About This Property
Ladera Village comprises 60 affordable rental units in Farmington, NM, with 45 designated for low-income households. The property includes 29 two-bedroom and 31 three-bedroom units and has been in service since 2004. This non-profit-owned community receives funding through HOME and FHA programs and utilizes 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Housing Authority of the County of San Juan
Eligibility is based on family definition, income limits, and citizenship status; individuals evicted for drug-related criminal activity are ineligible for three years. Placement on the waiting list is by time and date.
Eligibility is based on family definition, income limits (not exceeding 50% of the median income for the county, with 75% of vouchers for those under 30% of area median income), citizenship or eligible immigration status, and no eviction for drug-related criminal activity for at least three years. Placement on the waiting list is by time and date of processed pre-application.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
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 |
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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 Ladera Village is typically 30% of household income or less.
What size apartments are available at Ladera Village?+
Ladera Village offers the following unit types: 29 Two-Bedroom, 31 Three-Bedroom units, for a total of 60 units.
Is there a waitlist for Ladera Village?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Ladera Village?+
Ladera Village 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 Farmington, NM?+
Based on Fair Market Rent for San Juan County, the estimated price range is: 2-bedroom: $1012, 3-bedroom: $1426. Actual rent at Ladera Village may be lower for income-eligible households.
What is the HUD inspection score for Ladera Village?+
Ladera Village has a HUD inspection score of 99 out of 100, which is considered excellent. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
Who manages Ladera Village?+
Ladera Village is managed by . You can reach them at . Visit their website for more information.
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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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