Affordable Housing In Roosevelt County
New Mexico

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There are 4 low income housing apartment complexes which contain 166 affordable apartments for rent in Roosevelt County, New Mexico. Many of these rental apartments are income based housing with about 44 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 0 Project-Based Section 8 subsidized apartments in Roosevelt County. There are 192 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

The HUD funded Public Housing Agency that serves Roosevelt County is the Eastern Regional Housing Authority.

Affordable Apartments in Roosevelt County

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1101 W Fir St
Portales, New Mexico
Ruth Visage Apartments is a 26 unit low income housing apartment community in Portales.
Apartments in this community are not rent subsidized. However, this apartment community has rents considered affordable for low income families in Portales.
Section 515 Rural Rental Housing
HOME
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1903 S Avenue I
Portales, New Mexico
Portales Estates is a 44 unit low income housing apartment community in Portales.
Some or all apartments in this community are rent subsidized, which means rent is income based.
Section 515 Rural Rental Housing
Rural Development Rental Assistance
Project Based Rental Assistance
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1901 S Avenue I
Portales, New Mexico
Portales Properties, Lp is a 88 unit low income housing apartment community in Portales.
Apartments in this community are not rent subsidized. However, this apartment community has rents considered affordable for low income families in Portales.
Low Income Housing Tax Credit
Accepts Housing Choice Vouchers
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109 N Avenue I
Portales, New Mexico
Portales Special Needs is a 8 unit low income housing apartment community in Portales.
Apartments in this community are not rent subsidized. However, this apartment community has rents considered affordable for low income families in Portales.
Low Income Housing Tax Credit
Accepts Housing Choice Vouchers
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Housing Authorities that serve Roosevelt County

The Eastern Regional Housing Authority is a Section 8 and Public Housing public housing agency in Roswell, New Mexico.

Understanding Affordable Housing in Roosevelt County, New Mexico

Roosevelt County, NM Affordable Housing Snapshot

Total Affordable Apartment Properties4
Total Low Income Apartments166
Total Rent Assisted Apartments44
Percentage of Housing Units Occupied By Renters41.59%
Average Renter Household Size2.55
Total Population19,908
Housing Units7,139
Average Household Size2.62
Median Household Income$35,546 ±$2,764
Median Rent$694 ±$68
Percentage Of Renters Overburdened51.84% ± 8.56pp

Population and Household Demographics

Roosevelt County is a County in New Mexico with a population of 19,908. There are 7,139 households in the county with an average household size of 2.62 persons. 41.59% of households in Roosevelt County are renters.

Income and Rent Overburden in Roosevelt County

The median gross income for households in Roosevelt County is $35,546 a year, or $2,962 a month. The median rent for the county is $694 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Roosevelt County, a household making less than $2,313 a month would be considered overburdened when renting an apartment at or above the median rent.51.84% of households who rent are overburdened in Roosevelt County.1

Data derived from 2010 Census and 2015 5-Year American Community Survey. Learn More.
1 Margin of Error: ± 8.56 percentage points.

Area Median Income In Roosevelt 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 Roosevelt County, HUD calculates the Area Median Income for a family of four as $43,900

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 Roosevelt 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.

Roosevelt County HUD Rental Assistance Income Limits

AMI Band1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person
30%$12,060$16,240$20,420$24,600$28,250$30,350$32,450$34,550
50%$18,350$20,950$23,550$26,150$28,250$30,350$32,450$34,550
80%$29,300$33,500$37,700$41,850$45,200$48,550$51,900$55,250

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 Roosevelt County

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

From 1992 to 1996, 2 low income apartment communities containing 184 rental apartments have been constructed and made affordable to low income persons in Roosevelt County by the Low Income Housing Tax Credit Program.

You can identify apartment communities that participate in the program in Roosevelt 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.

Roosevelt County Low Income Housing Tax Credit Income Limits

AMI Band1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person
50%$18,350$20,950$23,550$26,150$28,250$30,350$32,450$34,550
60%$22,020$25,140$28,260$31,380$33,900$36,420$38,940$41,460

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 Roosevelt County is $28,260 a year, or $2,355 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,355 by 30% to get a maximum rent of $707 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 AMIStudio2 Bed3 Bed4 Bed1 Bed5 Bed
50%$459$491$589$680$759$838
60%$551$590$707$816$911$1,005

Cities In Roosevelt County

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

CityListingsServed By
Portales4
Causey0
Dora0
Elida0
Floyd0