Affordable Housing In Roswell
Chaves County, New Mexico

10 Low Income Apartment Communities In Roswell

Cielo De Oro Senior Housing Apartments

1700 W Hendricks St
Roswell, New Mexico
Call For Rent
1 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

Rio Vista Senior Housing Apartments

1600 W Hendricks St
Roswell, New Mexico
Subsidized
62+
Accessible
Elderly Supportive Housing

Spicewood Canyon Villas

1301 E. Alameda St.
Roswell, New Mexico

Willow Terrace Apartments

306 E Country Club Rd
Roswell, New Mexico
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Sunset 1600 Apartments

1601 S Sunset Ave
Roswell, New Mexico
Subsidized

Wildewood Apartments

201 Sherrill Ln
Roswell, New Mexico
Subsidized

Roswell Summit Apartments

1100 S Wyoming Ave
Roswell, New Mexico
Subsidized

Region VI Ha

806 Redwood St
Roswell, New Mexico

502 S Wyoming

NW Corner of Wyoming And Bland
Roswell, New Mexico

Mesa Verde Apartments

502 S Wyoming Ave
Roswell, New Mexico
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Section 8 Vouchers, Apartments, and Waiting Lists in 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Roswell, New Mexico

Housing Authority Programs
Eastern Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Roswell, New Mexico

There are 10 low income housing apartment communities offering 676 affordable apartments for rent in Roswell, New Mexico.

Income Based Apartments in Roswell, New Mexico

Roswell features 332 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 344 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 $733 and $895.

2022 Roswell, New Mexico Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Roswell, New Mexico Fair Market Rent $613 $618 $814 $1,051 $1,169
Roswell, New Mexico Payment Standard Range $552 to $674 $556 to $680 $733 to $895 $946 to $1,156 $1,052 to $1,286

Sourced from federal housing data and AffordableHousingOnline.com research.

Roswell, NM Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 676
Total Housing Units with Rental Assistance 332
Percentage of Housing Units Occupied By Renters 36.35%
Average Renter Household Size 2.58
Average Household Size 2.66
Median Household Income $39,975 ±$2,731
Median Rent $707 ±$25
Percentage Of Renters Overburdened 43.89% ± 4.98pp
Total Population 48,553

Population and Household Demographics

Roswell is a city in Chaves County, New Mexico with a population of 48,553. There are 17,659 households in the city with an average household size of 2.66 persons. 36.35% of households in Roswell are renters.

Income and Rent Overburden in Roswell

The median gross income for households in Roswell is $39,975 a year, or $3,331 a month. The median rent for the city is $707 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Roswell, a household making less than $2,357 a month would be considered overburdened when renting an apartment at or above the median rent. 43.89% of households who rent are overburdened in Roswell.

Area Median Income In Roswell

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Roswell, the AMI is calculated from all households within Chaves County.

In Roswell, HUD calculates the Area Median Income for a family of four as $53,500

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 Roswell

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 HUD Rental Assistance in Roswell

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Roswell AMI may qualify for rental assistance programs that target Extremely Low Income households.
$12,880 $17,420 $21,960 $26,500 $29,500 $31,700 $33,900 $36,050
50% AMI Income Limits
Renters earning up to 50% of the Roswell AMI may qualify for rental assistance programs that target Very Low Income households.
$19,150 $21,850 $24,600 $27,300 $29,500 $31,700 $33,900 $36,050
80% AMI Income Limits
Renters earning up to 80% of the Roswell AMI may qualify for rental assistance programs that target Low Income households.
$30,600 $35,000 $39,350 $43,700 $47,200 $50,700 $54,200 $57,700