About This Property
Rio Pecos Estates offers 24 affordable rental units in Santa Rosa, New Mexico, including 18 designated low-income units. The community features a mix of 8 two-bedroom and 16 three-bedroom apartments and has been in service since 2001. Rio Pecos Estates is non-profit owned and funded through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Guadalupe County, NM
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $627 |
| 1 Bedroom | $767 |
| 2 Bedroom | $877 |
| 3 Bedroom | $1,236 |
| 4 Bedroom | $1,488 |
Income Limits - Guadalupe County, NM
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,150
- Low (80%)
- $30,600
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,850
- Low (80%)
- $35,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,600
- Low (80%)
- $39,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,300
- Low (80%)
- $43,700
- Extremely Low (30%)
- $29,500
- Very Low (50%)
- $29,500
- Low (80%)
- $47,200
- Extremely Low (30%)
- $31,700
- Very Low (50%)
- $31,700
- Low (80%)
- $50,700
- Extremely Low (30%)
- $33,900
- Very Low (50%)
- $33,900
- Low (80%)
- $54,200
- Extremely Low (30%)
- $36,050
- Very Low (50%)
- $36,050
- Low (80%)
- $57,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,150 | $30,600 |
| 2 Persons | $17,420 | $21,850 | $35,000 |
| 3 Persons | $21,960 | $24,600 | $39,350 |
| 4 Persons | $26,500 | $27,300 | $43,700 |
| 5 Persons | $29,500 | $29,500 | $47,200 |
| 6 Persons | $31,700 | $31,700 | $50,700 |
| 7 Persons | $33,900 | $33,900 | $54,200 |
| 8 Persons | $36,050 | $36,050 | $57,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Santa Rosa, NM?+
The Fair Market Rent (FMR) for Guadalupe County, NM is: $627 (Studio), $767 (1BR), $877 (2BR), $1236 (3BR), $1488 (4BR). Actual rent at subsidized properties like Rio Pecos Estates is typically 30% of household income or less.
What size apartments are available at Rio Pecos Estates?+
Rio Pecos Estates offers the following unit types: 8 Two-Bedroom, 16 Three-Bedroom units, for a total of 24 units.
Who manages Rio Pecos Estates?+
Rio Pecos Estates is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Guadalupe County, NM?+
For a 4-person household in Guadalupe County, NM, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,300, Low Income (80% AMI): $43,700. These limits are set by HUD and updated annually.
How do I apply for housing at Rio Pecos Estates?+
Rio Pecos Estates is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What is the price range for apartments in Santa Rosa, NM?+
Based on Fair Market Rent for Guadalupe County, the estimated price range is: 2-bedroom: $877, 3-bedroom: $1236. Actual rent at Rio Pecos Estates may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
