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
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
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 |
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.
Who manages Ladera Village?+
Ladera Village is managed by . You can reach them at . Visit their website for more information.
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 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.
Is there a waitlist for Ladera Village?+
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.
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.
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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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