Affordable Housing Hub
Low Income (LIHTC)

Casa Bonita Apts Los Lunas

246 Camino Real SW, Los Lunas, NM, 87031

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

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About This Property

Casa Bonita Apts provides 16 low-income residential units in Los Lunas, New Mexico. The property was placed in service in 1993 and receives 9% Low-Income Housing Tax Credit funding. Management and further inquiries are available through the property contact.

Property Details

Total Units
16

Fair Market Rent - Valencia County, NM

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$828
1 Bedroom$1,005
2 Bedroom$1,222
3 Bedroom$1,722
4 Bedroom$2,064

Income Limits - Valencia County, NM

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$14,200
Very Low (50%)
$23,650
Low (80%)
$37,800
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$27,000
Low (80%)
$43,200
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$30,400
Low (80%)
$48,600
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$33,750
Low (80%)
$54,000
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$36,450
Low (80%)
$58,350
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$39,150
Low (80%)
$62,650
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$41,850
Low (80%)
$67,000
8 Persons
Extremely Low (30%)
$44,550
Very Low (50%)
$44,550
Low (80%)
$71,300

Tax Credit Program Details

Year Placed in Service
1993
LIHTC Credit Type
9%
Low-Income Units
16 / 16

Frequently Asked Questions

What is the average rent for affordable housing in Los Lunas, NM?+

The Fair Market Rent (FMR) for Valencia County, NM is: $828 (Studio), $1005 (1BR), $1222 (2BR), $1722 (3BR), $2064 (4BR). Actual rent at subsidized properties like Casa Bonita Apts Los Lunas is typically 30% of household income or less.

What are the income limits for affordable housing in Valencia County, NM?+

For a 4-person household in Valencia County, NM, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,750, Low Income (80% AMI): $54,000. These limits are set by HUD and updated annually.

How do I apply for housing at Casa Bonita Apts Los Lunas?+

Casa Bonita Apts Los Lunas 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 Casa Bonita Apts Los Lunas?+

Casa Bonita Apts Los Lunas is managed by . You can reach them at . Visit their website for more information.

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Contact Information

Walk Score

Somewhat Walkable

57
Walk
45
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Valencia County, NM

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