RIO VERDE APTS
LIHTC- Income-restricted units
- 40 of 40
- Year placed in service
- 1992
Estimated total housing cost: $831 rent + $98 utilities = $929/mo
Contact property management for current availability. Waitlists may apply.
Affordable apartments in Belen, New Mexico
6 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.
6 lihtc
Buildings
CASA VALENCIA APTS
LIHTC- Income-restricted units
- 39 of 39
- Year placed in service
- 8888
Estimated total housing cost: $831 rent + $98 utilities = $929/mo
Contact property management for current availability. Waitlists may apply.
BELEN VISTA APTS
LIHTC- Income-restricted units
- 35
- Year placed in service
- 9999
Estimated total housing cost: $831 rent + $98 utilities = $929/mo
Contact property management for current availability. Waitlists may apply.
ALTURA APTS
LIHTC- Income-restricted units
- 24 of 24
- Year placed in service
- 8888
Estimated total housing cost: $831 rent + $98 utilities = $929/mo
Contact property management for current availability. Waitlists may apply.
WESTSIDE APTS
LIHTC- Income-restricted units
- 24 of 24
- Year placed in service
- 8888
Estimated total housing cost: $831 rent + $98 utilities = $929/mo
Contact property management for current availability. Waitlists may apply.
JOHN APTS
LIHTC- Income-restricted units
- Not reported
- Year placed in service
- 8888
Estimated total housing cost: $831 rent + $98 utilities = $929/mo
Contact property management for current availability. Waitlists may apply.
Map
Each pin is one income-restricted building. Color-coded by program. Click a pin for details.
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Energy costs in New Mexico
Residential electricity in New Mexico runs about 15.15¢/kWh, with a typical monthly residential electric bill near $98. Natural gas runs about $11.81/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.
Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.
Check your affordability tier
Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.
Fair Market Rent for Belen, NM
Metro-level| Bedrooms | Local FMR | National median |
|---|---|---|
| Studio | $706 | n/a |
| 1 bedroom | $789 | n/a |
| 2 bedroom | $831 | $1,502 |
| 3 bedroom | $1,080 | n/a |
| 4 bedroom | $1,247 | n/a |
Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.
HUD income limits : Valencia County, NM
Albuquerque, NM. FY2025. Area median income: $91,400.
| Household size | 30% AMI | 50% AMI | 80% AMI |
|---|---|---|---|
| 1 person | $19,200 | $32,000 | $51,200 |
| 2 people | $21,950 | $36,600 | $58,500 |
| 3 people | $26,650 | $41,150 | $65,800 |
| 4 people | $32,150 | $45,700 | $73,100 |
| 5 people | $37,650 | $49,400 | $78,950 |
| 6 people | $43,150 | $53,050 | $84,800 |
| 7 people | $48,650 | $56,700 | $90,650 |
| 8 people | $54,150 | $60,350 | $96,500 |
HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.
Affordable rentals in nearby New Mexico cities
About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.
See also: Belen cost-of-living and Fair Market Rent overview