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Affordable Housing In Sandia Heights
Bernalillo County, New Mexico

Housing Authorities that serve Sandia Heights

Housing Authority Programs
Bernalillo County Housing Department Section 8 Housing Choice Voucher (HCV); Public Housing; Veteran Affairs Supportive Housing (VASH); Family Unification Program (FUP)
Albuquerque Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Section 8 Project-Based Voucher (PBV); Rental Assistance Demonstration (RAD)

Guide To Affordable Housing in Sandia Heights, New Mexico

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Sandia Heights, New Mexico.

Income Based Apartments in Sandia Heights, New Mexico

Sandia Heights features 0 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 Sandia Heights, New Mexico

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sandia Heights.

Housing Choice Vouchers in Sandia Heights, New Mexico

On average, Section 8 Housing Choice vouchers pay Sandia Heights landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Sandia Heights.

The maximum amount a voucher would pay on behalf of a low-income tenant in Sandia Heights, New Mexico for a two-bedroom apartment is between $846 and $1,034.

2021 Sandia Heights, 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
Sandia Heights, New Mexico Fair Market Rent $621 $770 $940 $1,345 $1,617
Sandia Heights, New Mexico Payment Standard Range $559 to $683 $693 to $847 $846 to $1,034 $1,211 to $1,480 $1,455 to $1,779

Sourced from federal housing data and AffordableHousingOnline.com research.

Sandia Heights, NM Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 9.09%
Average Renter Household Size 1.49
Average Household Size 2.16
Median Household Income $102,537 ±$13,489
Median Rent $1,194 ±$396
Percentage Of Renters Overburdened 38.03% ± 36.45pp
Total Population 3,377

Population and Household Demographics

Sandia Heights is a city in Bernalillo County, New Mexico with a population of 3,377. There are 1,562 households in the city with an average household size of 2.16 persons. 9.09% of households in Sandia Heights are renters.

Income and Rent Overburden in Sandia Heights

The median gross income for households in Sandia Heights is $102,537 a year, or $8,545 a month. The median rent for the city is $1,194 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Sandia Heights, a household making less than $3,980 a month would be considered overburdened when renting an apartment at or above the median rent. 38.03% of households who rent are overburdened in Sandia Heights.

Area Median Income In Sandia Heights

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 Sandia Heights, the AMI is calculated from all households within Bernalillo County.

In Sandia Heights, HUD calculates the Area Median Income for a family of four as $67,500

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 Sandia Heights

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 Sandia Heights

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 Sandia Heights AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,200 $17,420 $21,960 $26,500 $31,040 $35,580 $40,120 $44,550
50% AMI Income Limits
Renters earning up to 50% of the Sandia Heights AMI may qualify for rental assistance programs that target Very Low Income households.
$23,650 $27,000 $30,400 $33,750 $36,450 $39,150 $41,850 $44,550
80% AMI Income Limits
Renters earning up to 80% of the Sandia Heights AMI may qualify for rental assistance programs that target Low Income households.
$37,800 $43,200 $48,600 $54,000 $58,350 $62,650 $67,000 $71,300