Low Income Apartments for Rent in Santa Fe, NM
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Santa Fe, NM Income Restricted Apartments for Rent
Browse a wide selection of low-income apartments for rent in Santa Fe. If you're searching for affordable apartments to fit your budget, it's important to be aware of the opportunities available to you. There are a variety of programs that may be accepted by low-income communities. Some might take part in the Low-Income Housing Credit Program, or Section 42, while others might accept vouchers through the Housing Choice Voucher Program, or Section 8. Since these programs are different, call the apartment community you’re interested in and ask which program they participate in.
Before you apply for an income restricted apartment, make sure you qualify for Section 8 housing in Santa Fe by contacting the local public housing agency, or PHA. You must meet certain requirements based on the area median income, or AMI, and that amount varies depending on location. Section 8 housing is often more difficult to find than other affordable housing programs since properties must meet certain guidelines to qualify for the program, and not all properties accept Section 8 vouchers.
There are 2 income-restricted apartments available in Santa Fe. To find out if the apartment community you’re interested in accepts Section 8, look at their requirements or call the property directly and ask.
Renting in Santa Fe
Average Rental Rates and Apartment Sizes
- Apartment Type Average Sq Ft Average Rent
- 1 Bedroom 665 Sq Ft $1,688 / mo
- 2 Bedrooms 962 Sq Ft $1,919 / mo
- 3 Bedrooms 1,200 Sq Ft $2,355 / mo
- 4 Bedrooms 1,318 Sq Ft $2,407 / mo
Top Budget-Friendly Neighborhoods in Santa Fe
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Southwest Santa Fe 711 Sq Ft $1,879/mo
- Santa Fe 743 Sq Ft $1,940/mo
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Note: Based on community-supplied data and independent market research. Subject to change without notice.