Affordable Housing In Las Vegas
San Miguel County, New Mexico

11 Low Income Apartment Communities In Las Vegas

Kristin Park Apartments

2351 Moreland Street
Las Vegas, New Mexico
Call For Rent
1 BR

Villa Las Vegas

200 Mountain View Dr
Las Vegas, New Mexico

Vista Gallinas Apartments

2525 Ridge Runner Rd
Las Vegas, New Mexico
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Collins Drive Apartments

2505 Collins Dr
Las Vegas, New Mexico
Subsidized

Casa Alegre Apartments Phase II

400 Mountain View Dr
Las Vegas, New Mexico
Subsidized

Monte Vista

500 Mountain View Dr
Las Vegas, New Mexico

Kristin Park Apartments

2351 Moreland St
Las Vegas, New Mexico

Gallinas Valley Apartments

2612 7th St
Las Vegas, New Mexico
Subsidized

Vigil Hanna

2120 Hot Springs Blvd
Las Vegas, New Mexico

San Miguel Senior Apartments

2710 Collins Dr
Las Vegas, New Mexico

Section 8 Vouchers, Apartments, and Waiting Lists in Las Vegas, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Las Vegas, New Mexico

Housing Authority Programs
Housing Authority of the City of Las Vegas Public Housing
Housing Authority of the County of San Miguel Public Housing
Housing Authority of San Miguel County Section 8 Housing Choice Voucher (HCV)
Bernalillo County Housing Department Section 8 Housing Choice Voucher (HCV); Public Housing; Veteran Affairs Supportive Housing (VASH); Family Unification Program (FUP)
Northern Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Veteran Affairs Supportive Housing (VASH)

Guide To Affordable Housing in Las Vegas, New Mexico

There are 11 low income housing apartment communities offering 812 affordable apartments for rent in Las Vegas, New Mexico.

Income Based Apartments in Las Vegas, New Mexico

Las Vegas features 440 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 Las Vegas, New Mexico

There are 372 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Las Vegas.

Housing Choice Vouchers in Las Vegas, New Mexico

On average, Section 8 Housing Choice vouchers pay Las Vegas landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Las Vegas.

The maximum amount a voucher would pay on behalf of a low-income tenant in Las Vegas, New Mexico for a two-bedroom apartment is between $653 and $799.

2022 Las Vegas, 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
Las Vegas, New Mexico Fair Market Rent $626 $637 $726 $967 $985
Las Vegas, New Mexico Payment Standard Range $563 to $689 $573 to $701 $653 to $799 $870 to $1,064 $887 to $1,084

Sourced from federal housing data and AffordableHousingOnline.com research.

Las Vegas, NM Affordable Housing Snapshot

Total Affordable Apartment Properties 11
Total Low Income Apartments 812
Total Housing Units with Rental Assistance 440
Percentage of Housing Units Occupied By Renters 37.98%
Average Renter Household Size 2.17
Average Household Size 2.44
Median Household Income $23,904 ±$4,345
Median Rent $565 ±$35
Percentage Of Renters Overburdened 50.05% ± 8.94pp
Total Population 13,713

Population and Household Demographics

Las Vegas is a city in San Miguel County, New Mexico with a population of 13,713. There are 5,081 households in the city with an average household size of 2.44 persons. 37.98% of households in Las Vegas are renters.

Income and Rent Overburden in Las Vegas

The median gross income for households in Las Vegas is $23,904 a year, or $1,992 a month. The median rent for the city is $565 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Las Vegas, a household making less than $1,883 a month would be considered overburdened when renting an apartment at or above the median rent. 50.05% of households who rent are overburdened in Las Vegas.

Area Median Income In Las Vegas

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Las Vegas, the AMI is calculated from all households within San Miguel County.

In Las Vegas, HUD calculates the Area Median Income for a family of four as $44,200

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 Las Vegas

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 Las Vegas

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 Las Vegas AMI may qualify for rental assistance programs that target Extremely Low Income households.
$12,880 $17,420 $21,960 $26,500 $29,500 $31,700 $33,900 $36,050
50% AMI Income Limits
Renters earning up to 50% of the Las Vegas AMI may qualify for rental assistance programs that target Very Low Income households.
$19,150 $21,850 $24,600 $27,300 $29,500 $31,700 $33,900 $36,050
80% AMI Income Limits
Renters earning up to 80% of the Las Vegas AMI may qualify for rental assistance programs that target Low Income households.
$30,600 $35,000 $39,350 $43,700 $47,200 $50,700 $54,200 $57,700