Check out our new FHA first-time homebuyers guide updated for 2024

Rio Communities, New Mexico Affordable Housing

As of November 21, 2024, Rio Communities, New Mexico has 3 Affordable Housing complexes. There are 5 section 8 apartments and 64 approved low-income housing units. the area and their contact information can be found below.

Altura Apartments?a=1732192984

Altura Apartments

Low Income Housing

Altura Apartments Has 24 Units Available

$248 - $619*/month View Detail
Rio Verde Apartments?a=1732192984

Rio Verde Apartments

Low Income Housing

Rio Verde Apartments Has 40 Units Available

$248 - $619*/month View Detail
Casa Encantada?a=1732192984

Casa Encantada

Section 8

Casa Encantada Has 5 Units Available

$248 - $619*/month View Detail

Fair Market Rent

The will pay about 70% of a tenants rent with the tenant being responsible for the other 30%.

Valencia County, NM Fair Market Rent:
Studio
$828
1 Bedroom
$1,005
2 Bedrooms
$1,222
3 Bedrooms
$1,722
4 Bedrooms
$2,064

Income Limit

Income Limits are maximum income limits allowed based on household size. The following limits were established by HUD for low income households to be eligible for housing assistance in Valencia County for 2024.

Valencia County, NM Income Limit:
1 Person
$44,200
2 Persons
$50,500
3 Persons
$56,800
4 Persons
$63,100
5 Persons
$68,150

Frequently Asked Questions

What are the best apartments in Rio Communities, NM?

The best apartments in Rio Communities, NM are Rio Verde Apartments , Altura Apartments and Casa Encantada

What is the average property rent in Rio Communities, NM?

The average property rent in Rio Communities, NM is $1,446.

What is the price range for a studio apartment in Rio Communities, NM?

The price range for a studio apartment in Rio Communities, NM is between $662 and $994. You can view more listings by clicking on the Load More button.

What is the price range for a 1 bedroom apartment in Rio Communities, NM?

The price range for 1 bedroom apartment in Rio Communities, NM is between $804 and $1,206. You can view more listings by clicking on the Load More button.

What is the price range for a 2 bedroom apartment in Rio Communities, NM?

The price range for 2 bedroom apartment in Rio Communities, NM is between $978 and $1,466. You can view more listings by clicking on the Load More button.

What is the price range for a 3 bedroom apartment in Rio Communities, NM?

The price range for 3 bedroom apartment in Rio Communities, NM is between $1,378 and $2,066. You can view more listings by clicking on the Load More button.

What is the price range for a 4 bedroom apartment in Rio Communities, NM?

The price range for 4 bedroom apartment in Rio Communities, NM is between $1,651 and $2,477. You can view more listings by clicking on the Load More button.

When were the prices last updated for the properties in Rio Communities, NM?

The prices were last updated on 20 November, 2024 for the properties in Rio Communities, NM

Report Image

Please tell us why you want to report this image

Forgot Password

Log in

Remember
Don’t have an account? Become a Member

Register

Already have account? Login
By submitting your phone number and clicking 'submit', you consent to receive automated text messages from us, even if your number is on a Do-Not-Call list. Standard rates apply. You can opt out by texting 'STOP' at any time. See our Terms of Service and Privacy Policy for more details.

Become a member

Let’s create your password to become a member. And enjoy these benefits:
Maybe later
Already have account? Login
By submitting your phone number and clicking 'submit', you consent to receive automated text messages from us, even if your number is on a Do-Not-Call list. Standard rates apply. You can opt out by texting 'STOP' at any time. See our Terms of Service and Privacy Policy for more details.