Low Income Apartments and Affordable Housing For Rent in Shiprock, NM

Discover affordable housing in Shiprock where there are 2+ 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.

Shiprock & Napi

71 Candle Light, Shiprock, New Mexico 87420

Chaco River Apartments l & ll

Hwy 491 And Navajo Dr, Shiprock, New Mexico 87420

How To Identify Affordable Housing in Shiprock, 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.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Shiprock, New Mexico
$7.17 (+60%) more than New Mexico minimum wage and $11.92 (+164%) more than the Federal minimum wage.
Learn More About Shiprock, New Mexico Affordable Housing ↓

What HUD offices serve Shiprock, 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) programs for Shiprock, New Mexico.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Veteran Affairs Supportive Housing (VASH) programs for Shiprock, New Mexico.

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

How many renters live in Shiprock, New Mexico?

The City of Shiprock has people living in households.

There are renters living in renter households in this City. Renters make up 42.16 percent of the population living in Shiprock.

What is the rental market like in Shiprock, New Mexico?

There are an estimated housing units in the Shiprock area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Shiprock, New Mexico, there are 1.04 rental units.

What is the vacancy rate for rentals in Shiprock?

The rental vacancy rate in Shiprock is 2 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 Shiprock for each bedroom size?

Occupied Rental Units by Size in Shiprock
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
93 59 245 649 55
Occupied Rental Units by Size in Shiprock

A large number of apartments in Shiprock 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 Shiprock

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $843 to $1,526. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $843
One BR $847
Two BR $1,012
Three BR $1,426
Four BR $1,526
2024 Fair Market Rents in Shiprock, New Mexico

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

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 70 75 percent
One BR 47 80 percent
Two BR 181 74 percent
Rental Units Below FMR in Shiprock, New Mexico

How many affordable rental units are in Shiprock?

Income Based Apartments in Shiprock, New Mexico

Shiprock features 271 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 Shiprock, New Mexico

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Shiprock.

Housing Choice Vouchers in Shiprock, New Mexico

On average, Section 8 Housing Choice vouchers pay Shiprock landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Shiprock.

The maximum amount a voucher would pay on behalf of a low-income tenant in Shiprock, New Mexico for a two-bedroom apartment is between $911 and $1,113.

Sourced from federal housing data and AffordableHousingOnline.com research.