Low Income (LIHTC)Waitlist Open

Villa Real Apts Ii

501 W Zia Rd, Santa Fe, NM, 87505

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Villa Real Apts II consists of 60 units designated as low-income housing in Santa Fe, New Mexico. The property was placed in service in 1992 and utilizes 9% Low-Income Housing Tax Credits to support its affordability mission.

Waitlist Information

Waitlist managed by Santa Fe Civic Housing Authority

Public Housing Waitlist

Open

Apply: In-person

Accepting pre-applications for seniors aged 62 and older; preference for applicants who live and/or work in Santa Fe.

Last verified February 24, 2026

Section 8 (HCV) Waitlist

Closed

Opened April 8, 2026

Closed April 8, 2026

The waiting list recently opened and closed on April 8, 2026.

Last verified February 18, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units

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.

1 Person

Extremely Low (30%): $15,350
Very Low (50%): $25,550
Low (80%): $40,900

2 Persons

Extremely Low (30%): $17,550
Very Low (50%): $29,200
Low (80%): $46,750

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $32,850
Low (80%): $52,600

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $36,500
Low (80%): $58,400

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $39,450
Low (80%): $63,100

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $42,350
Low (80%): $67,750

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $45,300
Low (80%): $72,450

8 Persons

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

Year Placed in Service

1992

LIHTC Credit Type

Low-Income Units

60 / 60

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 Villa Real Apts Ii is typically 30% of household income or less.

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.

Who manages Villa Real Apts Ii?+

Villa Real Apts Ii is managed by . You can reach them at .

Is there a waitlist for Villa Real Apts Ii?+

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 Villa Real Apts Ii?+

Villa Real Apts Ii 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.

Begin Application Now