Cheap Apartments In Curry County
New Mexico

Townsgate Plaza Apartments

3205 Gidding St
Clovis, NM

Cheyenne Meadows

3416 Lore St
Clovis, NM

Clovis II Apartments

1000 N Dr Martin Luther King Jr Blvd
Clovis, NM

Cheyenne Trails Apartments

1504 Redcloud Pl
Clovis, NM

Gatewood Village Apartments

1312 W 14th St
Clovis, NM

There are 16 low income housing apartment complexes which contain 544 affordable apartments for rent in Curry County, New Mexico. Many of these rental apartments are income based housing with about 358 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 112 Project-Based Section 8 subsidized apartments in Curry County. There are 236 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Housing Authorities that serve Curry County

The Eastern Regional Housing Authority is a Section 8 and Public Housing public housing agency in Roswell, New Mexico.

Other Housing Authorities located in Curry County

The Clovis Housing and Redevelopment Agency is a Section 8 and Public Housing public housing agency in Clovis, New Mexico.

Understanding Affordable Housing in Curry County, New Mexico

Curry County, NM Affordable Housing Snapshot

Total Affordable Apartment Properties16
Total Low Income Apartments544
Total Rent Assisted Apartments358
Percentage of Housing Units Occupied By Renters41.63%
Average Renter Household Size2.72
Total Population50,497
Housing Units18,162
Average Household Size2.72
Median Household Income$41,084 ±$2,099
Median Rent$786 ±$39
Percentage Of Renters Overburdened47.28% ± 4.86pp

Population and Household Demographics

Curry County is a County in New Mexico with a population of 50,497. There are 18,162 households in the county with an average household size of 2.72 persons. 41.63% of households in Curry County are renters.

Income and Rent Overburden in Curry County

The median gross income for households in Curry County is $41,084 a year, or $3,424 a month. The median rent for the county is $786 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Curry County, a household making less than $2,620 a month would be considered overburdened when renting an apartment at or above the median rent.47.28% of households who rent are overburdened in Curry County.1

Data derived from 2010 Census and 2015 5-Year American Community Survey. Learn More.
1 Margin of Error: ± 4.86 percentage points.

Area Median Income In Curry 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 Curry County, HUD calculates the Area Median Income for a family of four as $52,300

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 Curry 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 Curry County HUD Rental Assistance in Curry County

AMI Band1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person

You can identify apartment communities that participate in a program that provides rental assistance by looking for the tags in the apartment list above. View Apartments.

Low Income Housing Tax Credits in Curry County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 2002 to 2005, 4 low income apartment communities containing 137 rental apartments have been constructed and made affordable to low income persons in Curry County by the Low Income Housing Tax Credit Program.

You can identify apartment communities that participate in the program in Curry County by looking for the tag in the apartment list above. View Apartments.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Curry County

AMI Band1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Curry County is $29,040 a year, or $2,420 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,420 by 30% to get a maximum rent of $726 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMIStudio1 Bed2 Bed3 Bed4 Bed5 Bed
Fair Market Rents in Curry County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2018 Fair Market Rents
StudioOne BRTwo BRThree BRFour BR

Cities In Curry County

Select A City to View its Apartment Communities and Waiting Lists.

CityListingsServed By
Clovis13The HUD funded Public Housing Agency that serves Clovis is the Clovis Housing and Redevelopment Agency.
Cannon AFB0