Affordable Housing In Taos County
New Mexico
8 Low Income Apartment Communities In Taos County
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Housing Authorities that serve Taos County
| Housing Authority | Programs |
|---|---|
| Northern Regional Housing Authority | Section 8 Housing Choice Voucher (HCV); Public Housing; Veteran Affairs Supportive Housing (VASH) |
Guide To Affordable Housing in Taos County, New Mexico
There are 8 low income housing apartment communities offering 431 affordable apartments for rent in Taos County, New Mexico.
Income Based Apartments in Taos County, New Mexico
Taos County features 221 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 County, New Mexico
There are 210 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Taos County.
Housing Choice Vouchers in Taos County, New Mexico
On average, Section 8 Housing Choice vouchers pay Taos County landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Taos County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Taos County, New Mexico for a two-bedroom apartment is between $828 and $1,012.
2021 Taos County, 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 | |
|---|---|---|---|---|---|
| Taos County, New Mexico Fair Market Rent | $756 | $760 | $920 | $1,144 | $1,593 |
| Taos County, New Mexico Payment Standard Range | $680 to $832 | $684 to $836 | $828 to $1,012 | $1,030 to $1,258 | $1,434 to $1,752 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Taos County, NM Affordable Housing Snapshot
| Total Affordable Apartment Properties | 8 |
|---|---|
| Total Low Income Apartments | 431 |
| Total Housing Units with Rental Assistance | 221 |
| Percentage of Housing Units Occupied By Renters | 27.9% |
| Average Renter Household Size | 2.24 |
| Average Household Size | 2.44 |
| Median Household Income | $36,582 ±$4,167 |
| Median Rent | $732 ±$60 |
| Percentage Of Renters Overburdened | 52.3% ± 6.63pp |
| Total Population | 32,943 |
Population and Household Demographics
Taos County is a county in New Mexico with a population of 32,943. There are 13,224 households in the county with an average household size of 2.44 persons. 27.9% of households in Taos County are renters.
Income and Rent Overburden in Taos County
The median gross income for households in Taos County is $36,582 a year, or $3,049 a month. The median rent for the county is $732 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Taos County, a household making less than $2,440 a month would be considered overburdened when renting an apartment at or above the median rent. 52.3% of households who rent are overburdened in Taos County.
Area Median Income In Taos County
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.
In Taos County, HUD calculates the Area Median Income for a family of four as $48,800
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 Taos County
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 Taos County
| 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 Taos County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$12,760 | $17,240 | $21,720 | $26,200 | $29,650 | $31,850 | $34,050 | $36,250 |
| 50% AMI Income Limits Renters earning up to 50% of the Taos County AMI may qualify for rental assistance programs that target Very Low Income households. |
$19,250 | $22,000 | $24,750 | $27,450 | $29,650 | $31,850 | $34,050 | $36,250 |
| 80% AMI Income Limits Renters earning up to 80% of the Taos County AMI may qualify for rental assistance programs that target Low Income households. |
$30,750 | $35,150 | $39,550 | $43,900 | $47,450 | $50,950 | $54,450 | $57,950 |
Cities In Taos County
Select A City to View its Apartment Communities and Waiting Lists.
| City | Served By |
|---|---|
| Arroyo Hondo | The HUD funded Public Housing Agency that serves Arroyo Hondo is the Northern Regional Housing Authority. |
| Arroyo Seco | The HUD funded Public Housing Agency that serves Arroyo Seco is the Northern Regional Housing Authority. |
| Chamisal | The HUD funded Public Housing Agency that serves Chamisal is the Northern Regional Housing Authority. |
| Costilla | The HUD funded Public Housing Agency that serves Costilla is the Northern Regional Housing Authority. |
| Peñasco | The HUD funded Public Housing Agency that serves Peñasco is the Northern Regional Housing Authority. |
| Picuris Pueblo | The HUD funded Public Housing Agency that serves Picuris Pueblo is the Northern Regional Housing Authority. |
| Questa | The HUD funded Public Housing Agency that serves Questa is the Northern Regional Housing Authority. |
| Ranchos de Taos | The HUD funded Public Housing Agency that serves Ranchos de Taos is the Northern Regional Housing Authority. |
| Red River | The HUD funded Public Housing Agency that serves Red River is the Northern Regional Housing Authority. |
| Rio Lucio | The HUD funded Public Housing Agency that serves Rio Lucio is the Northern Regional Housing Authority. |
| San Cristobal | The HUD funded Public Housing Agency that serves San Cristobal is the Northern Regional Housing Authority. |
| Talpa | The HUD funded Public Housing Agency that serves Talpa is the Northern Regional Housing Authority. |
| Taos | The HUD funded Public Housing Agency that serves Taos is the Northern Regional Housing Authority. |
| Taos Pueblo | The HUD funded Public Housing Agency that serves Taos Pueblo is the Northern Regional Housing Authority. |
| Taos Ski Valley | The HUD funded Public Housing Agency that serves Taos Ski Valley is the Northern Regional Housing Authority. |
| Vadito | The HUD funded Public Housing Agency that serves Vadito is the Northern Regional Housing Authority. |
