About This Property
Tierra Montosa Apts offers 44 low-income units in Taos, New Mexico, with a unit mix of eight one-bedroom, twenty two-bedroom, and sixteen three-bedroom apartments. The property has been in service since 1999 and receives 9% Low-Income Housing Tax Credit funding. A non-profit organization owns and manages the community.
Waitlist Information
Waitlist managed by Northern Regional Housing Authority
Applications have been accepted since at least March 2020, with no predetermined closing date. There are no preferences, and applicants are placed on the waiting list by date and time of application receipt.
The waiting list was last open from January 22, 2018, until July 30, 2020, with no preferences mentioned and applicants placed by date and time of application receipt. There is no announced future opening date.
Waitlist data provided by section8waitlist.org
Updated June 24, 2026
Property Details
Fair Market Rent - Taos 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 | $845 |
| 1 Bedroom | $921 |
| 2 Bedroom | $1,050 |
| 3 Bedroom | $1,375 |
| 4 Bedroom | $1,782 |
Income Limits - Taos County, NM
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $19,150
- Low (80%)
- $30,600
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $21,850
- Low (80%)
- $35,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $24,600
- Low (80%)
- $39,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $27,300
- Low (80%)
- $43,700
- Extremely Low (30%)
- $29,500
- Very Low (50%)
- $29,500
- Low (80%)
- $47,200
- Extremely Low (30%)
- $31,700
- Very Low (50%)
- $31,700
- Low (80%)
- $50,700
- Extremely Low (30%)
- $33,900
- Very Low (50%)
- $33,900
- Low (80%)
- $54,200
- Extremely Low (30%)
- $36,050
- Very Low (50%)
- $36,050
- Low (80%)
- $57,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $19,150 | $30,600 |
| 2 Persons | $17,420 | $21,850 | $35,000 |
| 3 Persons | $21,960 | $24,600 | $39,350 |
| 4 Persons | $26,500 | $27,300 | $43,700 |
| 5 Persons | $29,500 | $29,500 | $47,200 |
| 6 Persons | $31,700 | $31,700 | $50,700 |
| 7 Persons | $33,900 | $33,900 | $54,200 |
| 8 Persons | $36,050 | $36,050 | $57,700 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Taos, NM?+
The Fair Market Rent (FMR) for Taos County, NM is: $845 (Studio), $921 (1BR), $1050 (2BR), $1375 (3BR), $1782 (4BR). Actual rent at subsidized properties like Tierra Montosa Apts is typically 30% of household income or less.
What size apartments are available at Tierra Montosa Apts?+
Tierra Montosa Apts offers the following unit types: 8 One-Bedroom, 20 Two-Bedroom, 16 Three-Bedroom units, for a total of 44 units.
What is the price range for apartments in Taos, NM?+
Based on Fair Market Rent for Taos County, the estimated price range is: 1-bedroom: $921, 2-bedroom: $1050, 3-bedroom: $1375. Actual rent at Tierra Montosa Apts may be lower for income-eligible households.
Is there a waitlist for Tierra Montosa Apts?+
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 Tierra Montosa Apts?+
Tierra Montosa Apts 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 Tierra Montosa Apts?+
Tierra Montosa Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Taos County, NM?+
For a 4-person household in Taos County, NM, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $27,300, Low Income (80% AMI): $43,700. 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.
