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

Discover affordable housing in Taos where there are 7+ 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.

El Cerrito Apartments

250 Paseo del Canon E, Taos, New Mexico 87571

Loma Parda

1200 Camino de La Cruz, Taos, New Mexico 87571

Tierra Montosa Apartments

750 Gusdorf Rd, Taos, New Mexico 87571

Mariposa Apartments

201 Mariposa Place, Taos, New Mexico 87571

bed 1-2

Vista Del Sur Pud Coner

Vista del Sur Pud Corner of Charnis, Taos, New Mexico 87571

Operation Breakthrough

102 Gusdorf Pl, Taos, New Mexico 87571

New Mexico

400 Weimer Rd, Taos, New Mexico 87571

How To Identify Affordable Housing in Taos, 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 Taos, New Mexico
$7.89 (+66%) more than New Mexico minimum wage and $12.64 (+174%) more than the Federal minimum wage.
Learn More About Taos, New Mexico Affordable Housing ↓

What HUD offices serve Taos, 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, Veteran Affairs Supportive Housing (VASH) programs for Taos, New Mexico.

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

How many renters live in Taos, New Mexico?

The City of Taos has people living in households.

There are renters living in renter households in this City. Renters make up 42.4 percent of the population living in Taos.

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

There are an estimated housing units in the Taos area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Taos, New Mexico, there are 1.23 rental units.

What is the vacancy rate for rentals in Taos?

The rental vacancy rate in Taos is 17 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 Taos for each bedroom size?

Occupied Rental Units by Size in Taos
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
123 311 414 294 25
Occupied Rental Units by Size in Taos

A large number of apartments in Taos 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 Taos

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $845 to $1,782. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $845
One BR $921
Two BR $1,050
Three BR $1,375
Four BR $1,782
2024 Fair Market Rents in Taos, New Mexico

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

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 102 83 percent
One BR 190 61 percent
Two BR 173 42 percent
Rental Units Below FMR in Taos, New Mexico

How many affordable rental units are in Taos?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Taos, New Mexico

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

Income Based Apartments in Taos, New Mexico

Taos features 243 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 Taos, New Mexico

There are 136 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Taos.

Housing Choice Vouchers in Taos, New Mexico

On average, Section 8 Housing Choice vouchers pay Taos landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Taos.

The maximum amount a voucher would pay on behalf of a low-income tenant in Taos, New Mexico for a two-bedroom apartment is between $945 and $1,155.

Sourced from federal housing data and AffordableHousingOnline.com research.