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

Discover affordable housing in Quay County 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.

Monroe Manor

1713 S Monroe St, Tucumcari, New Mexico 88401

San Jon Estates

10th St, San Jon, New Mexico 88434

Mountain View Apts

800 West Hancock, Tucumcari, New Mexico

606 E McGee Ave

606 E McGee Ave, Tucumcari, New Mexico 88401

Kenneth Wallin Apartments Complex

601 Garcia, Logan, New Mexico 88426

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Quay 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 Quay County, New Mexico Affordable Housing ↓

What HUD offices serve Quay 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 Quay County, New Mexico.

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

How many renters live in Quay County, New Mexico?

The County of Quay County has 8,641 people living in 3,757 households.

There are 2,964 renters living in 1,192 renter households in this County. Renters make up 34.3 percent of the population living in Quay County.

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

There are an estimated 5,491 housing units in the Quay County area. Of these, 1,332 units are rental homes, making up 24 percent of the housing market. For every renter household in Quay County, New Mexico, there are 1 rental units.

What is the vacancy rate for rentals in Quay County?

The rental vacancy rate in Quay County is 9 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 Quay County for each bedroom size?

Occupied Rental Units by Size in Quay County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
24 266 474 287 141
Occupied Rental Units by Size in Quay County

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

Among renter households in this market, 36 percent have housing cost burden. Further, 15 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 Quay County

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 $781
Two BR $877
Three BR $1,092
Four BR $1,488
2024 Fair Market Rents in Quay County, New Mexico

How many units are rented at Fair Market Rent (FMR) in Quay 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 16 67 percent
One BR 237 89 percent
Two BR 296 62 percent
Rental Units Below FMR in Quay County, New Mexico

How many affordable rental units are in Quay County?

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

Federal Program Unit Count
Public Housing 90
Section 8 Project-Based Rental Assistance 63
Section 202 Supportive Housing for the Elderly 1
Section 811 Supportive Housing for Persons with Disabilities 8
USDA Section 515 Rural Rental Housing 85
Tracked Units by Federal Program in Quay County, New Mexico

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

Income Based Apartments in Quay County, New Mexico

Quay County features 159 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 Quay County, New Mexico

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

Housing Choice Vouchers in Quay County, New Mexico

On average, Section 8 Housing Choice vouchers pay Quay County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Quay County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.