Low Income Apartments and Affordable Housing For Rent in Los Alamos, NM

Discover affordable housing in Los Alamos where there are 5+ 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.

Mountain Vista Apartments

600 San Ildefonso Rd, Los Alamos, New Mexico 87544

Los Alamos Group Home

2056 Peach St, Los Alamos, New Mexico 87544

Canyon Walk Apartments

112 DP Rd, Los Alamos, New Mexico 87544

Caballo Peak Apartments

3301 Canyon Rd, Los Alamos, New Mexico 87544

Mesa Del Norte

650 San Ildefonso Rd, Los Alamos, New Mexico 87544

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Los Alamos, New Mexico
$25.81/hour
$13.81 (+115%) more than New Mexico minimum wage and $18.56 (+256%) more than the Federal minimum wage.
Learn More About Los Alamos, New Mexico Affordable Housing ↓

What HUD offices serve Los Alamos, 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 Section 8 Housing Choice Voucher (HCV), Public Housing, Veteran Affairs Supportive Housing (VASH) programs for Los Alamos, New Mexico.

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

How many renters live in Los Alamos, New Mexico?

The City of Los Alamos has 13,460 people living in 5,996 households.

There are 3,807 renters living in 2,085 renter households in this City. Renters make up 28.28 percent of the population living in Los Alamos.

What is the rental market like in Los Alamos, New Mexico?

There are an estimated 6,197 housing units in the Los Alamos area. Of these, 2,117 units are rental homes, making up 34 percent of the housing market. For every renter household in Los Alamos, New Mexico, there are 1 rental units.

What is the vacancy rate for rentals in Los Alamos?

The rental vacancy rate in Los Alamos is 2 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Los Alamos for each bedroom size?

Occupied Rental Units by Size in Los Alamos
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
406 295 806 482 85
Occupied Rental Units by Size in Los Alamos

A large number of apartments in Los Alamos 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 Los Alamos are overburdened by housing costs?

Among renter households in this market, 24 percent have housing cost burden. Further, 7 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 Los Alamos

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $995 to $2,313. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $995
One BR $1,037
Two BR $1,363
Three BR $1,722
Four BR $2,313
2024 Fair Market Rents in Los Alamos, New Mexico

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

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
Studio 401 99 percent
One BR 174 59 percent
Two BR 454 56 percent
Rental Units Below FMR in Los Alamos, New Mexico

How many affordable rental units are in Los Alamos?

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

Federal Program Unit Count
Low Income Housing Tax Credit 128
Section 8 Project-Based Rental Assistance 8
USDA Section 515 Rural Rental Housing 53
Tracked Units by Federal Program in Los Alamos, New Mexico

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

Income Based Apartments in Los Alamos, New Mexico

Los Alamos features 61 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 Los Alamos, New Mexico

There are 115 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Los Alamos.

Housing Choice Vouchers in Los Alamos, New Mexico

On average, Section 8 Housing Choice vouchers pay Los Alamos landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Los Alamos.

The maximum amount a voucher would pay on behalf of a low-income tenant in Los Alamos, New Mexico for a two-bedroom apartment is between $1,227 and $1,499.

Sourced from federal housing data and AffordableHousingOnline.com research.