Affordable & Low-Income Housing in Albuquerque, NM 87102
12 affordable buildings in 87102 · 81 more within 8 mi
Albuquerque, NM 87102 has 12 income-restricted buildings: 6 tax credit, 1 public housing, 5 Section 8, and 2 senior. 81 more are listed within 8 miles. These lists don't show openings — call to ask about vacancies and waiting lists.
In 87102
SW Albuq
701 5th St SW Apt 14, Albuquerque, NM 87102
166 units · 1–3 BR
- Apply through City of Albuquerque Housing Authority
- Residents waited about 28 months to move in (HUD, Oct 2026)
Imperial Apartments
205 Silver Avenue SW, Albuquerque, NM 87102
59 units · 15 income-restricted · Studio–2 BR
El Paseo Village
420 Coal St SE, Albuquerque, NM 87102
20 units · Studio–1 BR · People with disabilities
Hibernian House Senior Housing
600 Coal Ave SW, Albuquerque, NM 87102
20 units · 19 income-restricted · 1 BR
New Mexico Mortgage Finance Authority
344 4th St SW, Albuquerque, NM 87102
Villa De San Felipe
701 Coal Ave SW, Albuquerque, NM 87102
161 units · 65 income-restricted · Studio–2 BR
No buildings in 87102 match this filter.
Nearby
The 20 closest of 81 in nearby ZIPs. Pick a ZIP below to see all of them.
Sawmill Lofts
1801 Bellamah Ave NW, Albuquerque, NM 87104
1.7 mi away
60 units · 59 income-restricted · 1–3 BR
Mountain View III Apartments
1333 Columbia Street SE, Albuquerque, NM 87106
1.9 mi away
124 units · Studio–3 BR
Mountain View II Apartments
2323 Kathryn Ave, SE., Albuquerque, NM 87106
1.9 mi away
100 units · Studio–3 BR
Saint Anthonys Plaza Apartments
1750 Indian School Road NW, Albuquerque, NM 87104
2.2 mi away
160 units · 1–4+ BR
47th St Venture
4700 Rincon Pl NW, Albuquerque, NM 87105
2.5 mi away
1 unit
- Several buildings — call for addresses
47th St Venture
4704 Rincon Pl NW, Albuquerque, NM 87105
2.5 mi away
1 unit
- Several buildings — call for addresses
47th St Venture
4708 Rincon Pl NW, Albuquerque, NM 87105
2.5 mi away
1 unit
- Several buildings — call for addresses
47th St Venture
323 47th St NW, Albuquerque, NM 87105
2.5 mi away
1 unit
- Several buildings — call for addresses
47th St Venture
4705 Rincon Pl NW, Albuquerque, NM 87105
2.5 mi away
1 unit
- Several buildings — call for addresses
47th St Venture
4716 Rincon Pl NW, Albuquerque, NM 87105
2.5 mi away
1 unit
- Several buildings — call for addresses
47th St Venture
4709 Rincon Pl NW, Albuquerque, NM 87105
2.5 mi away
1 unit
- Several buildings — call for addresses
47th St Venture
4715 Rincon Pl NW, Albuquerque, NM 87105
2.6 mi away
1 unit
- Several buildings — call for addresses
47th St Venture
4719 Rincon Pl NW, Albuquerque, NM 87105
2.6 mi away
1 unit
- Several buildings — call for addresses
47th St Venture
4723 Rincon Pl NW, Albuquerque, NM 87105
2.6 mi away
1 unit
- Several buildings — call for addresses
Mountain View I
Mountain View I aka La Vida Nueva, Albuquerque, NM 87106
2.6 mi away
316 units · 284 income-restricted · Studio–3 BR
Concha Ortiz Y Pino De Kleven
4139 Mesa Verde Ave NE, Albuquerque, NM 87110
2.8 mi away
10 units · 1–2 BR · People with disabilities
No nearby buildings match this filter.
Rents and income limits in 87102
- Fair market rent, 2 bedrooms
- $1,320/mo
- Income needed to pay it at 30% of income
- $52,800/yr
- Renters in 87102 paying 30% or more of income on rent
- 61%
Income limits (2026)
Albuquerque, NM area · median family income $100,400. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $21,100 | $35,150 | $56,250 |
| 2 | $24,100 | $40,200 | $64,250 |
| 3 | $27,320 | $45,200 | $72,300 |
| 4 | $33,000 | $50,200 | $80,300 |
| 5 | $38,680 | $54,250 | $86,750 |
| 6 | $44,360 | $58,250 | $93,150 |
| 7 | $50,040 | $62,250 | $99,600 |
| 8 | $55,720 | $66,300 | $106,000 |
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 | 87102 | Wider area |
|---|---|---|
| Studio | $910 | $977 |
| 1 bedroom | $1,070 | $1,112 |
| 2 bedrooms | $1,320 | $1,384 |
| 3 bedrooms | $1,840 | $1,902 |
| 4 bedrooms | $2,160 | $2,242 |
Wider area = Albuquerque, NM. Two-bedroom fair market rents in 12 nearby ZIPs range from $1,320 (87107) to $2,080 (87116).
Census figures for 87102 (2020–2024 average): median rent $928. Median household income $42,990. 65% of homes are rented. 61% of renters pay 30% or more of their income on rent, and 27% 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 87102's fair market rent.
Estimate your Section 8 rent share for 87102Frequently Asked Questions
Is there Section 8 housing in Albuquerque, NM 87102?
Yes — this directory lists income-restricted buildings in Albuquerque, NM 87102, including project-based Section 8 apartments (the subsidy stays with the unit), public housing, tax-credit, and USDA rural rentals. Housing Choice Vouchers are different: you apply with the local housing authority and can use them at a private landlord. Estimate your voucher rent share with the Section 8 calculator.
Do affordable housing buildings in Albuquerque, NM 87102 have openings?
These lists for Albuquerque, NM 87102 don't show openings. Call the property (or the housing authority, for public housing) to ask about vacancies and waiting lists.
How do I apply for affordable housing in Albuquerque, NM 87102?
Use the phone number on each building card in Albuquerque, NM 87102. Public housing is run by the local housing authority — apply with them, not at the building. USDA rural rentals can also be found through USDA's property search.
What counts as affordable housing in Albuquerque, NM 87102?
In Albuquerque, NM 87102, this directory lists income-restricted rentals from HUD tax-credit (LIHTC) records, public housing, HUD-assisted buildings (including project-based Section 8, 202, and 811), and USDA Rural Development.
How many affordable housing buildings are in ZIP 87102?
This directory lists 12 income-restricted buildings in Albuquerque, NM 87102. The list does not show vacancies — call each property or the housing authority to ask about openings and waiting lists.
Is there affordable housing near 87102?
Yes — this page also lists 81 income-restricted buildings in ZIP codes near Albuquerque, NM 87102 (within about 8 miles). Pick a nearby ZIP to see every building there.
People Also Ask
How do I qualify for affordable housing in Albuquerque, NM 87102?
Most income-restricted buildings in Albuquerque, NM 87102 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 $35,150, and $50,200 for a 4-person household. Public housing can go up to 80% ($56,250 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 Albuquerque, NM 87102?
For many programs in Albuquerque, NM 87102, the 2026 HUD very low-income (50%) limit is $35,150 a year for 1 person and $50,200 for 4 people. The low-income (80%) limit is $56,250 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.
How long is the waiting list for Section 8 in Albuquerque, NM 87102?
There is no single waiting list for Albuquerque, NM 87102. Public housing, project-based Section 8, and tax-credit buildings each keep their own list. Housing Choice Voucher lists at the housing authority open only sometimes and can stay closed for years. This directory does not show which lists are open — call the number on each card. Some public housing cards show HUD's reported wait in months.
What is the difference between Section 8 and public housing in Albuquerque, NM 87102?
Public housing is owned by a housing authority — you apply with that agency, not at the building. Project-based Section 8 is a HUD contract on a private building; the subsidy stays with the apartment. A Housing Choice Voucher is different: you apply with the housing authority and can use it at a landlord who takes it. This page lists public housing, project-based Section 8, tax-credit apartments in Albuquerque, NM 87102. Estimate voucher rent share with the Section 8 calculator.
How much rent do you pay for low-income housing in Albuquerque, NM 87102?
In public housing and most Section 8 in Albuquerque, NM 87102, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Albuquerque, NM 87102 is $1,320 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.
Can I use a Section 8 voucher at affordable apartments in Albuquerque, NM 87102?
A Housing Choice Voucher is not automatically accepted at every building in Albuquerque, NM 87102. Project-based Section 8 units already have a subsidy on the apartment — you apply there, not with a tenant voucher. For a voucher, apply with the housing authority, then ask each landlord. Estimate your share with the Section 8 calculator.
Is there senior affordable housing in Albuquerque, NM 87102?
Yes — this directory flags senior (often 62+) buildings in Albuquerque, NM 87102. Use the Seniors filter on the list. Age rules vary; call to confirm.
Nearby ZIP codes
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026; HUD Public Housing Developments, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying.
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