Affordable Housing In Guadalupe County
New Mexico

3 Low Income Apartment Communities In Guadalupe County

Housing Authorities that serve Guadalupe County

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

Guide To Affordable Housing in Guadalupe County, New Mexico

There are 3 low income housing apartment communities offering 116 affordable apartments for rent in Guadalupe County, New Mexico.

Income Based Apartments in Guadalupe County, New Mexico

Guadalupe County features 92 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 Guadalupe County, New Mexico

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Guadalupe County.

Housing Choice Vouchers in Guadalupe County, New Mexico

On average, Section 8 Housing Choice vouchers pay Guadalupe County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Guadalupe County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Guadalupe County, New Mexico for a two-bedroom apartment is between $661 and $807.

2021 Guadalupe 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
Guadalupe County, New Mexico Fair Market Rent	$574	$627	$734	$1,050	$1,235
Guadalupe County, New Mexico Payment Standard Range	$517 to $631	$564 to $690	$661 to $807	$945 to $1,155	$1,112 to $1,359

Sourced from federal housing data and AffordableHousingOnline.com research.

Guadalupe County, NM Affordable Housing Snapshot

Total Affordable Apartment Properties	3
Total Low Income Apartments	116
Total Housing Units with Rental Assistance	92
Percentage of Housing Units Occupied By Renters	27.6%
Average Renter Household Size	2.60
Average Household Size	3.28
Median Household Income	$30,772 ±$3,449
Median Rent	$540 ±$64
Percentage Of Renters Overburdened	37.69% ± 12.38pp
Total Population	4,526

Population and Household Demographics

Guadalupe County is a county in New Mexico with a population of 4,526. There are 1,192 households in the county with an average household size of 3.28 persons. 27.6% of households in Guadalupe County are renters.

Income and Rent Overburden in Guadalupe County

The median gross income for households in Guadalupe County is $30,772 a year, or $2,564 a month. The median rent for the county is $540 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Guadalupe County, a household making less than $1,800 a month would be considered overburdened when renting an apartment at or above the median rent. 37.69% of households who rent are overburdened in Guadalupe County.

Area Median Income In Guadalupe 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 Guadalupe County, HUD calculates the Area Median Income for a family of four as $45,200

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 Guadalupe 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 Guadalupe 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 Guadalupe County AMI may qualify for rental assistance programs that target Extremely Low Income households.	$12,760	$17,240	$21,720	$26,200	$29,650	$31,850	$34,050	$36,250
50% AMI Income Limits Renters earning up to 50% of the Guadalupe County AMI may qualify for rental assistance programs that target Very Low Income households.	$19,250	$22,000	$24,750	$27,450	$29,650	$31,850	$34,050	$36,250
80% AMI Income Limits Renters earning up to 80% of the Guadalupe County AMI may qualify for rental assistance programs that target Low Income households.	$30,750	$35,150	$39,550	$43,900	$47,450	$50,950	$54,450	$57,950