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

Discover affordable housing in Roosevelt County where there are 22+ 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.

Valle Del Sol Apartments

1300 West Ivy Street, Portales, New Mexico

switch_access_shortcut Short Wait

Golden Acres I

716 Wylie Cox Circle, Portales, New Mexico

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Roosevelt County, New Mexico

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Roosevelt County, New Mexico
$17.50/hour
$5.50 (+46%) more than New Mexico minimum wage and $10.25 (+141%) more than the Federal minimum wage.
Learn More About Roosevelt County, New Mexico Affordable Housing ↓

What HUD offices serve Roosevelt 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 Roosevelt County, New Mexico.

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

How many renters live in Roosevelt County, New Mexico?

The County of Roosevelt County has people living in households.

There are renters living in renter households in this County. Renters make up 35.56 percent of the population living in Roosevelt County.

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

There are an estimated housing units in the Roosevelt County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Roosevelt County, New Mexico, there are 1.22 rental units.

What is the vacancy rate for rentals in Roosevelt County?

The rental vacancy rate in Roosevelt County is 14 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 Roosevelt County for each bedroom size?

Occupied Rental Units by Size in Roosevelt County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
88 468 978 1,042 168
Occupied Rental Units by Size in Roosevelt County

A large number of apartments in Roosevelt County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Roosevelt County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $660 to $1,568. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $660
One BR $703
Two BR $924
Three BR $1,267
Four BR $1,568
2024 Fair Market Rents in Roosevelt County, New Mexico

How many units are rented at Fair Market Rent (FMR) in Roosevelt 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 22 25 percent
One BR 398 85 percent
Two BR 706 72 percent
Rental Units Below FMR in Roosevelt County, New Mexico

How many affordable rental units are in Roosevelt County?

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

Federal Program Unit Count
Low Income Housing Tax Credit
USDA Section 515 Rural Rental Housing
USDA Section 514 Farm Labor Housing
Tracked Units by Federal Program in Roosevelt County, New Mexico

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

Income Based Apartments in Roosevelt County, New Mexico

Roosevelt County features 188 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 Roosevelt County, New Mexico

There are 9 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Roosevelt County.

Housing Choice Vouchers in Roosevelt County, New Mexico

On average, Section 8 Housing Choice vouchers pay Roosevelt County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Roosevelt County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Roosevelt County, New Mexico for a two-bedroom apartment is between $832 and $1,016.

Sourced from federal housing data and AffordableHousingOnline.com research.

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