Cheap Apartments In Union County
New Mexico

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There are 2 low income housing apartment complexes which contain 75 affordable apartments for rent in Union County, New Mexico. Many of these rental apartments are income based housing with about 50 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 0 Project-Based Section 8 subsidized apartments in Union County. There are 50 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Housing Authorities that serve Union County

The Eastern Regional Housing Authority is a Section 8 and Public Housing public housing agency in Roswell, New Mexico.

Other Housing Authorities located in Union County

The Housing Authority of the Town of Clayton is a Public Housing public housing agency in Clayton, New Mexico.

Understanding Affordable Housing in Union County, New Mexico

Union County, NM Affordable Housing Snapshot

Total Affordable Apartment Properties2
Total Low Income Apartments75
Total Rent Assisted Apartments50
Percentage of Housing Units Occupied By Renters35.28%
Average Renter Household Size2.38
Total Population4,339
Housing Units1,559
Average Household Size2.39
Median Household Income$36,070 ±$2,676
Median Rent$646 ±$121
Percentage Of Renters Overburdened30.18% ± 10.55pp

Population and Household Demographics

Union County is a County in New Mexico with a population of 4,339. There are 1,559 households in the county with an average household size of 2.39 persons. 35.28% of households in Union County are renters.

Income and Rent Overburden in Union County

The median gross income for households in Union County is $36,070 a year, or $3,006 a month. The median rent for the county is $646 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Union County, a household making less than $2,153 a month would be considered overburdened when renting an apartment at or above the median rent.30.18% of households who rent are overburdened in Union County.1

Data derived from 2010 Census and 2015 5-Year American Community Survey. Learn More.
1 Margin of Error: ± 10.55 percentage points.

Area Median Income In Union 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 Union County, HUD calculates the Area Median Income for a family of four as $53,000

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 Union 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 Union County HUD Rental Assistance in Union County

AMI Band1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person
30%$12,140$16,460$20,780$25,100$29,000$31,150$33,300$35,450
50%$18,800$21,500$24,200$26,850$29,000$31,150$33,300$35,450
80%$30,100$34,400$38,700$42,950$46,400$49,850$53,300$56,700

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 Union County

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

From 2003 to 2003, 1 low income apartment communities containing 25 rental apartments have been constructed and made affordable to low income persons in Union County by the Low Income Housing Tax Credit Program.

You can identify apartment communities that participate in the program in Union 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.

Income Qualifications for Low Income Housing Tax Credit Apartments in Union County

AMI Band1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person
50%$18,800$21,500$24,200$26,850$29,000$31,150$33,300$35,450
60%$22,560$25,800$29,040$32,220$34,800$37,380$39,960$42,540

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 Union County is $29,040 a year, or $2,420 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,420 by 30% to get a maximum rent of $726 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 AMIStudio1 Bed2 Bed3 Bed4 Bed5 Bed
50%$470$504$605$698$779$859
60%$564$605$726$838$935$1,031
Fair Market Rents in Union County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2018 Fair Market Rents
StudioOne BRTwo BRThree BRFour BR
$521$524$697$1,014$1,074

Cities In Union County

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

CityListingsServed By
Clayton2The HUD funded Public Housing Agency that serves Clayton is the Housing Authority of the Town of Clayton.
Capulin0
Des Moines0
Folsom0
Grenville0