Low Income Apartments and Affordable Housing For Rent in Guadalupe County, NM

Discover affordable housing in Guadalupe County where there are 3+ 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.

Santa Rosa Apartments

155 Palm Ave, Santa Rosa, New Mexico 88435

Cinnamon Ridge Apartments

3725 Historic Route 66, Santa Rosa, New Mexico 88435

Rio Pecos Estates

1005 McCarley Loop, Santa Rosa, New Mexico 88435

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Guadalupe County, New Mexico
$16.61/hour
$4.61 (+38%) more than New Mexico minimum wage and $9.36 (+129%) more than the Federal minimum wage.
Learn More About Guadalupe County, New Mexico Affordable Housing ↓

What HUD offices serve Guadalupe County, 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 programs for Guadalupe County, New Mexico.

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

How many renters live in Guadalupe County, New Mexico?

The County of Guadalupe County has 4,413 people living in 1,295 households.

There are 924 renters living in 282 renter households in this County. Renters make up 20.94 percent of the population living in Guadalupe County.

What is the rental market like in Guadalupe County, New Mexico?

There are an estimated 2,162 housing units in the Guadalupe County area. Of these, 321 units are rental homes, making up 15 percent of the housing market. For every renter household in Guadalupe County, New Mexico, there are 1 rental units.

What is the vacancy rate for rentals in Guadalupe County?

The rental vacancy rate in Guadalupe County is 7 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 Guadalupe County for each bedroom size?

Occupied Rental Units by Size in Guadalupe County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
5 66 77 108 26
Occupied Rental Units by Size in Guadalupe County

A large number of apartments in Guadalupe County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Guadalupe County are overburdened by housing costs?

Among renter households in this market, 27 percent have housing cost burden. Further, 6 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Guadalupe County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $627 to $1,488. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $627
One BR $767
Two BR $877
Three BR $1,236
Four BR $1,488
2024 Fair Market Rents in Guadalupe County, New Mexico

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

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 0 100 percent
One BR 60 91 percent
Two BR 56 73 percent
Rental Units Below FMR in Guadalupe County, New Mexico

How many affordable rental units are in Guadalupe County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 18
Public Housing 20
Section 8 Project-Based Rental Assistance 90
Section 202 Supportive Housing for the Elderly 19
USDA Section 515 Rural Rental Housing 42
Tracked Units by Federal Program in Guadalupe County, New Mexico

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

Income Based Apartments in Guadalupe County, New Mexico

Guadalupe County features 92 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 Guadalupe County, New Mexico

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Guadalupe County.

Housing Choice Vouchers in Guadalupe County, New Mexico

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Guadalupe County, New Mexico for a two-bedroom apartment is between $789 and $965.

Sourced from federal housing data and AffordableHousingOnline.com research.