About This Property
Las Palomas is a 278-unit affordable housing community in Santa Fe, NM that serves low-income residents. The property includes 168 studio units and 110 two-bedroom units and has been in service since 2006. Financing for the development includes HOME funds, tax-exempt bonds, and FHA support, with 4% LIHTC credits.
Waitlist Information
Waitlist managed by Santa Fe Civic Housing Authority
Accepting pre-applications for seniors aged 62 and older; preference for applicants who live and/or work in Santa Fe.
The waiting list recently opened and closed on April 8, 2026.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Santa Fe 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 | $1,171 |
| 1 Bedroom | $1,317 |
| 2 Bedroom | $1,535 |
| 3 Bedroom | $1,960 |
| 4 Bedroom | $2,044 |
Income Limits - Santa Fe County, NM
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,350
- Very Low (50%)
- $25,550
- Low (80%)
- $40,900
- Extremely Low (30%)
- $17,550
- Very Low (50%)
- $29,200
- Low (80%)
- $46,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,850
- Low (80%)
- $52,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,500
- Low (80%)
- $58,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,450
- Low (80%)
- $63,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,350
- Low (80%)
- $67,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,300
- Low (80%)
- $72,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,200
- Low (80%)
- $77,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,350 | $25,550 | $40,900 |
| 2 Persons | $17,550 | $29,200 | $46,750 |
| 3 Persons | $21,960 | $32,850 | $52,600 |
| 4 Persons | $26,500 | $36,500 | $58,400 |
| 5 Persons | $31,040 | $39,450 | $63,100 |
| 6 Persons | $35,580 | $42,350 | $67,750 |
| 7 Persons | $40,120 | $45,300 | $72,450 |
| 8 Persons | $44,660 | $48,200 | $77,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Santa Fe, NM?+
The Fair Market Rent (FMR) for Santa Fe County, NM is: $1171 (Studio), $1317 (1BR), $1535 (2BR), $1960 (3BR), $2044 (4BR). Actual rent at subsidized properties like Las Palomas is typically 30% of household income or less.
What size apartments are available at Las Palomas?+
Las Palomas offers the following unit types: 168 Studio, 110 Two-Bedroom units, for a total of 278 units.
What are the income limits for affordable housing in Santa Fe County, NM?+
For a 4-person household in Santa Fe County, NM, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,500, Low Income (80% AMI): $58,400. These limits are set by HUD and updated annually.
What is the price range for apartments in Santa Fe, NM?+
Based on Fair Market Rent for Santa Fe County, the estimated price range is: 2-bedroom: $1535. Actual rent at Las Palomas may be lower for income-eligible households.
Is there a waitlist for Las Palomas?+
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.
How do I apply for housing at Las Palomas?+
Las Palomas 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.
Who manages Las Palomas?+
Las Palomas is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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