What HUD offices serve Santa Rosa, 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.
Go to the New Mexico Public Housing and Low-Income Apartments Waiting Lists page for openings near Santa Rosa.
How many renters live in Santa Rosa, New Mexico?
The City of Santa Rosa has 2,741 people living in 680 households.
There are 496 renters living in 158 renter households in this City. Renters make up 18.1 percent of the population living in Santa Rosa.
What is the rental market like in Santa Rosa, New Mexico?
There are an estimated 1,071 housing units in the Santa Rosa area. Of these, 190 units are rental homes, making up 18 percent of the housing market. For every renter household in Santa Rosa, New Mexico, there are 1 rental units.
What is the vacancy rate for rentals in Santa Rosa?
The rental vacancy rate in Santa Rosa is 8 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Santa Rosa for each bedroom size?
Occupied Rental Units by Size in Santa Rosa
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 4 | 60 | 66 | 28 | 0 |
Occupied Rental Units by Size in Santa Rosa
A large number of apartments in Santa Rosa have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Santa Rosa are overburdened by housing costs?
Among renter households in this market, 39 percent have housing cost burden. Further, 6 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Santa Rosa
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $627 to $1,488. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $627 |
| One BR | $767 |
| Two BR | $877 |
| Three BR | $1,236 |
| Four BR | $1,488 |
2024 Fair Market Rents in Santa Rosa, New Mexico
How many units are rented at Fair Market Rent (FMR) in Santa Rosa?
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 | 0 | 100 percent |
| One BR | 54 | 90 percent |
| Two BR | 49 | 74 percent |
Rental Units Below FMR in Santa Rosa, New Mexico
How many affordable rental units are in Santa Rosa?
There are a variety of federal affordable housing programs serving households in Santa Rosa, New Mexico including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 18 |
| Section 8 Project-Based Rental Assistance | 90 |
| Section 202 Supportive Housing for the Elderly | 19 |
| USDA Section 515 Rural Rental Housing | 42 |
Tracked Units by Federal Program in Santa Rosa, New Mexico
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Santa Rosa, New Mexico
Santa Rosa features 92 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 Rosa, New Mexico
There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Santa Rosa.
Housing Choice Vouchers in Santa Rosa, New Mexico
On average, Section 8 Housing Choice vouchers pay Santa Rosa landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Santa Rosa.
The maximum amount a voucher would pay on behalf of a low-income tenant in Santa Rosa, New Mexico for a two-bedroom apartment is between $789 and $965.
Sourced from federal housing data and AffordableHousingOnline.com research.
