About This Property
Villa De San Felipe comprises 161 units in Albuquerque, New Mexico, including 65 low-income units financed through 9% Low-Income Housing Tax Credits. The property, which entered service in 2001, offers a mix of 76 studio, 53 one-bedroom, and 32 two-bedroom units. The community is currently managed by on-site staff.
Waitlist Information
Waitlist managed by City of Albuquerque Housing Authority
AHA maintains one community-wide public housing list, ordered by preference points and then by the date and time of a complete application. Federal preferences include involuntary displacement, loss of home due to disaster, or needing to move to avoid reprisals; local preferences include being employed or going to school, or participating in welfare-to-work or job training programs, and for applicants who are disabled or elderly.
Applicants are placed on the waiting list using a lottery system, and the application pool and waiting list are purged annually. Federal preferences include involuntary displacement, loss of home due to disaster, or needing to move to avoid reprisals; local preferences include being employed or going to school, or participating in welfare-to-work or job training programs, and for applicants who are disabled or elderly.
Waitlist data provided by section8waitlist.org
Updated November 4, 2026
Property Details
Fair Market Rent - Bernalillo County, NM
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $828 |
| 1 Bedroom | $1,005 |
| 2 Bedroom | $1,222 |
| 3 Bedroom | $1,722 |
| 4 Bedroom | $2,064 |
Income Limits - Bernalillo County, NM
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,200
- Very Low (50%)
- $23,650
- Low (80%)
- $37,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,000
- Low (80%)
- $43,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,400
- Low (80%)
- $48,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,750
- Low (80%)
- $54,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,450
- Low (80%)
- $58,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,150
- Low (80%)
- $62,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,850
- Low (80%)
- $67,000
- Extremely Low (30%)
- $44,550
- Very Low (50%)
- $44,550
- Low (80%)
- $71,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,200 | $23,650 | $37,800 |
| 2 Persons | $17,420 | $27,000 | $43,200 |
| 3 Persons | $21,960 | $30,400 | $48,600 |
| 4 Persons | $26,500 | $33,750 | $54,000 |
| 5 Persons | $31,040 | $36,450 | $58,350 |
| 6 Persons | $35,580 | $39,150 | $62,650 |
| 7 Persons | $40,120 | $41,850 | $67,000 |
| 8 Persons | $44,550 | $44,550 | $71,300 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Albuquerque, NM?+
The Fair Market Rent (FMR) for Bernalillo County, NM is: $828 (Studio), $1005 (1BR), $1222 (2BR), $1722 (3BR), $2064 (4BR). Actual rent at subsidized properties like Villa De San Felipe is typically 30% of household income or less.
What size apartments are available at Villa De San Felipe?+
Villa De San Felipe offers the following unit types: 76 Studio, 53 One-Bedroom, 32 Two-Bedroom units, for a total of 161 units.
Who manages Villa De San Felipe?+
Villa De San Felipe is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Villa De San Felipe?+
Villa De San Felipe is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What are the income limits for affordable housing in Bernalillo County, NM?+
For a 4-person household in Bernalillo County, NM, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,750, Low Income (80% AMI): $54,000. These limits are set by HUD and updated annually.
Is there a waitlist for Villa De San Felipe?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closing Soon but will be closing soon. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What is the price range for apartments in Albuquerque, NM?+
Based on Fair Market Rent for Bernalillo County, the estimated price range is: 1-bedroom: $1005, 2-bedroom: $1222. Actual rent at Villa De San Felipe may be lower for income-eligible households.
Contact Information
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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