Low-Income Apartments in Hobbs, New Mexico
7 Communities
242 Low-Income Units
These Hobbs apartment communities were built under the Low-Income Housing Tax Credit program and reserve units for lower-income renters at restricted rents. Contact each property directly to apply. Rents and availability change; the property can confirm current income limits.
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7 Tax-Credit Communities in Hobbs
| Community | Address | Low-Income Units | Total Units | Year |
|---|---|---|---|---|
| Broadway Apts | 1200 E Broadway St, 88240 | 78 | 78 | 1997 |
| Broadway Place | 1204 E Broadway St, 88240 | 12 | 12 | 1998 |
| Casa Hermosa | 920 E Michigan Dr, 88240 | - | 73 | - |
| La Pradera | 1023 E Glorietta Dr, 88240 | 60 | 60 | - |
| Playa Escondida Apartments | 1021 East Yeso Street, 82240 | - | - | - |
| Sunrise Homes | 1515 E Scharbauer St, 88240 | 32 | 32 | 1998 |
| Willow Bend Villas | 1000 N Marland Blvd, 88240 | 60 | 60 | 2005 |
Hobbs Low-Income Apartment FAQs
HUD's LIHTC database lists 7 tax-credit apartment communities in Hobbs, together offering about 242 income-restricted units out of 315 total units.
Apply directly to the property - there is no central waiting list for tax-credit apartments. Income limits are typically around 60% of the area median income; check your household's eligibility with our income eligibility guide, and contact the community for current availability and rents.
Often yes - most LIHTC properties accept Housing Choice Vouchers, which lowers your out-of-pocket rent further. See New Mexico Section 8 waiting lists to apply for a voucher.
Related Resources
Source: HUD Low-Income Housing Tax Credit (LIHTC) property database · huduser.gov