Cheap Apartments In Sandoval County
New Mexico

Sd - Y2k

Parcel E of I-22 W of Domingo
Santo Domingo Pueblo, NM
HCV Welcome

800 Calle Los Mayores

800 Calle Los Mayores
Bernalillo, NM

Villa Elena Apartments

201 Villa Elena Ln
Bernalillo, NM
Subsidized

Steve Gurule

02 Rainbow Loop
Cuba, NM

Q U Max Apartments

47 Miera
Cuba, NM
Subsidized
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There are 5 low income housing apartment complexes which contain 210 affordable apartments for rent in Sandoval County, New Mexico. Many of these rental apartments are income based housing with about 190 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 0 Project-Based Section 8 subsidized apartments in Sandoval County. There are 160 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Housing Authorities that serve Sandoval County

The Northern Regional Housing Authority is a Section 8 and Public Housing public housing agency in Taos, New Mexico.

Other Housing Authorities located in Sandoval County

The Town of Bernalillo Dept of Housing Services is a Section 8 and Public Housing public housing agency in Bernalillo, New Mexico.

The Housing Authority of the Village of Cuba is a Section 8 and Public Housing public housing agency in Cuba, New Mexico.

Understanding Affordable Housing in Sandoval County, New Mexico

Sandoval County, NM Affordable Housing Snapshot

Total Affordable Apartment Properties5
Total Low Income Apartments210
Total Rent Assisted Apartments190
Percentage of Housing Units Occupied By Renters18.94%
Average Renter Household Size2.82
Total Population136,638
Housing Units47,931
Average Household Size2.83
Median Household Income$58,982 ±$1,834
Median Rent$1,022 ±$41
Percentage Of Renters Overburdened44.86% ± 3.85pp

Population and Household Demographics

Sandoval County is a County in New Mexico with a population of 136,638. There are 47,931 households in the county with an average household size of 2.83 persons. 18.94% of households in Sandoval County are renters.

Income and Rent Overburden in Sandoval County

The median gross income for households in Sandoval County is $58,982 a year, or $4,915 a month. The median rent for the county is $1,022 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Sandoval County, a household making less than $3,407 a month would be considered overburdened when renting an apartment at or above the median rent.44.86% of households who rent are overburdened in Sandoval County.1

Data derived from 2010 Census and 2015 5-Year American Community Survey. Learn More.
1 Margin of Error: ± 3.85 percentage points.

Area Median Income In Sandoval County

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.

In Sandoval County, HUD calculates the Area Median Income for a family of four as $65,000

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 Sandoval County

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 Sandoval County HUD Rental Assistance in Sandoval County

AMI Band1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person
30%$13,650$16,460$20,780$25,100$29,420$33,740$38,060$42,380
50%$22,750$26,000$29,250$32,500$35,100$37,700$40,300$42,900
80%$36,400$41,600$46,800$52,000$56,200$60,350$64,500$68,650

You can identify apartment communities that participate in a program that provides rental assistance by looking for the tags in the apartment list above. View Apartments.

Low Income Housing Tax Credits in Sandoval County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 2000 to 2000, 2 low income apartment communities containing 73 rental apartments have been constructed and made affordable to low income persons in Sandoval County by the Low Income Housing Tax Credit Program.

You can identify apartment communities that participate in the program in Sandoval County by looking for the tag in the apartment list above. View Apartments.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Sandoval County

AMI Band1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person
50%$22,750$26,000$29,250$32,500$35,100$37,700$40,300$42,900
60%$27,300$31,200$35,100$39,000$42,120$45,240$48,360$51,480

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Sandoval County is $35,100 a year, or $2,925 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,925 by 30% to get a maximum rent of $878 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMIStudio1 Bed2 Bed3 Bed4 Bed5 Bed
50%$569$609$731$845$943$1,040
60%$683$731$878$1,014$1,131$1,248
Fair Market Rents in Sandoval County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2018 Fair Market Rents
StudioOne BRTwo BRThree BRFour BR
$557$707$873$1,270$1,513

Cities In Sandoval County

Select A City to View its Apartment Communities and Waiting Lists.

CityListingsServed By
Bernalillo2The HUD funded Public Housing Agencies that serve Bernalillo are the Town of Bernalillo Dept of Housing Services and Northern Regional Housing Authority.
Cuba2The HUD funded Public Housing Agencies that serve Cuba are the Housing Authority of the Village of Cuba and Northern Regional Housing Authority.
Santo Domingo Pueblo1The HUD funded Public Housing Agency that serves Santo Domingo Pueblo is the Northern Regional Housing Authority.
Algodones0The HUD funded Public Housing Agency that serves Algodones is the Northern Regional Housing Authority.
Cañon0The HUD funded Public Housing Agency that serves Cañon is the Northern Regional Housing Authority.
Cochiti0The HUD funded Public Housing Agency that serves Cochiti is the Northern Regional Housing Authority.
Cochiti Lake0The HUD funded Public Housing Agency that serves Cochiti Lake is the Northern Regional Housing Authority.
Corrales0The HUD funded Public Housing Agency that serves Corrales is the Northern Regional Housing Authority.
Jemez Pueblo0The HUD funded Public Housing Agency that serves Jemez Pueblo is the Northern Regional Housing Authority.
Jemez Springs0The HUD funded Public Housing Agency that serves Jemez Springs is the Northern Regional Housing Authority.
La Cueva0The HUD funded Public Housing Agency that serves La Cueva is the Northern Regional Housing Authority.
La Jara0The HUD funded Public Housing Agency that serves La Jara is the Northern Regional Housing Authority.
Peña Blanca0The HUD funded Public Housing Agency that serves Peña Blanca is the Northern Regional Housing Authority.
Placitas0The HUD funded Public Housing Agency that serves Placitas is the Northern Regional Housing Authority.
Ponderosa0The HUD funded Public Housing Agency that serves Ponderosa is the Northern Regional Housing Authority.
Pueblo of Sandia Village0The HUD funded Public Housing Agency that serves Pueblo of Sandia Village is the Northern Regional Housing Authority.
Regina0The HUD funded Public Housing Agency that serves Regina is the Northern Regional Housing Authority.
San Felipe Pueblo0The HUD funded Public Housing Agency that serves San Felipe Pueblo is the Northern Regional Housing Authority.
San Luis0The HUD funded Public Housing Agency that serves San Luis is the Northern Regional Housing Authority.
Santa Ana Pueblo0The HUD funded Public Housing Agency that serves Santa Ana Pueblo is the Northern Regional Housing Authority.
San Ysidro0The HUD funded Public Housing Agency that serves San Ysidro is the Northern Regional Housing Authority.
Torreon0The HUD funded Public Housing Agency that serves Torreon is the Northern Regional Housing Authority.
Zia Pueblo0The HUD funded Public Housing Agency that serves Zia Pueblo is the Northern Regional Housing Authority.