Low Income Apartments and Affordable Housing For Rent in Roswell, NM

Discover affordable housing in Roswell where there are 14+ 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.

Cielo De Oro Senior Housing Apartments

1700 W Hendricks St, Roswell, New Mexico 88203

bed 1
switch_access_shortcut Short Wait

Spicewood Canyon Villas

1301 E. Alameda St., Roswell, New Mexico 88203

switch_access_shortcut Short Wait
accessibility Accessible

Willow Terrace Apartments

306 E Country Club Rd, Roswell, New Mexico 88201

payment Subsidized
accessibility Accessible
accessible_forward Disability

Sunset 1600 Apartments

1601 S Sunset Ave, Roswell, New Mexico 88203

payment Subsidized

Rio Vista Senior Housing Apartments

1600 W Hendricks St, Roswell, New Mexico 88203

payment Subsidized
elderly Senior
accessibility Accessible

1618 Pontiac Dr

1618 Pontiac Dr, Roswell, New Mexico 88201

bed 3
payment $1100/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

3741 E Crossroads

3741 E Crossroads, Roswell, New Mexico 88203

bed 3
payment $1200/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

3201 N Kentucky Ave

3201 N Kentucky Ave, Roswell, New Mexico 88201

bed 3
payment $1150/mo.

3201 N Kentucky Ave

3201 N Kentucky Ave, Roswell, New Mexico 88201

bed 2
payment $900/mo.

Mesa Verde Apartments

502 S Wyoming Ave, Roswell, New Mexico 88203

switch_access_shortcut Short Wait
accessibility Accessible

Wildewood Apartments

201 Sherrill Ln, Roswell, New Mexico 88201

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Roswell Summit Apartments

1100 S Wyoming Ave, Roswell, New Mexico 88203

payment Subsidized

502 S Wyoming

NW Corner of Wyoming And Bland, Roswell, New Mexico 88201

Region VI Ha

806 Redwood St, Roswell, New Mexico 88203

How To Identify Affordable Housing in Roswell, 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 Roswell, New Mexico
$18.35/hour
$6.35 (+53%) more than New Mexico minimum wage and $11.10 (+153%) more than the Federal minimum wage.
Learn More About Roswell, New Mexico Affordable Housing ↓

What HUD offices serve Roswell, 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 Roswell, New Mexico.

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

How many renters live in Roswell, New Mexico?

The City of Roswell has people living in households.

There are renters living in renter households in this City. Renters make up 32.46 percent of the population living in Roswell.

What is the rental market like in Roswell, New Mexico?

There are an estimated housing units in the Roswell area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Roswell, New Mexico, there are 1.09 rental units.

What is the vacancy rate for rentals in Roswell?

The rental vacancy rate in Roswell is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Roswell for each bedroom size?

Occupied Rental Units by Size in Roswell
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
353 927 2,319 2,368 194
Occupied Rental Units by Size in Roswell

A large number of apartments in Roswell 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 Roswell

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $692 to $1,358. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $692
One BR $737
Two BR $969
Three BR $1,239
Four BR $1,358
2024 Fair Market Rents in Roswell, New Mexico

How many units are rented at Fair Market Rent (FMR) in Roswell?

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 284 80 percent
One BR 741 80 percent
Two BR 1,714 74 percent
Rental Units Below FMR in Roswell, New Mexico

How many affordable rental units are in Roswell?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Roswell, New Mexico

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

Income Based Apartments in Roswell, New Mexico

Roswell features 305 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 Roswell, New Mexico

There are 288 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Roswell.

Housing Choice Vouchers in Roswell, New Mexico

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Roswell, New Mexico for a two-bedroom apartment is between $872 and $1,066.

Sourced from federal housing data and AffordableHousingOnline.com research.