About This Property
La Terraza Apts 2009 contains 60 units designated as low-income housing in Farmington, New Mexico. The property offers affordable rental housing options for eligible residents in San Juan County.
Waitlist Information
Waitlist managed by Housing Authority of the County of San Juan
Pre-applications are accepted at the program level; declining two invitations to apply will purge the application from the waitlist.
Eligibility for vouchers requires income not exceeding 50% of the median and US citizen/eligible non-citizen status, with 75% of vouchers for those at or below 30% AMI.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - San Juan 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 | $843 |
| 1 Bedroom | $847 |
| 2 Bedroom | $1,012 |
| 3 Bedroom | $1,426 |
| 4 Bedroom | $1,526 |
Income Limits - San Juan County, NM
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,900
- Low (80%)
- $33,500
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,900
- Low (80%)
- $38,250
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,900
- Low (80%)
- $43,050
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,850
- Low (80%)
- $47,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,250
- Low (80%)
- $51,650
- Extremely Low (30%)
- $34,650
- Very Low (50%)
- $34,650
- Low (80%)
- $55,450
- Extremely Low (30%)
- $37,050
- Very Low (50%)
- $37,050
- Low (80%)
- $59,300
- Extremely Low (30%)
- $39,450
- Very Low (50%)
- $39,450
- Low (80%)
- $63,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,900 | $33,500 |
| 2 Persons | $17,420 | $23,900 | $38,250 |
| 3 Persons | $21,960 | $26,900 | $43,050 |
| 4 Persons | $26,500 | $29,850 | $47,800 |
| 5 Persons | $31,040 | $32,250 | $51,650 |
| 6 Persons | $34,650 | $34,650 | $55,450 |
| 7 Persons | $37,050 | $37,050 | $59,300 |
| 8 Persons | $39,450 | $39,450 | $63,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Farmington, NM?+
The Fair Market Rent (FMR) for San Juan County, NM is: $843 (Studio), $847 (1BR), $1012 (2BR), $1426 (3BR), $1526 (4BR). Actual rent at subsidized properties like La Terraza Apts 2009 (Farmington) is typically 30% of household income or less.
What are the income limits for affordable housing in San Juan County, NM?+
For a 4-person household in San Juan County, NM, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,850, Low Income (80% AMI): $47,800. These limits are set by HUD and updated annually.
Who manages La Terraza Apts 2009 (Farmington)?+
La Terraza Apts 2009 (Farmington) is managed by . You can reach them at .
How do I apply for housing at La Terraza Apts 2009 (Farmington)?+
La Terraza Apts 2009 (Farmington) is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
Is there a waitlist for La Terraza Apts 2009 (Farmington)?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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