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

Discover affordable housing in Taos County where there are 8+ 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.

El Cerrito Apartments

250 Paseo del Canon E, Taos, New Mexico 87571

Mariposa Apartments

201 Mariposa Place, Taos, New Mexico 87571

Tierra Montosa Apartments

750 Gusdorf Rd, Taos, New Mexico 87571

Loma Parda

1200 Camino de La Cruz, Taos, New Mexico 87571

Vista Del Sur Pud Coner

Vista del Sur Pud Corner of Charnis, Taos, New Mexico 87571

Jack Rabbit Hill

Jack Rabbit Hill Dr, Picuris Pueblo, New Mexico 87571

Operation Breakthrough

102 Gusdorf Pl, Taos, New Mexico 87571

New Mexico

400 Weimer Rd, Taos, New Mexico 87571

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Taos County, New Mexico
$19.89/hour
$7.89 (+66%) more than New Mexico minimum wage and $12.64 (+174%) more than the Federal minimum wage.
Learn More About Taos County, New Mexico Affordable Housing ↓

What HUD offices serve Taos 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, Veteran Affairs Supportive Housing (VASH) programs for Taos County, New Mexico.

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

How many renters live in Taos County, New Mexico?

The County of Taos County has 34,475 people living in 13,736 households.

There are 6,030 renters living in 2,676 renter households in this County. Renters make up 17.49 percent of the population living in Taos County.

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

There are an estimated 20,950 housing units in the Taos County area. Of these, 3,651 units are rental homes, making up 17 percent of the housing market. For every renter household in Taos County, New Mexico, there are 1 rental units.

What is the vacancy rate for rentals in Taos County?

The rental vacancy rate in Taos County is 19 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 Taos County for each bedroom size?

Occupied Rental Units by Size in Taos County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
210 513 812 993 144
Occupied Rental Units by Size in Taos County

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

Among renter households in this market, 43 percent have housing cost burden. Further, 23 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 Taos County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $845 to $1,782. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $845
One BR $921
Two BR $1,050
Three BR $1,375
Four BR $1,782
2024 Fair Market Rents in Taos County, New Mexico

How many units are rented at Fair Market Rent (FMR) in Taos 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 189 90 percent
One BR 320 62 percent
Two BR 357 44 percent
Rental Units Below FMR in Taos County, New Mexico

How many affordable rental units are in Taos County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 205
Public Housing 192
Section 8 Project-Based Rental Assistance 1
USDA Section 515 Rural Rental Housing 74
Tracked Units by Federal Program in Taos County, New Mexico

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

Income Based Apartments in Taos County, New Mexico

Taos County features 243 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 Taos County, New Mexico

There are 152 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Taos County.

Housing Choice Vouchers in Taos County, New Mexico

On average, Section 8 Housing Choice vouchers pay Taos County landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Taos County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Taos County, New Mexico for a two-bedroom apartment is between $945 and $1,155.

Sourced from federal housing data and AffordableHousingOnline.com research.