Valle Verde I Apartments — Income-Restricted Housing in Hatch, NM 87937
350 Bianes Street, Placitas, NM 87937
36 units · 1–4+ BR
How to apply
- No phone is listed. Try visiting the property or asking the city housing office how to apply.
- These records do not show openings — call to confirm vacancies and waiting lists.
At this building
- Opened
- 2019
- Income limit
- 50% AMI
- Bedrooms
- 6 1 bedroom · 12 2 bedrooms · 16 3 bedrooms · 2 4+ bedrooms
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Nearby income-restricted buildings
Valle Verde Apartments
346 Baines Street, Las Cruces, NM 87937
0.1 mi away
35 units · 1–4+ BR
- For farmworker households
El Camino Real Apartments LLLP
21 Chile Capital Lane, Hatch, NM 87937
0.3 mi away
40 units · 2–4+ BR
- 1 vacant unit reported (Oct 2026) — call to confirm
- For farmworker households
Falcon Ridge Limited Partnership
20 Chile Capital Ln, Hatch, NM 87937
0.3 mi away
72 units · 1–3 BR
- 6 vacant units reported (Oct 2026) — call to confirm
Rents and income limits in 87937
- Fair market rent, 2 bedrooms
- $1,010/mo
- Income needed to pay it at 30% of income
- $40,400/yr
- Renters in 87937 paying 30% or more of income on rent
- 24%
Income limits (2026)
Las Cruces, NM area · median family income $79,900. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $16,350 | $27,200 | $43,550 |
| 2 | $21,640 | $31,100 | $49,750 |
| 3 | $27,320 | $35,000 | $55,950 |
| 4 | $33,000 | $38,850 | $62,150 |
| 5 | $38,680 | $42,000 | $67,150 |
| 6 | $44,360 | $45,100 | $72,100 |
| 7 | $48,200 | $48,200 | $77,100 |
| 8 | $51,300 | $51,300 | $82,050 |
Section 8 vouchers: up to the 50% limit, and most go to households under 30%. Public housing: up to 80%. Tax-credit apartments: usually up to 60% of median income, between the 50% and 80% columns.
Fair market rents (2027)
HUD's estimate of rent plus utilities for a modest home. Housing authorities set Section 8 voucher limits from it.
| Size | 87937 | Wider area |
|---|---|---|
| Studio | $750 | $790 |
| 1 bedroom | $920 | $975 |
| 2 bedrooms | $1,010 | $1,073 |
| 3 bedrooms | $1,390 | $1,461 |
| 4 bedrooms | $1,610 | $1,692 |
Wider area = Las Cruces, NM. Two-bedroom fair market rents in 4 nearby ZIPs range from $1,010 (87933) to $1,110 (87940).
Census figures for 87937 (2020–2024 average): median rent $468. Median household income $39,495. 34% of homes are rented. 24% of renters pay 30% or more of their income on rent, and 4% pay half or more.
Census median rent is what renters here actually pay, including long-term leases. Fair market rent is HUD's estimate for a modest apartment available now.
Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027 (Small Area FMR for ZIP figures); U.S. Census Bureau American Community Survey 5-year 2020–2024. Each program and building can set its own limits — confirm with the property.
Estimate your Section 8 rent share
Project-based Section 8 is on the buildings above. A Housing Choice Voucher is different: you apply with the housing authority, then find a landlord who takes it. Your share of rent is based on income — not always 30%. The calculator uses 87937's fair market rent.
Estimate your Section 8 rent share for 87937Frequently Asked Questions
How do I apply to Valle Verde I Apartments?
No phone is listed for Valle Verde I Apartments. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.
Is Valle Verde I Apartments Section 8 housing?
Valle Verde I Apartments is listed as income-restricted housing in Hatch, NM 87937 (lihtc). It is not labeled as project-based Section 8 in this file. Call to ask which programs they run.
How many units are at Valle Verde I Apartments?
Public records list 36 units at Valle Verde I Apartments in Hatch, NM 87937. That is a building size, not a count of open apartments.
Are there other affordable apartments near Valle Verde I Apartments?
Yes — this page lists other income-restricted buildings in 87937 and nearby ZIP codes. Open a nearby card for the address and phone. Lists still do not show vacancies.
People Also Ask
How do I get into Valle Verde I Apartments?
Call the number on this page and ask about the waiting list or how to apply at Valle Verde I Apartments in Hatch, NM 87937. Public housing is through the housing authority. Bring ID and income documents when they tell you to. This site cannot submit an application for you.
How do I qualify for affordable housing in Hatch, NM 87937?
Most income-restricted buildings in Hatch, NM 87937 serve households at or below 50% or 80% of area median income. HUD's 2026 very low-income (50%) limit for a 1-person household is $27,200, and $38,850 for a 4-person household. Public housing can go up to 80% ($43,550 for 1 person). Each building sets its own cap — call to confirm before you apply. Citizenship, household size, and local preferences can also apply.
What is the income limit for low-income housing in Hatch, NM 87937?
For many programs in Hatch, NM 87937, the 2026 HUD very low-income (50%) limit is $27,200 a year for 1 person and $38,850 for 4 people. The low-income (80%) limit is $43,550 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.
How much rent do you pay for low-income housing in Hatch, NM 87937?
In public housing and most Section 8 in Hatch, NM 87937, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Hatch, NM 87937 is $1,010 a month (rent plus utilities for a modest unit). Tax-credit apartments use set rents below market, not always 30% of income. Call the building for the actual rent; this site is not a vacancy or price list.
Does Valle Verde I Apartments take Section 8 vouchers?
This file does not say that Valle Verde I Apartments has a project-based Section 8 contract. Some landlords in Hatch, NM 87937 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Valle Verde I Apartments.
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026; USDA Rural Development multifamily, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction.