Lincoln County, New Mexico Affordable Housing

Affordable Housing programs support 127 income based apartments in Lincoln County where households pay rent based on how much they earn.

There are 180 affordable apartments in Lincoln County that offer reduced rents to low-income households.

Waiting Lists in Lincoln County, New Mexico

There are no open Section 8 Housing Choice Voucher waiting lists in Lincoln County. Go to the New Mexico Section 8 Waiting Lists page for openings near Lincoln County.

Ladera Courts

319 Dipaolo Hill Dr
Ruidoso Downs, New Mexico
Affordable

Di Paolo Street

Di Paolo St
Ruidoso Downs, New Mexico
Affordable

La Tierra Courtyard Homes

107 Jack Little Dr
Ruidoso, New Mexico
Affordable

Inspiration Heights

301 Sierra Lane
Ruidoso Downs, New Mexico

Casa Manana Apts

1101 Avenue D
Carrizozo, New Mexico

Camelot Place Apts

210 Crown Drive
Ruidoso, New Mexico
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Affordable Housing In Lincoln County

View affordable apartments and waiting lists in cities near Lincoln County

City Apartments
Ruidoso Downs, NM Affordable Housing programs support 3 apartment communities in Ruidoso Downs.
Ruidoso, NM Affordable Housing programs support 2 apartment communities in Ruidoso.
Carrizozo, NM Affordable Housing programs support 1 apartment communities in Carrizozo.

Public Housing Agencies Serving Lincoln County, 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.

Waiting lists for project-based assistance, like the Public Housing program, are open:

Housing Authority Programs
Eastern Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the New Mexico Public Housing and Low-Income Apartments Waiting Lists page for openings near Lincoln County.

Lincoln County, New Mexico Affordable Housing Data

Income Based Apartments in Lincoln County, New Mexico

Lincoln County features 127 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 Lincoln County, New Mexico

There are 180 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lincoln County.

Housing Choice Vouchers in Lincoln County, New Mexico

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Lincoln County, New Mexico for a two-bedroom apartment is between $716 and $875.

2023 Lincoln 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
Lincoln County, New Mexico Fair Market Rent $582 $614 $795 $1,048 $1,354
Lincoln County, New Mexico Payment Standard Range $524 to $640 $553 to $675 $716 to $875 $943 to $1,153 $1,219 to $1,489

Sourced from federal housing data and AffordableHousingOnline.com research.

Lincoln County, NM Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 307
Total Housing Units with Rental Assistance 127
Percentage of Housing Units Occupied By Renters 21.03%
Average Renter Household Size 2.35
Average Household Size 2.33
Median Household Income $40,708 ±$2,502
Median Rent $756 ±$52
Percentage Of Renters Overburdened 40.61% ± 9.34pp
Total Population 19,931

Population and Household Demographics

Lincoln County is a county in New Mexico with a population of 19,931. There are 8,479 households in the county with an average household size of 2.33 persons. 21.03% of households in Lincoln County are renters.

Income and Rent Overburden in Lincoln County

The median gross income for households in Lincoln County is $40,708 a year, or $3,392 a month. The median rent for the county is $756 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lincoln County, a household making less than $2,520 a month would be considered overburdened when renting an apartment at or above the median rent. 40.61% of households who rent are overburdened in Lincoln County.

Area Median Income In Lincoln 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 Lincoln County, HUD calculates the Area Median Income for a family of four as $66,300

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 Lincoln 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 Lincoln 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 Lincoln County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,950 $18,310 $23,030 $27,750 $32,470 $37,190 $41,150 $43,800
50% AMI Income Limits
Renters earning up to 50% of the Lincoln County AMI may qualify for rental assistance programs that target Very Low Income households.
$23,250 $26,550 $29,850 $33,150 $35,850 $38,500 $41,150 $43,800
80% AMI Income Limits
Renters earning up to 80% of the Lincoln County AMI may qualify for rental assistance programs that target Low Income households.
$37,150 $42,450 $47,750 $53,050 $57,300 $61,550 $65,800 $70,050