What HUD offices serve Dexter, 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.
Go to the New Mexico Public Housing and Low-Income Apartments Waiting Lists page for openings near Dexter.
How many renters live in Dexter, New Mexico?
The City of Dexter has people living in households.
There are renters living in renter households in this City. Renters make up 16.98 percent of the population living in Dexter.
What is the rental market like in Dexter, New Mexico?
There are an estimated housing units in the Dexter area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Dexter, New Mexico, there are 1.41 rental units.
What is the vacancy rate for rentals in Dexter?
The rental vacancy rate in Dexter is 29 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 Dexter for each bedroom size?
Occupied Rental Units by Size in Dexter
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 14 | 30 | 13 | 2 |
Occupied Rental Units by Size in Dexter
A large number of apartments in Dexter have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Dexter
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $692 to $1,358. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $692 |
| One BR | $737 |
| Two BR | $969 |
| Three BR | $1,239 |
| Four BR | $1,358 |
2024 Fair Market Rents in Dexter, New Mexico
How many units are rented at Fair Market Rent (FMR) in Dexter?
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 |
| One BR | 13 | 93 percent |
| Two BR | 29 | 97 percent |
Rental Units Below FMR in Dexter, New Mexico
How many affordable rental units are in Dexter?
There are a variety of federal affordable housing programs serving households in Dexter, New Mexico including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Dexter, New Mexico
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Dexter, New Mexico
Dexter features 28 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 Dexter, New Mexico
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Dexter.
Housing Choice Vouchers in Dexter, New Mexico
On average, Section 8 Housing Choice vouchers pay Dexter landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Dexter.
The maximum amount a voucher would pay on behalf of a low-income tenant in Dexter, New Mexico for a two-bedroom apartment is between $872 and $1,066.
Sourced from federal housing data and AffordableHousingOnline.com research.