Playa Escondida Apartments — Income-Restricted Housing in Hobbs, NM 88244
1021 East Yeso Street, Hobbs, NM 88244
60 units
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
- 2016
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Nearby income-restricted buildings
Rents and income limits in 88244
- Fair market rent, 2 bedrooms
- $1,330/mo
- Income needed to pay it at 30% of income
- $53,200/yr
Income limits (2026)
Lea County, NM area · median family income $92,200. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $18,450 | $30,750 | $49,200 |
| 2 | $21,640 | $35,150 | $56,200 |
| 3 | $27,320 | $39,550 | $63,250 |
| 4 | $33,000 | $43,900 | $70,250 |
| 5 | $38,680 | $47,450 | $75,900 |
| 6 | $44,360 | $50,950 | $81,500 |
| 7 | $50,040 | $54,450 | $87,150 |
| 8 | $55,720 | $57,950 | $92,750 |
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 | 88244 | Wider area |
|---|---|---|
| Studio | $1,110 | $1,111 |
| 1 bedroom | $1,120 | $1,117 |
| 2 bedrooms | $1,330 | $1,327 |
| 3 bedrooms | $1,670 | $1,670 |
| 4 bedrooms | $1,830 | $1,823 |
Wider area = Lea County, NM. Two-bedroom fair market rents in 4 nearby ZIPs range from $1,240 (88260) to $1,660 (88242).
Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027 (Small Area FMR for ZIP figures). 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 88244's fair market rent.
Estimate your Section 8 rent share for 88244Frequently Asked Questions
How do I apply to Playa Escondida Apartments?
No phone is listed for Playa Escondida Apartments. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.
Is Playa Escondida Apartments Section 8 housing?
Playa Escondida Apartments is listed as income-restricted housing in Hobbs, NM 88244 (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 Playa Escondida Apartments?
Public records list 60 units at Playa Escondida Apartments in Hobbs, NM 88244. That is a building size, not a count of open apartments.
Are there other affordable apartments near Playa Escondida Apartments?
Yes — this page lists other income-restricted buildings in 88244 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 Playa Escondida Apartments?
Call the number on this page and ask about the waiting list or how to apply at Playa Escondida Apartments in Hobbs, NM 88244. 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 Hobbs, NM 88244?
Most income-restricted buildings in Hobbs, NM 88244 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 $30,750, and $43,900 for a 4-person household. Public housing can go up to 80% ($49,200 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 Hobbs, NM 88244?
For many programs in Hobbs, NM 88244, the 2026 HUD very low-income (50%) limit is $30,750 a year for 1 person and $43,900 for 4 people. The low-income (80%) limit is $49,200 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 Hobbs, NM 88244?
In public housing and most Section 8 in Hobbs, NM 88244, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Hobbs, NM 88244 is $1,330 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 Playa Escondida Apartments take Section 8 vouchers?
This file does not say that Playa Escondida Apartments has a project-based Section 8 contract. Some landlords in Hobbs, NM 88244 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Playa Escondida Apartments.
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction.