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Affordable Housing In Eddy County
New Mexico

12 Low Income Apartment Communities In Eddy County

Roselawn Apartments

1004 S Roselawn Ave
Artesia, New Mexico
Call For Rent
1-3 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

Villa San Jose

415 Del Rio St
Carlsbad, New Mexico
Call For Rent
1-2 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

Colonial Hillcrest Apartments

604 N 5th St
Carlsbad, New Mexico
Subsidized

Carlsbad Senior Community

214 Pecan St
Carlsbad, New Mexico
Subsidized
62+
Accessible
Elderly Supportive Housing

Eagle Creek Apartments

302 N 4th St
Artesia, New Mexico
Subsidized

Mission Apartments

805 Hueco St
Carlsbad, New Mexico
Subsidized

618 N 7th St

618 N 7th St
Artesia, New Mexico

Artesia Properties

1601 W Centre Ave
Artesia, New Mexico
Subsidized

Northgate Plaza

1018 Lamont St
Carlsbad, New Mexico

Mesa Grande

4601 Forrest Dr
Carlsbad, New Mexico

Housing Authorities that serve Eddy County

Housing Authority Programs
Eastern Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Eddy County, New Mexico

There are 12 low income housing apartment communities offering 657 affordable apartments for rent in Eddy County, New Mexico.

Income Based Apartments in Eddy County, New Mexico

Eddy County features 565 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 Eddy County, New Mexico

There are 92 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Eddy County.

Housing Choice Vouchers in Eddy County, New Mexico

On average, Section 8 Housing Choice vouchers pay Eddy County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Eddy County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Eddy County, New Mexico for a two-bedroom apartment is between $923 and $1,129.

2021 Eddy County, 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
Eddy County, New Mexico Fair Market Rent $842 $847 $1,026 $1,468 $1,776
Eddy County, New Mexico Payment Standard Range $758 to $926 $762 to $932 $923 to $1,129 $1,321 to $1,615 $1,598 to $1,954

Sourced from federal housing data and AffordableHousingOnline.com research.

Eddy County, NM Affordable Housing Snapshot

Total Affordable Apartment Properties 12
Total Low Income Apartments 657
Total Housing Units with Rental Assistance 565
Percentage of Housing Units Occupied By Renters 27.04%
Average Renter Household Size 2.75
Average Household Size 2.66
Median Household Income $56,618 ±$3,151
Median Rent $764 ±$40
Percentage Of Renters Overburdened 30.66% ± 5.14pp
Total Population 55,641

Population and Household Demographics

Eddy County is a county in New Mexico with a population of 55,641. There are 20,638 households in the county with an average household size of 2.66 persons. 27.04% of households in Eddy County are renters.

Income and Rent Overburden in Eddy County

The median gross income for households in Eddy County is $56,618 a year, or $4,718 a month. The median rent for the county is $764 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Eddy County, a household making less than $2,547 a month would be considered overburdened when renting an apartment at or above the median rent. 30.66% of households who rent are overburdened in Eddy County.

Area Median Income In Eddy 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 Eddy County, HUD calculates the Area Median Income for a family of four as $70,700

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 Eddy 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 HUD Rental Assistance in Eddy County

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 Eddy County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,850 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% AMI Income Limits
Renters earning up to 50% of the Eddy County AMI may qualify for rental assistance programs that target Very Low Income households.
$24,750 $28,300 $31,850 $35,350 $38,200 $41,050 $43,850 $46,700
80% AMI Income Limits
Renters earning up to 80% of the Eddy County AMI may qualify for rental assistance programs that target Low Income households.
$39,600 $45,250 $50,900 $56,550 $61,100 $65,600 $70,150 $74,650

Cities In Eddy County

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

City Served By
Artesia The HUD funded Public Housing Agencies that serve Artesia are the Housing Authority of the City of Artesia and Eastern Regional Housing Authority.
Atoka The HUD funded Public Housing Agency that serves Atoka is the Eastern Regional Housing Authority.
Carlsbad The HUD funded Public Housing Agency that serves Carlsbad is the Eastern Regional Housing Authority.
Happy Valley The HUD funded Public Housing Agency that serves Happy Valley is the Eastern Regional Housing Authority.
Hope The HUD funded Public Housing Agency that serves Hope is the Eastern Regional Housing Authority.
La Huerta The HUD funded Public Housing Agency that serves La Huerta is the Eastern Regional Housing Authority.
Livingston Wheeler The HUD funded Public Housing Agency that serves Livingston Wheeler is the Eastern Regional Housing Authority.
Loco Hills The HUD funded Public Housing Agency that serves Loco Hills is the Eastern Regional Housing Authority.
Loving The HUD funded Public Housing Agency that serves Loving is the Eastern Regional Housing Authority.
Malaga The HUD funded Public Housing Agency that serves Malaga is the Eastern Regional Housing Authority.
Morningside The HUD funded Public Housing Agency that serves Morningside is the Eastern Regional Housing Authority.
Whites City The HUD funded Public Housing Agency that serves Whites City is the Eastern Regional Housing Authority.