Low Income Apartments In Glen Acres
There are 0 low income housing apartment complexes which contain 0 affordable apartments for rent in Glen Acres, New Mexico. Many of these rental apartments are income based housing with about 0 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 0 Project-Based Section 8 subsidized apartments in Glen Acres. There are 0 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 Glen Acres
|Western Regional Housing Authority||Section 8 Housing Choice Voucher; Public Housing|
Guide To Affordable Housing in Glen Acres, New Mexico
Glen Acres, NM Affordable Housing Snapshot
|Total Affordable Apartment Properties||0|
|Total Low Income Apartments||0|
|Total Rent Assisted Apartments||0|
|Percentage of Housing Units Occupied By Renters||24.21%|
|Average Renter Household Size||2.83|
|Average Household Size||2.91|
|Median Household Income||$40,938 ±$4,685|
|Median Rent||$0 ±$0|
|Percentage Of Renters Overburdened||0% ± 95.65pp|
Population and Household Demographics
Glen Acres is a City in Hidalgo County, New Mexico with a population of 276. There are 95 households in the city with an average household size of 2.91 persons. 24.21% of households in Glen Acres are renters.
Income and Rent Overburden in Glen Acres
The median gross income for households in Glen Acres is $40,938 a year, or $3,412 a month. The median rent for the city is $0 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Glen Acres, a household making less than $0 a month would be considered overburdened when renting an apartment at or above the median rent. 0% of households who rent are overburdened in Glen Acres.1
Fair Market Rents in Glen Acres
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.
2019 Fair Market Rents
|Studio||One BR||Two BR||Three BR||Four BR|