Low Income Apartments and Affordable Housing For Rent in Santa Fe, NM

Discover affordable housing in Santa Fe where there are 36+ 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.

Las Palomas Apartments

2001 Hopewell Street, Santa Fe, New Mexico 87505

bed Studio-2
payment $600-772/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Villa Consuelo Apartments

1200 Camino Consuelo, Santa Fe, New Mexico 87507

bed 1
payment Subsidized

Santa Fe Community Living (Rad)

664 Alta Vista St, Santa Fe, New Mexico 87505

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible

Soleras Station

4804 Rail Runner Rd, Santa Fe, New Mexico 87507

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Villas De San Ignacio

4499 San Ignacio, Santa Fe, New Mexico 87507

bed 1-3
payment $733-992/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Villa Hermosa

1510 Luisa St, Santa Fe, New Mexico 87505

bed 1-2
payment Subsidized

Encino Villa

1501 Montano St, Santa Fe, New Mexico 87505

payment Subsidized

Challenge New Mexico Group Home Two

1868 Vista del Sur, Santa Fe, New Mexico 87505

switch_access_shortcut Short Wait

Challenge New Mexico Group Home One

1888 Calle Quedo, Santa Fe, New Mexico 87505

switch_access_shortcut Short Wait

Challenge New Mexico Svcs for Hdcp

631 Agua Fria St, Santa Fe, New Mexico 87501

switch_access_shortcut Short Wait

Casa Milagro

49 Camino Bajo, Santa Fe, New Mexico 87508

payment Subsidized
accessibility Accessible
accessible_forward Disability

Sierra Blanca Apartments

2961 Galisteo Rd, Santa Fe, New Mexico 87505

bed Studio
payment $1100/mo.

1450 Cerrillos Rd

1450 Cerrillos Rd, Santa Fe, New Mexico 87505

bed 1
payment $1150/mo.

Ventana De Vida Senior Apartments

1500 Pacheco St, Santa Fe, New Mexico 87505

switch_access_shortcut Short Wait
accessibility Accessible

The Bluffs at Tierra Contenta

6600 Jaguar Dr, Santa Fe, New Mexico 87507

switch_access_shortcut Short Wait
accessibility Accessible

The Tuscany at St Francis

2218 Miguel Chavez Rd, Santa Fe, New Mexico 87505

switch_access_shortcut Short Wait
accessibility Accessible

Evergreen Apartments

2020 Calle Lorca, Santa Fe, New Mexico 87505

switch_access_shortcut Short Wait
accessibility Accessible

Santa Fe, City Of

2325 Cerrillos Rd, Santa Fe, New Mexico 87505

switch_access_shortcut Short Wait
accessibility Accessible

Vista Linda Apartments

6332 Entrada de Milagro, Santa Fe, New Mexico 87507

switch_access_shortcut Short Wait
accessibility Accessible

Paseo Del Sol Apartments

4551 Paseo del Sol, Santa Fe, New Mexico 87507

switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Santa Fe, New Mexico

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
calendar_today Opened: Jan 10
calendar_today Closes: Dec 4,

Reported On July 9th, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Santa Fe, New Mexico
$29.07/hour
$17.07 (+142%) more than New Mexico minimum wage and $21.82 (+301%) more than the Federal minimum wage.
Learn More About Santa Fe, New Mexico Affordable Housing ↓

What HUD offices serve 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Santa Fe, New Mexico.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Santa Fe, New Mexico.

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

How many renters live in Santa Fe, New Mexico?

The City of Santa Fe has people living in households.

There are renters living in renter households in this City. Renters make up 32.15 percent of the population living in Santa Fe.

What is the rental market like in Santa Fe, New Mexico?

There are an estimated housing units in the Santa Fe area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Santa Fe, New Mexico, there are 1.05 rental units.

What is the vacancy rate for rentals in Santa Fe?

The rental vacancy rate in Santa Fe is 4 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Santa Fe for each bedroom size?

Occupied Rental Units by Size in Santa Fe
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,313 5,389 6,356 3,645 252
Occupied Rental Units by Size in Santa Fe

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

How Much Is Rent in Santa Fe

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,171 to $2,044. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,171
One BR $1,317
Two BR $1,535
Three BR $1,960
Four BR $2,044
2024 Fair Market Rents in Santa Fe, New Mexico

How many units are rented at Fair Market Rent (FMR) in Santa Fe?

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 863 66 percent
One BR 3,541 66 percent
Two BR 3,062 48 percent
Rental Units Below FMR in Santa Fe, New Mexico

How many affordable rental units are in Santa Fe?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Santa Fe, New Mexico

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

Income Based Apartments in Santa Fe, New Mexico

Santa Fe features 677 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 1,989 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 $1,382 and $1,689.

Sourced from federal housing data and AffordableHousingOnline.com research.

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