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Affordable apartments in Truth or Consequences, New Mexico

3 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.

2 lihtc1 section 8

Buildings

RIO ABAJO APTS

LIHTC
1485 E SECOND AVE, TRUTH OR CONSEQUENCES, NM, 87901
Income-restricted units
41 of 42
Year placed in service
2009

Estimated total housing cost: $686 rent + $98 utilities = $784/mo

Contact property management for current availability. Waitlists may apply.

TRADEWINDS CARRIAGE APARTMENTS

Section 8
1301 N PERSHING ST, Truth Or Consequences, NM, 87901
Income-restricted units
32 of 32
Year placed in service
Not reported

Estimated total housing cost: $686 rent + $98 utilities = $784/mo

Contact property management for current availability. Waitlists may apply.

TRADEWINDS CARRIAGE

LIHTC
1301 N PERSHING ST, TRUTH OR CONSEQUENCES, NM, 87901
Income-restricted units
32 of 32
Year placed in service
2004
Bedroom mix
12 1BR · 12 2BR · 8 3BR

Estimated total housing cost: $686 rent + $98 utilities = $784/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 Truth or Consequences, NM

Metro-level
BedroomsLocal FMRNational median
Studio$583n/a
1 bedroom$652n/a
2 bedroom$686$1,502
3 bedroom$892n/a
4 bedroom$1,029n/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 : Sierra County, NM

FY2025. Area median income: $62,000.

Household size30% AMI50% AMI80% AMI
1 person$15,650$24,100$38,550
2 people$21,150$27,550$44,050
3 people$26,650$31,000$49,550
4 people$32,150$34,400$55,050
5 people$37,200$37,200$59,500
6 people$39,950$39,950$63,900
7 people$42,700$42,700$68,300
8 people$45,450$45,450$72,700

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.

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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: Truth or Consequences cost-of-living and Fair Market Rent overview