Low Income Apartments and Affordable Housing For Rent in Luna County, NM

Discover affordable housing in Luna County where there are 15+ 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.

GATEWAY ESTATES

1601 S LEAD ST, Deming, New Mexico 88030

La Palona Del Sol Apartments P

1400 E Birch St, Deming, New Mexico 88030

La Paloma Del Sol Ltd

601 S Santa Monica St, Deming, New Mexico 88030

Deming Manor Apartments

1000 S Zinc St, Deming, New Mexico 88030

Columbus Apartments

23020 W Botanico, Columbus, New Mexico 88029

Sierra Vista

878 N Iron St, Deming, New Mexico 88030

Rio Mimbres Apartments

400 W. Florida, Deming, New Mexico 88030

Desert Sun Apartments II

1101 8th St NW, Deming, New Mexico 88030

Mariposa Village

901 S Tennyson Dr, Deming, New Mexico 88030

Desert Sun Apartments

1201 8th St NW, Deming, New Mexico 88030

Retirement Planning Company Apartments

700 S Clark St, Deming, New Mexico 88030

Mountain View Estates Apartments

1101 S Shelly Dr, Deming, New Mexico 88030

Kingdom of the Sun Retirement Center Apartments

800 W Buckeye St, Deming, New Mexico 88030

Florida Village

601 W Florida St, Deming, New Mexico

S Tennyson and E Poplar

S Tennyson and E Poplar, Deming, New Mexico 88030

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 Luna County, New Mexico
$16.61/hour
$4.61 (+38%) more than New Mexico minimum wage and $9.36 (+129%) more than the Federal minimum wage.
Learn More About Luna County, New Mexico Affordable Housing ↓

What HUD offices serve Luna 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.

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

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

How many renters live in Luna County, New Mexico?

The County of Luna County has 25,393 people living in 8,951 households.

There are 8,049 renters living in 2,989 renter households in this County. Renters make up 31.7 percent of the population living in Luna County.

What is the rental market like in Luna County, New Mexico?

There are an estimated 11,514 housing units in the Luna County area. Of these, 3,261 units are rental homes, making up 28 percent of the housing market. For every renter household in Luna County, New Mexico, there are 1 rental units.

What is the vacancy rate for rentals in Luna County?

The rental vacancy rate in Luna County is 3 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 Luna County for each bedroom size?

Occupied Rental Units by Size in Luna County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
263 562 939 1,123 102
Occupied Rental Units by Size in Luna County

A large number of apartments in Luna County 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 Luna County are overburdened by housing costs?

Among renter households in this market, 41 percent have housing cost burden. Further, 17 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 Luna County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $594 to $1,488. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $594
One BR $691
Two BR $877
Three BR $1,181
Four BR $1,488
2024 Fair Market Rents in Luna County, New Mexico

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

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 165 63 percent
One BR 478 85 percent
Two BR 742 79 percent
Rental Units Below FMR in Luna County, New Mexico

How many affordable rental units are in Luna County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 312
Section 8 Project-Based Rental Assistance 146
Section 202 Supportive Housing for the Elderly 1
Section 811 Supportive Housing for Persons with Disabilities 10
USDA Section 515 Rural Rental Housing 281
USDA Section 514 Farm Labor Housing 96
Tracked Units by Federal Program in Luna County, New Mexico

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

Income Based Apartments in Luna County, New Mexico

Luna County features 496 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 Luna County, New Mexico

There are 67 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Luna County.

Housing Choice Vouchers in Luna County, New Mexico

On average, Section 8 Housing Choice vouchers pay Luna County landlords $600 per month towards rent. The average voucher holder contributes $200 towards rent in Luna County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.