Affordable Housing In Torrance County
New Mexico

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There are 2 low income housing apartment complexes which contain 56 affordable apartments for rent in Torrance County, New Mexico. Many of these rental apartments are income based housing with about 28 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 0 Project-Based Section 8 subsidized apartments in Torrance County. There are 56 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

The HUD funded Public Housing Agency that serves Torrance County is the Western Regional Housing Authority.

Affordable Apartments in Torrance County

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Maple Ave
Moriarty, New Mexico
Depot Apartments is a 28 unit low income housing apartment community in Moriarty.
Apartments in this community are not rent subsidized. However, this apartment community has rents considered affordable for low income families in Moriarty.
Low Income Housing Tax Credit
Accepts Housing Choice Vouchers
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701 W Maple
Moriarty, New Mexico
Depot Apartments is a 28 unit low income housing apartment community in Moriarty.
Some or all apartments in this community are rent subsidized, which means rent is income based.
Section 515 Rural Rental Housing
Rural Development Rental Assistance
Project Based Rental Assistance
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Housing Authorities that serve Torrance County

The Western Regional Housing Authority is a Section 8 and Public Housing public housing agency in Silver City, New Mexico.

Other Housing Authorities located in Torrance County

The Housing Authority of the Town of Mountainair is a Section 8 public housing agency in Mountainair, New Mexico.

Understanding Affordable Housing in Torrance County, New Mexico

Torrance County, NM Affordable Housing Snapshot

Total Affordable Apartment Properties2
Total Low Income Apartments56
Total Rent Assisted Apartments28
Percentage of Housing Units Occupied By Renters16.67%
Average Renter Household Size3.44
Total Population15,853
Housing Units5,370
Average Household Size2.81
Median Household Income$32,083 ±$3,004
Median Rent$732 ±$84
Percentage Of Renters Overburdened45.59% ± 7.46pp

Population and Household Demographics

Torrance County is a County in New Mexico with a population of 15,853. There are 5,370 households in the county with an average household size of 2.81 persons. 16.67% of households in Torrance County are renters.

Income and Rent Overburden in Torrance County

The median gross income for households in Torrance County is $32,083 a year, or $2,674 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 Torrance County, a household making less than $2,440 a month would be considered overburdened when renting an apartment at or above the median rent.45.59% of households who rent are overburdened in Torrance County.1

Data derived from 2010 Census and 2015 5-Year American Community Survey. Learn More.
1 Margin of Error: ± 7.46 percentage points.

Area Median Income In Torrance 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 Torrance County, HUD calculates the Area Median Income for a family of four as $61,900

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 Torrance 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.

Torrance County HUD Rental Assistance Income Limits

AMI Band1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person
30%$13,000$16,240$20,420$24,600$28,780$32,960$37,140$40,900
50%$21,700$24,800$27,900$30,950$33,450$35,950$38,400$40,900
80%$34,650$39,600$44,550$49,500$53,500$57,450$61,400$65,350

You can identify apartment communities that participate in a program that provides rental assistance by looking for the tags in the apartment list above. View Apartments.

Low Income Housing Tax Credits in Torrance County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1992 to 1992, 1 low income apartment communities containing 28 rental apartments have been constructed and made affordable to low income persons in Torrance County by the Low Income Housing Tax Credit Program.

You can identify apartment communities that participate in the program in Torrance County by looking for the tag in the apartment list above. View Apartments.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Torrance County Low Income Housing Tax Credit Income Limits

AMI Band1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person
50%$21,700$24,800$27,900$30,950$33,450$35,950$38,400$40,900
60%$26,040$29,760$33,480$37,140$40,140$43,140$46,080$49,080

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Torrance County is $33,480 a year, or $2,790 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,790 by 30% to get a maximum rent of $837 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMIStudio2 Bed3 Bed4 Bed1 Bed5 Bed
50%$543$581$698$805$899$991
60%$651$698$837$966$1,079$1,190

Cities In Torrance County

Select A City to View its Apartment Communities and Waiting Lists.

CityListingsServed By
Moriarty2The HUD funded Public Housing Agency that serves Moriarty is the Western Regional Housing Authority.
Duran0The HUD funded Public Housing Agency that serves Duran is the Western Regional Housing Authority.
Encino0The HUD funded Public Housing Agency that serves Encino is the Western Regional Housing Authority.
Estancia0The HUD funded Public Housing Agency that serves Estancia is the Western Regional Housing Authority.
Indian Hills0The HUD funded Public Housing Agency that serves Indian Hills is the Western Regional Housing Authority.
McIntosh0The HUD funded Public Housing Agency that serves McIntosh is the Western Regional Housing Authority.
Manzano0The HUD funded Public Housing Agency that serves Manzano is the Western Regional Housing Authority.
Mountainair0The HUD funded Public Housing Agency that serves Mountainair is the Western Regional Housing Authority.
Tajique0The HUD funded Public Housing Agency that serves Tajique is the Western Regional Housing Authority.
Torreon0The HUD funded Public Housing Agency that serves Torreon is the Western Regional Housing Authority.
Willard0The HUD funded Public Housing Agency that serves Willard is the Western Regional Housing Authority.