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

Discover affordable housing in Sandoval County where there are 6+ 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.

Villa Elena Apartments

201 Villa Elena Ln, Bernalillo, New Mexico 87004

Q U Max Apartments

47 Miera, Cuba, New Mexico 87013

Domingo Housing Project

Intersection of Old BIA 88 and New BIA 88, Kewa Pueblo, New Mexico 87052

Steve Gurule

02 Rainbow Loop, Cuba, New Mexico 0

Sd - Y2k

Parcel E of I-22 W of Domingo, Santo Domingo Pueblo, New Mexico 87052

800 Calle Los Mayores

800 Calle Los Mayores, Bernalillo, New Mexico 87004

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Sandoval County, New Mexico
$23.14/hour
$11.14 (+93%) more than New Mexico minimum wage and $15.89 (+219%) more than the Federal minimum wage.
Learn More About Sandoval County, New Mexico Affordable Housing ↓

What HUD offices serve Sandoval 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, Veteran Affairs Supportive Housing (VASH) programs for Sandoval County, New Mexico.

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

How many renters live in Sandoval County, New Mexico?

The County of Sandoval County has 153,501 people living in 57,614 households.

There are 18,480 renters living in 8,099 renter households in this County. Renters make up 12.04 percent of the population living in Sandoval County.

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

There are an estimated 58,915 housing units in the Sandoval County area. Of these, 11,468 units are rental homes, making up 19 percent of the housing market. For every renter household in Sandoval County, New Mexico, there are 1 rental units.

What is the vacancy rate for rentals in Sandoval County?

The rental vacancy rate in Sandoval County is 8 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 Sandoval County for each bedroom size?

Occupied Rental Units by Size in Sandoval County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
290 774 3,150 4,861 1,048
Occupied Rental Units by Size in Sandoval County

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

How many renter households in Sandoval County are overburdened by housing costs?

Among renter households in this market, 54 percent have housing cost burden. Further, 22 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Sandoval County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $828 to $2,064. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $828
One BR $1,005
Two BR $1,222
Three BR $1,722
Four BR $2,064
2024 Fair Market Rents in Sandoval County, New Mexico

How many units are rented at Fair Market Rent (FMR) in Sandoval 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 57 20 percent
One BR 381 49 percent
Two BR 1,486 47 percent
Rental Units Below FMR in Sandoval County, New Mexico

How many affordable rental units are in Sandoval County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 440
Public Housing 28
Section 8 Project-Based Rental Assistance 77
USDA Section 515 Rural Rental Housing 110
Tracked Units by Federal Program in Sandoval County, New Mexico

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

Income Based Apartments in Sandoval County, New Mexico

Sandoval County features 174 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 Sandoval County, New Mexico

There are 61 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sandoval County.

Housing Choice Vouchers in Sandoval County, New Mexico

On average, Section 8 Housing Choice vouchers pay Sandoval County landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Sandoval County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Sandoval County, New Mexico for a two-bedroom apartment is between $1,100 and $1,344.

Sourced from federal housing data and AffordableHousingOnline.com research.