Affordable Housing In Santa Fe
Santa Fe County, New Mexico

34 Low Income Apartment Communities In Santa Fe

Las Palomas Apartments

2001 Hopewell Street
Santa Fe, New Mexico
$600-772
Studio-2 BR

Soleras Station

4804 Rail Runner Rd
Santa Fe, New Mexico
Call For Rent
1-3 BR

Villa Hermosa

1510 Luisa St
Santa Fe, New Mexico
Call For Rent
1-2 BR
62+

Villa Consuelo Apartments

1200 Camino Consuelo
Santa Fe, New Mexico
Call For Rent
1 BR
Subsidized

Villas De San Ignacio

4499 San Ignacio
Santa Fe, New Mexico
$733-992
1-3 BR

Tres Santos Apartments (Sunset View Senior Apartments)

1899 Pacheco St
Santa Fe, New Mexico
$755-896
1-2 BR

Villa Alegre Family

200 Villa Alegre St
Santa Fe, New Mexico
Call For Rent
2-3 BR

Santa Fe Community Living (Rad)

664 Alta Vista St
Santa Fe, New Mexico
Call For Rent
1-2 BR
Subsidized

San Tierra Apartments

3991 Camino Juliana
Santa Fe, New Mexico
$783-1,100
2-3 BR

Village Sage Apartments

5951 Larson Loop
Santa Fe, New Mexico
Call For Rent
1-3 BR

Section 8 Vouchers, Apartments, and Waiting Lists in Santa Fe, 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 Santa Fe, New Mexico

Housing Authority Programs
Santa Fe Civic Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Housing Authority of the County of Santa Fe Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Santa Fe, New Mexico

There are 34 low income housing apartment communities offering 3,226 affordable apartments for rent in Santa Fe, New Mexico.

Income Based Apartments in Santa Fe, New Mexico

Santa Fe features 909 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 Santa Fe, New Mexico

There are 2,257 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Santa Fe.

Housing Choice Vouchers in Santa Fe, New Mexico

On average, Section 8 Housing Choice vouchers pay Santa Fe landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Santa Fe.

The maximum amount a voucher would pay on behalf of a low-income tenant in Santa Fe, New Mexico for a two-bedroom apartment is between $1,002 and $1,224.

2022 Santa Fe, 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
Santa Fe, New Mexico Fair Market Rent $842 $975 $1,113 $1,419 $1,729
Santa Fe, New Mexico Payment Standard Range $758 to $926 $878 to $1,073 $1,002 to $1,224 $1,277 to $1,561 $1,556 to $1,902

Sourced from federal housing data and AffordableHousingOnline.com research.

Santa Fe, NM Affordable Housing Snapshot

Total Affordable Apartment Properties 34
Total Low Income Apartments 3,226
Total Housing Units with Rental Assistance 909
Percentage of Housing Units Occupied By Renters 38.54%
Average Renter Household Size 2.19
Average Household Size 2.29
Median Household Income $50,737 ±$1,409
Median Rent $952 ±$18
Percentage Of Renters Overburdened 48.29% ± 3.09pp
Total Population 83,008

Population and Household Demographics

Santa Fe is a city in Santa Fe County, New Mexico with a population of 83,008. There are 35,592 households in the city with an average household size of 2.29 persons. 38.54% of households in Santa Fe are renters.

Income and Rent Overburden in Santa Fe

The median gross income for households in Santa Fe is $50,737 a year, or $4,228 a month. The median rent for the city is $952 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Santa Fe, a household making less than $3,173 a month would be considered overburdened when renting an apartment at or above the median rent. 48.29% of households who rent are overburdened in Santa Fe.

Area Median Income In Santa Fe

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 Santa Fe, the AMI is calculated from all households within Santa Fe County.

In Santa Fe, HUD calculates the Area Median Income for a family of four as $80,600

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 Santa Fe

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 Santa Fe

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 Santa Fe AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,950 $19,400 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Santa Fe AMI may qualify for rental assistance programs that target Very Low Income households.
$28,250 $32,250 $36,300 $40,300 $43,550 $46,750 $50,000 $53,200
80% AMI Income Limits
Renters earning up to 80% of the Santa Fe AMI may qualify for rental assistance programs that target Low Income households.
$45,150 $51,600 $58,050 $64,500 $69,700 $74,850 $80,000 $85,150