Low Income Apartments and Affordable Housing For Rent in Deming, NM

Discover affordable housing in Deming where there are 14+ 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.

GATEWAY ESTATES

1601 S LEAD ST, Deming, New Mexico 88030

La Palona Del Sol Apartments P

1400 E Birch St, Deming, New Mexico 88030

La Paloma Del Sol Ltd

601 S Santa Monica St, Deming, New Mexico 88030

Deming Manor Apartments

1000 S Zinc St, Deming, New Mexico 88030

Sierra Vista

878 N Iron St, Deming, New Mexico 88030

Rio Mimbres Apartments

400 W. Florida, Deming, New Mexico 88030

Desert Sun Apartments II

1101 8th St NW, Deming, New Mexico 88030

Mariposa Village

901 S Tennyson Dr, Deming, New Mexico 88030

Desert Sun Apartments

1201 8th St NW, Deming, New Mexico 88030

Retirement Planning Company Apartments

700 S Clark St, Deming, New Mexico 88030

Mountain View Estates Apartments

1101 S Shelly Dr, Deming, New Mexico 88030

Kingdom of the Sun Retirement Center Apartments

800 W Buckeye St, Deming, New Mexico 88030

Florida Village

601 W Florida St, Deming, New Mexico

S Tennyson and E Poplar

S Tennyson and E Poplar, Deming, New Mexico 88030

Open Until Further Notice

Reported On February 23rd, 2024 by Chris Madden

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Deming, New Mexico
$16.61/hour
$4.61 (+38%) more than New Mexico minimum wage and $9.36 (+129%) more than the Federal minimum wage.
Learn More About Deming, New Mexico Affordable Housing ↓

What HUD offices serve Deming, 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 programs for Deming, New Mexico.

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

How many renters live in Deming, New Mexico?

The City of Deming has 14,756 people living in 5,392 households.

There are 5,640 renters living in 2,067 renter households in this City. Renters make up 38.22 percent of the population living in Deming.

What is the rental market like in Deming, New Mexico?

There are an estimated 6,625 housing units in the Deming area. Of these, 2,332 units are rental homes, making up 35 percent of the housing market. For every renter household in Deming, New Mexico, there are 1 rental units.

What is the vacancy rate for rentals in Deming?

The rental vacancy rate in Deming is 4 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Deming for each bedroom size?

Occupied Rental Units by Size in Deming
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
186 506 659 614 102
Occupied Rental Units by Size in Deming

A large number of apartments in Deming 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 Deming are overburdened by housing costs?

Among renter households in this market, 46 percent have housing cost burden. Further, 18 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 Deming

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $594 to $1,488. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $594
One BR $691
Two BR $877
Three BR $1,181
Four BR $1,488
2024 Fair Market Rents in Deming, New Mexico

How many units are rented at Fair Market Rent (FMR) in Deming?

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 150 81 percent
One BR 428 85 percent
Two BR 590 90 percent
Rental Units Below FMR in Deming, New Mexico

How many affordable rental units are in Deming?

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

Federal Program Unit Count
Low Income Housing Tax Credit 336
Section 8 Project-Based Rental Assistance 146
Section 202 Supportive Housing for the Elderly 1
Section 811 Supportive Housing for Persons with Disabilities 10
USDA Section 515 Rural Rental Housing 197
Tracked Units by Federal Program in Deming, New Mexico

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

Income Based Apartments in Deming, New Mexico

Deming features 472 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 Deming, New Mexico

There are 67 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Deming.

Housing Choice Vouchers in Deming, New Mexico

On average, Section 8 Housing Choice vouchers pay Deming landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Deming.

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

Sourced from federal housing data and AffordableHousingOnline.com research.