Cheap Apartments In Rio Arriba County
New Mexico

Low Income Apartments In Rio Arriba County

Santa Clara Apartments

816 E Chamisal St
Espanola, NM
Subsidized

Villa Del Norte

710 La Joya St
Espanola, NM
62+
Accessible
Elderly Supportive Housing
Subsidized

Tsigo Bugeh Village

W Kennedy Subdivision
Ohkay Owingeh, NM
HCV Welcome

Espanola Ph

143A Roman Dr
Espanola, NM

737 La Joya Street

737 La Joya St
Espanola, NM
HCV Welcome

Las Lomas Apartments

600 State Road 76
Espanola, NM
HCV Welcome
  • «
  • 1
  • »

There are 6 low income housing apartment complexes which contain 466 affordable apartments for rent in Rio Arriba County, New Mexico. Many of these rental apartments are income based housing with about 276 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 0 Project-Based Section 8 subsidized apartments in Rio Arriba County. There are 199 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 Rio Arriba County

Housing Authority Programs
Housing Authority of the County of Rio Arriba Section 8 Housing Choice Voucher; Public Housing
Northern Regional Housing Authority Section 8 Housing Choice Voucher; Public Housing

Other Housing Authorities located in Rio Arriba County

Housing Authority Programs
Housing Authority of the Village of Chama Public Housing

Understanding Affordable Housing in Rio Arriba County, New Mexico

Rio Arriba County, NM Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 466
Total Rent Assisted Apartments 276
Percentage of Housing Units Occupied By Renters 22.35%
Average Renter Household Size 2.83
Total Population 39,949
Housing Units 13,730
Average Household Size 2.86
Median Household Income $36,098 ±$3,101
Median Rent $634 ±$50
Percentage Of Renters Overburdened 43.66% ± 6.74pp

Population and Household Demographics

Rio Arriba County is a County in New Mexico with a population of 39,949. There are 13,730 households in the county with an average household size of 2.86 persons. 22.35% of households in Rio Arriba County are renters.

Income and Rent Overburden in Rio Arriba County

The median gross income for households in Rio Arriba County is $36,098 a year, or $3,008 a month. The median rent for the county is $634 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Rio Arriba County, a household making less than $2,113 a month would be considered overburdened when renting an apartment at or above the median rent. 43.66% of households who rent are overburdened in Rio Arriba County.1

Data derived from 2010 Census and 2015 5-Year American Community Survey. Learn More.
1 Margin of Error: ± 6.74 percentage points.

Area Median Income In Rio Arriba 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 Rio Arriba County, HUD calculates the Area Median Income for a family of four as $47,400

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 Rio Arriba 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 Rio Arriba County HUD Rental Assistance in Rio Arriba County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,140 $16,460 $20,780 $25,100 $29,000 $31,150 $33,300 $35,450
50% of Median $18,800 $21,500 $24,200 $26,850 $29,000 $31,150 $33,300 $35,450
80% of Median $30,100 $34,400 $38,700 $42,950 $46,400 $49,850 $53,300 $56,700

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 Rio Arriba County

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

From 2000 to 2000, 2 low income apartment communities containing 101 rental apartments have been constructed and made affordable to low income persons in Rio Arriba County by the Low Income Housing Tax Credit Program.

You can identify apartment communities that participate in the program in Rio Arriba 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 Rio Arriba County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $18,800 $21,500 $24,200 $26,850 $29,000 $31,150 $33,300 $35,450
60% of Median $22,560 $25,800 $29,040 $32,220 $34,800 $37,380 $39,960 $42,540

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 Rio Arriba County is $29,040 a year, or $2,420 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,420 by 30% to get a maximum rent of $726 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% $470 $504 $605 $698 $779 $859
60% $564 $605 $726 $838 $935 $1,031
Fair Market Rents in Rio Arriba 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
$596 $611 $700 $890 $1,037

Cities In Rio Arriba County

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

City Listings Served By
Espanola 5 The HUD funded Public Housing Agencies that serve Espanola are the Housing Authority of the County of Rio Arriba and Northern Regional Housing Authority.
Alcalde 0 The HUD funded Public Housing Agencies that serve Alcalde are the Housing Authority of the County of Rio Arriba and Northern Regional Housing Authority.
Abiquiu 0 The HUD funded Public Housing Agency that serves Abiquiu is the Northern Regional Housing Authority.
Brazos 0 The HUD funded Public Housing Agency that serves Brazos is the Northern Regional Housing Authority.
Canjilon 0 The HUD funded Public Housing Agency that serves Canjilon is the Northern Regional Housing Authority.
Cañones 0 The HUD funded Public Housing Agency that serves Cañones is the Northern Regional Housing Authority.
Canova 0 The HUD funded Public Housing Agency that serves Canova is the Northern Regional Housing Authority.
Gallina 0 The HUD funded Public Housing Agency that serves Gallina is the Northern Regional Housing Authority.
Chama 0 The HUD funded Public Housing Agency that serves Chama is the Northern Regional Housing Authority.
Chamita 0 The HUD funded Public Housing Agency that serves Chamita is the Northern Regional Housing Authority.
Chili 0 The HUD funded Public Housing Agency that serves Chili is the Northern Regional Housing Authority.
Chimayo 0 The HUD funded Public Housing Agency that serves Chimayo is the Northern Regional Housing Authority.
Cordova 0 The HUD funded Public Housing Agency that serves Cordova is the Northern Regional Housing Authority.
Coyote 0 The HUD funded Public Housing Agency that serves Coyote is the Northern Regional Housing Authority.
Dixon 0 The HUD funded Public Housing Agency that serves Dixon is the Northern Regional Housing Authority.
Dulce 0 The HUD funded Public Housing Agency that serves Dulce is the Northern Regional Housing Authority.
El Duende 0 The HUD funded Public Housing Agency that serves El Duende is the Northern Regional Housing Authority.
El Rito 0 The HUD funded Public Housing Agency that serves El Rito is the Northern Regional Housing Authority.
Ensenada 0 The HUD funded Public Housing Agency that serves Ensenada is the Northern Regional Housing Authority.
Hernandez 0 The HUD funded Public Housing Agency that serves Hernandez is the Northern Regional Housing Authority.
La Madera 0 The HUD funded Public Housing Agency that serves La Madera is the Northern Regional Housing Authority.
La Mesilla 0 The HUD funded Public Housing Agency that serves La Mesilla is the Northern Regional Housing Authority.
La Villita 0 The HUD funded Public Housing Agency that serves La Villita is the Northern Regional Housing Authority.
Los Luceros 0 The HUD funded Public Housing Agency that serves Los Luceros is the Northern Regional Housing Authority.
Los Ojos 0 The HUD funded Public Housing Agency that serves Los Ojos is the Northern Regional Housing Authority.
Lumberton 0 The HUD funded Public Housing Agency that serves Lumberton is the Northern Regional Housing Authority.
Lyden 0 The HUD funded Public Housing Agency that serves Lyden is the Northern Regional Housing Authority.
Ohkay Owingeh 1 The HUD funded Public Housing Agency that serves Ohkay Owingeh is the Northern Regional Housing Authority.
Pueblito 0 The HUD funded Public Housing Agency that serves Pueblito is the Northern Regional Housing Authority.
San Jose 0 The HUD funded Public Housing Agency that serves San Jose is the Northern Regional Housing Authority.
Santa Clara Pueblo 0 The HUD funded Public Housing Agency that serves Santa Clara Pueblo is the Northern Regional Housing Authority.
Tierra Amarilla 0 The HUD funded Public Housing Agency that serves Tierra Amarilla is the Northern Regional Housing Authority.
Truchas 0 The HUD funded Public Housing Agency that serves Truchas is the Northern Regional Housing Authority.
Velarde 0 The HUD funded Public Housing Agency that serves Velarde is the Northern Regional Housing Authority.
Youngsville 0 The HUD funded Public Housing Agency that serves Youngsville is the Northern Regional Housing Authority.