Cheap Apartments In Los Alamos County
New Mexico

Low Income Apartments In Los Alamos County

Los Alamos Group Home

2056 Peach St
Los Alamos, NM
62+
Accessible
Elderly Supportive Housing
Subsidized

Mountain Vista Apartments

600 San Ildefonso Rd
Los Alamos, NM
Subsidized

Mesa Del Norte

650 San Ildefonso Rd
Los Alamos, NM
HCV Welcome

Caballo Peak Apartments

3301 Canyon Rd
Los Alamos, NM
HCV Welcome
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There are 4 low income housing apartment complexes which contain 137 affordable apartments for rent in Los Alamos County, New Mexico. Many of these rental apartments are income based housing with about 61 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 0 Project-Based Section 8 subsidized apartments in Los Alamos County. There are 169 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Housing Authorities that serve Los Alamos County

Housing Authority Programs
Taos County Housing Authority Section 8 Housing Choice Voucher; Public Housing
Northern Regional Housing Authority Section 8 Housing Choice Voucher; Public Housing; Veteran Affairs Supportive Housing

Understanding Affordable Housing in Los Alamos County, New Mexico

Los Alamos County, NM Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 137
Total Rent Assisted Apartments 61
Percentage of Housing Units Occupied By Renters 25.82%
Average Renter Household Size 2.07
Total Population 17,939
Housing Units 7,615
Average Household Size 2.34
Median Household Income $101,934 ±$5,499
Median Rent $931 ±$53
Percentage Of Renters Overburdened 33.67% ± 9.17pp

Population and Household Demographics

Los Alamos County is a County in New Mexico with a population of 17,939. There are 7,615 households in the county with an average household size of 2.34 persons. 25.82% of households in Los Alamos County are renters.

Income and Rent Overburden in Los Alamos County

The median gross income for households in Los Alamos County is $101,934 a year, or $8,495 a month. The median rent for the county is $931 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Los Alamos County, a household making less than $3,103 a month would be considered overburdened when renting an apartment at or above the median rent. 33.67% of households who rent are overburdened in Los Alamos County.1

Data derived from 2010 Census and 2015 5-Year American Community Survey. Learn More.
1 Margin of Error: ± 9.17 percentage points.

Area Median Income In Los Alamos 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 Los Alamos County, HUD calculates the Area Median Income for a family of four as $130,300

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 Los Alamos 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 Los Alamos County HUD Rental Assistance in Los Alamos County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $24,150 $27,600 $31,050 $34,500 $37,300 $40,050 $42,800 $45,550
50% of Median $40,250 $46,000 $51,750 $57,500 $62,100 $66,700 $71,300 $75,900
80% of Median $50,350 $57,550 $64,750 $71,900 $77,700 $83,450 $89,200 $94,950

You can identify apartment communities that participate in a program that provides rental assistance by looking for the tags in the apartment list above. View Apartments.

Low Income Housing Tax Credits in Los Alamos County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1996 to 2000, 2 low income apartment communities containing 76 rental apartments have been constructed and made affordable to low income persons in Los Alamos County by the Low Income Housing Tax Credit Program.

You can identify apartment communities that participate in the program in Los Alamos County by looking for the tag in the apartment list above. View Apartments.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Los Alamos County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $40,250 $46,000 $51,750 $57,500 $62,100 $66,700 $71,300 $75,900
60% of Median $48,300 $55,200 $62,100 $69,000 $74,520 $80,040 $85,560 $91,080

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Los Alamos County is $62,100 a year, or $5,175 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $5,175 by 30% to get a maximum rent of $1,553 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $1,006 $1,078 $1,294 $1,495 $1,668 $1,840
60% $1,208 $1,294 $1,553 $1,794 $2,001 $2,208
Fair Market Rents in Los Alamos County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$812 $923 $1,123 $1,527 $1,973

Cities In Los Alamos County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Los Alamos 4 The HUD funded Public Housing Agency that serves Los Alamos is the Northern Regional Housing Authority.
White Rock 0 The HUD funded Public Housing Agency that serves White Rock is the Northern Regional Housing Authority.