Low Income Apartments and Affordable Housing For Rent in Lordsburg, NM

Discover affordable housing in Lordsburg where there are 2+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

King Arthurs Court Apartments

428 Gale St, Lordsburg, New Mexico 88045

Pyramid Village

301 Placita Loma, Lordsburg, New Mexico 88045

How To Identify Affordable Housing in Lordsburg, New Mexico

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
Open Until Further Notice

Reported On February 23rd, 2024 by Chris Madden

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lordsburg, New Mexico
$4.61 (+38%) more than New Mexico minimum wage and $9.36 (+129%) more than the Federal minimum wage.
Learn More About Lordsburg, New Mexico Affordable Housing ↓

What HUD offices serve Lordsburg, 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.

Operates the Public Housing programs for Lordsburg, New Mexico.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Lordsburg, New Mexico.

Go to the New Mexico Public Housing and Low-Income Apartments Waiting Lists page for openings near Lordsburg.

How many renters live in Lordsburg, New Mexico?

The City of Lordsburg has 2,114 people living in 825 households.

There are 853 renters living in 353 renter households in this City. Renters make up 40.35 percent of the population living in Lordsburg.

What is the rental market like in Lordsburg, New Mexico?

There are an estimated 1,177 housing units in the Lordsburg area. Of these, 383 units are rental homes, making up 33 percent of the housing market. For every renter household in Lordsburg, New Mexico, there are 1 rental units.

What is the vacancy rate for rentals in Lordsburg?

The rental vacancy rate in Lordsburg is 8 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Lordsburg for each bedroom size?

Occupied Rental Units by Size in Lordsburg
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 74 91 116 72
Occupied Rental Units by Size in Lordsburg

A large number of apartments in Lordsburg have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Lordsburg are overburdened by housing costs?

Among renter households in this market, 53 percent have housing cost burden. Further, 18 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Lordsburg

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $627 to $1,488. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $627
One BR $707
Two BR $877
Three BR $1,236
Four BR $1,488
2024 Fair Market Rents in Lordsburg, New Mexico

How many units are rented at Fair Market Rent (FMR) in Lordsburg?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
One BR 74 100 percent
Two BR 77 85 percent
Rental Units Below FMR in Lordsburg, New Mexico

How many affordable rental units are in Lordsburg?

There are a variety of federal affordable housing programs serving households in Lordsburg, New Mexico including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 28
Public Housing 98
Section 8 Project-Based Rental Assistance 27
Tracked Units by Federal Program in Lordsburg, New Mexico

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Lordsburg, New Mexico

Lordsburg features 128 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 Lordsburg, New Mexico

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lordsburg.

Housing Choice Vouchers in Lordsburg, New Mexico

On average, Section 8 Housing Choice vouchers pay Lordsburg landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Lordsburg.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lordsburg, New Mexico for a two-bedroom apartment is between $789 and $965.

Sourced from federal housing data and AffordableHousingOnline.com research.