; Low Income Apartments For Rent in Bernalillo County, NM

Apply to Bernalillo County Apartment Waiting Lists

Solar Villas

1135 Texas St NE
Albuquerque, New Mexico
Subsidized
Rent Assisted
PBRA
LIHTC
BMIR
Call For Rent
1 BR

Casa Feliz Apartments

443 Espanola Street Southeast
Albuquerque, New Mexico
Rent Assisted
LIHTC
Call For Rent
Studio-3 BR

Nuevo Atrisco

201 Unser Blvd NW
Albuquerque, New Mexico
Rent Assisted
LIHTC
HOME
Call For Rent
Studio-3 BR

Cuatro Apartments

1319 4Th St
Albuquerque, New Mexico
Rent Assisted
LIHTC
Call For Rent
Studio-2 BR

Villa Esperanza

3901 Lafayette Dr NE
Albuquerque, New Mexico
Subsidized
Rent Assisted
PBRA
LIHTC
BMIR
S236

Sandia Vista Apartments

901 Tramway Blvd NE
Albuquerque, New Mexico
Subsidized
Rent Assisted
PBRA
LIHTC
BMIR
S236

Brentwood Gardens Apartments

6302 Harper Pl NE
Albuquerque, New Mexico
Subsidized
Rent Assisted
PBRA
LIHTC

Luminaria Senior Community

10600 Central Ave SE
Albuquerque, New Mexico
Rent Assisted
LIHTC
Call For Rent
1-2 BR

Montgomery Manor Apartments

4301 Morris St NE
Albuquerque, New Mexico
Subsidized
PBRA
BMIR

Westwood Village Apartments

901 68th St NW
Albuquerque, New Mexico
Subsidized
PBRA
BMIR

The Commons at Martineztown

320 Roma Ave NE
Albuquerque, New Mexico
Subsidized
Public Housing
PBV

Sterling Downtown

800 Silver Ave SW
Albuquerque, New Mexico
Rent Assisted
LIHTC
Call For Rent
1-2 BR

La Vida Nueva Apartments

1200 Dickerson Dr SE
Albuquerque, New Mexico
Rent Assisted
LIHTC
Call For Rent
Studio-3 BR

Valle De Atrisco Apartments

9901 Ceja Vista Rd SW
Albuquerque, New Mexico
Rent Assisted
LIHTC
1 BR

Sun Pointe Park Apartments

4057 Montgomery Blvd NE
Albuquerque, New Mexico
Rent Assisted
LIHTC
BMIR
1 BR
Showing Results 1-15

There are 7,227 low-income apartments in Bernalillo County that offer reduced rents to eligible households.

Rental assistance programs support 3,161 low-income homes in Bernalillo County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $301 towards rent each month.

Affordable rent data for some communities last confirmed on June 25th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Bernalillo 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.

Housing Authority Programs
Bernalillo County Housing Department Section 8 Housing Choice Voucher (HCV); Public Housing; Veteran Affairs Supportive Housing (VASH); Family Unification Program (FUP)
Go to the New Mexico Public Housing and Low-Income Apartments Waiting Lists page for openings near Bernalillo County.

Bernalillo County, New Mexico Affordable Housing Data

Income Based Apartments in Bernalillo County, New Mexico

Bernalillo County features 3,161 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 Bernalillo County, New Mexico

There are 7,227 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bernalillo County.

Housing Choice Vouchers in Bernalillo County, New Mexico

On average, Section 8 Housing Choice vouchers pay Bernalillo County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Bernalillo County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bernalillo County, New Mexico for a two-bedroom apartment is between $1,100 and $1,344.

2024 Bernalillo 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
Bernalillo County, New Mexico Fair Market Rent $828 $1,005 $1,222 $1,722 $2,064
Bernalillo County, New Mexico Payment Standard Range $745 to $911 $905 to $1,106 $1,100 to $1,344 $1,550 to $1,894 $1,858 to $2,270

Sourced from federal housing data and AffordableHousingOnline.com research.

Bernalillo County, NM Affordable Housing Snapshot

Total Affordable Apartment Properties 185
Total Low Income Apartments 10,529
Total Housing Units with Rental Assistance 3,161
Percentage of Housing Units Occupied By Renters 37.77%
Average Renter Household Size 2.37
Average Household Size 2.52
Median Household Income $47,725 ±$789
Median Rent $799 ±$10
Percentage Of Renters Overburdened 49.69% ± 1.35pp
Total Population 673,943

Population and Household Demographics

Bernalillo County is a county in New Mexico with a population of 673,943. There are 263,270 households in the county with an average household size of 2.52 persons. 37.77% of households in Bernalillo County are renters.

Income and Rent Overburden in Bernalillo County

The median gross income for households in Bernalillo County is $47,725 a year, or $3,977 a month. The median rent for the county is $799 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bernalillo County, a household making less than $2,663 a month would be considered overburdened when renting an apartment at or above the median rent. 49.69% of households who rent are overburdened in Bernalillo County.

Area Median Income In Bernalillo 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 Bernalillo County, HUD calculates the Area Median Income for a family of four as $86,500

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 Bernalillo 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 Bernalillo 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 Bernalillo County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,800 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Bernalillo County AMI may qualify for rental assistance programs that target Very Low Income households.
$28,000 $32,000 $36,000 $39,950 $43,150 $46,350 $49,550 $52,750
80% AMI Income Limits
Renters earning up to 80% of the Bernalillo County AMI may qualify for rental assistance programs that target Low Income households.
$44,750 $51,150 $57,550 $63,900 $69,050 $74,150 $79,250 $84,350