size of 2.62 persons. 31.41% of households in Cuba are renters.

Income and Rent Overburden in Cuba

The median gross income for households in Cuba is $38,594 a year, or $3,216 a month. The median rent for the city is $518 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Cuba, a household making less than $1,727 a month would be considered overburdened when renting an apartment at or above the median rent. 33.33% of households who rent are overburdened in Cuba.

Area Median Income In Cuba

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 Cuba, the AMI is calculated from all households within Sandoval County.

In Cuba, HUD calculates the Area Median Income for a family of four as $86,500

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 Cuba

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 Cuba

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 Cuba AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,800 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Cuba AMI may qualify for rental assistance programs that target Very Low Income households.
$28,000 $32,000 $36,000 $39,950 $43,150 $46,350 $49,550 $52,750
80% AMI Income Limits
Renters earning up to 80% of the Cuba AMI may qualify for rental assistance programs that target Low Income households.
$44,750 $51,150 $57,550 $63,900 $69,050 $74,150 $79,250 $84,350