; Low Income Apartments For Rent in Hatch, NM

Valle Verde Apartments

346 Baines St
Hatch, New Mexico
Subsidized
Rent Assisted
Senior
Supportive
PBRA
S515

El Camino Real Apartments

21 Chile Capital Street
Hatch, New Mexico
Subsidized
Rent Assisted
LIHTC
RDRA
Call For Rent
2-4 BR

Valle Verde I Apartments

350 Bianes St
Hatch, New Mexico
Rent Assisted
LIHTC
Call For Rent
1-4 BR

Falcon Ridge Lp

553 Highway 187
Hatch, New Mexico
Rent Assisted
Senior
Supportive
S515

Los Caballos II Apartments

North Hwy
Hatch, New Mexico
Rent Assisted
LIHTC

Falcon Ridge Limited Partnership

20 Chile Capital Ln
Hatch, New Mexico
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA

360 Bianes Street

360 Bianes St
Hatch, New Mexico
Rent Assisted
HOME

Valle Verde III Apartments

360 Baines St
Hatch, New Mexico
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
S515
RDRA

Los Caballos Apartments

908 W Hall
Hatch, New Mexico
Rent Assisted
LIHTC

Los Caballos III Apartments

Us Hwy
Hatch, New Mexico
Rent Assisted
LIHTC
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There are 348 low-income apartments in Hatch that offer reduced rents to eligible households.

Rental assistance programs support 158 low-income homes in Hatch where households pay rent based on how much they earn.

Affordable rent data for some communities last confirmed on June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Hatch, 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
Housing Authority of the County of Dona Ana Section 8 Housing Choice Voucher (HCV); Public Housing
Mesilla Valley Public Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Section 8 Project-Based Voucher (PBV); Section 8 New Construction
Go to the New Mexico Public Housing and Low-Income Apartments Waiting Lists page for openings near Hatch.

Hatch, New Mexico Affordable Housing Data

Income Based Apartments in Hatch, New Mexico

Hatch features 158 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 Hatch, New Mexico

There are 348 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hatch.

Housing Choice Vouchers in Hatch, New Mexico

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Hatch, New Mexico for a two-bedroom apartment is between $890 and $1,088.

2024 Hatch, 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
Hatch, New Mexico Fair Market Rent $739 $881 $989 $1,383 $1,562
Hatch, New Mexico Payment Standard Range $665 to $813 $793 to $969 $890 to $1,088 $1,245 to $1,521 $1,406 to $1,718

Sourced from federal housing data and AffordableHousingOnline.com research.

Hatch, NM Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 506
Total Housing Units with Rental Assistance 158
Percentage of Housing Units Occupied By Renters 25.55%
Average Renter Household Size 2.65
Average Household Size 3.46
Median Household Income $27,212 ±$2,936
Median Rent $473 ±$96
Percentage Of Renters Overburdened 35.43% ± 20.48pp
Total Population 1,757

Population and Household Demographics

Hatch is a city in Dona Ana County, New Mexico with a population of 1,757. There are 497 households in the city with an average household size of 3.46 persons. 25.55% of households in Hatch are renters.

Income and Rent Overburden in Hatch

The median gross income for households in Hatch is $27,212 a year, or $2,268 a month. The median rent for the city is $473 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hatch, a household making less than $1,577 a month would be considered overburdened when renting an apartment at or above the median rent. 35.43% of households who rent are overburdened in Hatch.

Area Median Income In Hatch

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Hatch, the AMI is calculated from all households within Dona Ana County.

In Hatch, HUD calculates the Area Median Income for a family of four as $59,600

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 Hatch

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 Hatch

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 Hatch AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $30,000 $34,900 $37,500 $40,100 $42,650
50% AMI Income Limits
Renters earning up to 50% of the Hatch AMI may qualify for rental assistance programs that target Very Low Income households.
$22,650 $25,850 $29,100 $32,300 $34,900 $37,500 $40,100 $42,650
80% AMI Income Limits
Renters earning up to 80% of the Hatch AMI may qualify for rental assistance programs that target Low Income households.
$36,200 $41,350 $46,500 $51,650 $55,800 $59,950 $64,050 $68,200