Las Vegas Apts — Income-Restricted Housing in Las Vegas, NM 87701

2505 Collins Drive, Las Vegas, NM 87701

USDA rural

24 units · 1–3 BR

Directions

How to apply

  1. Managed by Bosley Management, Inc. USDA does not publish a phone number for this property.
  2. Find contact info on USDA's Multifamily Housing programs page.
  3. These records do not show openings — call to confirm vacancies and waiting lists.

At this building

Opened
1982
Bedrooms
4 1 bedroom · 12 2 bedrooms · 8 3 bedrooms
USDA rental assistance
21 units (tenant pays about 30% of income)
Managed by
Bosley Management, Inc

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Nearby income-restricted buildings

Rents and income limits in 87701

Fair market rent, 2 bedrooms
$1,070/mo
Income needed to pay it at 30% of income
$42,800/yr
Renters in 87701 paying 30% or more of income on rent
56%

Income limits (2026)

San Miguel County, NM area · median family income $74,300. Your household's yearly income before taxes must be at or below the limit.

PeopleExtremely low 30%Very low 50%Low 80%
1$15,960$26,050$41,650
2$21,640$29,750$47,600
3$27,320$33,450$53,550
4$33,000$37,150$59,450
5$38,680$40,150$64,250
6$43,100$43,100$69,000
7$46,100$46,100$73,750
8$49,050$49,050$78,500

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.

Size87701Wider area
Studio$790$796
1 bedroom$920$925
2 bedrooms$1,070$1,077
3 bedrooms$1,480$1,491
4 bedrooms$1,680$1,689

Wider area = San Miguel County, NM. Two-bedroom fair market rents in 4 nearby ZIPs range from $1,010 (87750) to $1,080 (87569).

Census figures for 87701 (2020–2024 average): median rent $811. Median household income $49,920. 36% of homes are rented. 56% of renters pay 30% or more of their income on rent, and 34% 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 87701's fair market rent.

Estimate your Section 8 rent share for 87701

Frequently Asked Questions

How do I apply to Las Vegas Apts?

No phone is listed for Las Vegas Apts. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.

Is Las Vegas Apts Section 8 housing?

Las Vegas Apts is listed as income-restricted housing in Las Vegas, NM 87701 (usda). It is not labeled as project-based Section 8 in this file. Call to ask which programs they run.

How many units are at Las Vegas Apts?

Public records list 24 units at Las Vegas Apts in Las Vegas, NM 87701. That is a building size, not a count of open apartments.

Are there other affordable apartments near Las Vegas Apts?

Yes — this page lists other income-restricted buildings in 87701 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 Las Vegas Apts?

Call the number on this page and ask about the waiting list or how to apply at Las Vegas Apts in Las Vegas, NM 87701. 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 Las Vegas, NM 87701?

Most income-restricted buildings in Las Vegas, NM 87701 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 $26,050, and $37,150 for a 4-person household. Public housing can go up to 80% ($41,650 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 Las Vegas, NM 87701?

For many programs in Las Vegas, NM 87701, the 2026 HUD very low-income (50%) limit is $26,050 a year for 1 person and $37,150 for 4 people. The low-income (80%) limit is $41,650 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 Las Vegas, NM 87701?

In public housing and most Section 8 in Las Vegas, NM 87701, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Las Vegas, NM 87701 is $1,070 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 Las Vegas Apts take Section 8 vouchers?

This file does not say that Las Vegas Apts has a project-based Section 8 contract. Some landlords in Las Vegas, NM 87701 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Las Vegas Apts.

Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Public Housing Developments, 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.