Affordable Housing In Sandoval County
New Mexico
6 Low Income Apartment Communities In Sandoval County
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Housing Authorities that serve Sandoval County
| Housing Authority | Programs |
|---|---|
| Northern Regional Housing Authority | Section 8 Housing Choice Voucher (HCV); Public Housing; Veteran Affairs Supportive Housing (VASH) |
Guide To Affordable Housing in Sandoval County, New Mexico
There are 6 low income housing apartment communities offering 251 affordable apartments for rent in Sandoval County, New Mexico.
Income Based Apartments in Sandoval County, New Mexico
Sandoval County features 190 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 $846 and $1,034.
2021 Sandoval County, 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 | |
|---|---|---|---|---|---|
| Fair Market Rent | $621 | $770 | $940 | $1,345 | $1,617 |
| 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.
Sandoval County, NM Affordable Housing Snapshot
| Total Affordable Apartment Properties | 6 |
|---|---|
| Total Low Income Apartments | 251 |
| Total Housing Units with Rental Assistance | 190 |
| Percentage of Housing Units Occupied By Renters | 18.94% |
| Average Renter Household Size | 2.82 |
| Average Household Size | 2.83 |
| Median Household Income | $58,982 ±$1,834 |
| Median Rent | $1,022 ±$41 |
| Percentage Of Renters Overburdened | 44.86% ± 3.85pp |
| Total Population | 136,638 |
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.
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 $69,100
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 HUD Rental Assistance in Sandoval County
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% of Median | $14,550 | $17,240 | $21,720 | $26,200 | $30,680 | $35,160 | $39,640 | $44,120 |
| 50% of Median | $24,200 | $27,650 | $31,100 | $34,550 | $37,350 | $40,100 | $42,850 | $45,650 |
| 80% of Median | $38,750 | $44,250 | $49,800 | $55,300 | $59,750 | $64,150 | $68,600 | $73,000 |
Cities In Sandoval County
Select A City to View its Apartment Communities and Waiting Lists.
| City | Served By |
|---|---|
| Algodones | The HUD funded Public Housing Agency that serves Algodones is the Northern Regional Housing Authority. |
| Bernalillo | The HUD funded Public Housing Agency that serves Bernalillo is the Northern Regional Housing Authority. |
| Cañon | The HUD funded Public Housing Agency that serves Cañon is the Northern Regional Housing Authority. |
| Cochiti | The HUD funded Public Housing Agency that serves Cochiti is the Northern Regional Housing Authority. |
| Cochiti Lake | The HUD funded Public Housing Agency that serves Cochiti Lake is the Northern Regional Housing Authority. |
| Corrales | The HUD funded Public Housing Agency that serves Corrales is the Northern Regional Housing Authority. |
| Cuba | The HUD funded Public Housing Agencies that serve Cuba are the Housing Authority of the Village of Cuba and Northern Regional Housing Authority. |
| Jemez Pueblo | The HUD funded Public Housing Agency that serves Jemez Pueblo is the Northern Regional Housing Authority. |
| Jemez Springs | The HUD funded Public Housing Agency that serves Jemez Springs is the Northern Regional Housing Authority. |
| La Cueva | The HUD funded Public Housing Agency that serves La Cueva is the Northern Regional Housing Authority. |
| La Jara | The HUD funded Public Housing Agency that serves La Jara is the Northern Regional Housing Authority. |
| Peña Blanca | The HUD funded Public Housing Agency that serves Peña Blanca is the Northern Regional Housing Authority. |
| Placitas | The HUD funded Public Housing Agency that serves Placitas is the Northern Regional Housing Authority. |
| Ponderosa | The HUD funded Public Housing Agency that serves Ponderosa is the Northern Regional Housing Authority. |
| Pueblo of Sandia Village | The HUD funded Public Housing Agency that serves Pueblo of Sandia Village is the Northern Regional Housing Authority. |
| Regina | The HUD funded Public Housing Agency that serves Regina is the Northern Regional Housing Authority. |
| San Felipe Pueblo | The HUD funded Public Housing Agency that serves San Felipe Pueblo is the Northern Regional Housing Authority. |
| San Luis | The HUD funded Public Housing Agency that serves San Luis is the Northern Regional Housing Authority. |
| San Ysidro | The HUD funded Public Housing Agency that serves San Ysidro is the Northern Regional Housing Authority. |
| Santa Ana Pueblo | The HUD funded Public Housing Agency that serves Santa Ana Pueblo is the Northern Regional Housing Authority. |
| Santo Domingo Pueblo | The HUD funded Public Housing Agency that serves Santo Domingo Pueblo is the Northern Regional Housing Authority. |
| Torreon | The HUD funded Public Housing Agency that serves Torreon is the Northern Regional Housing Authority. |
| Zia Pueblo | The HUD funded Public Housing Agency that serves Zia Pueblo is the Northern Regional Housing Authority. |
