LeaseLantern

Affordable & Income-Based Housing in Grants

Grants, NM has 5 affordable and income-based rental properties totaling 265 units across the city. Of the 4 properties with inspection scores on record, 2 rated excellent and 2 rated good -- a strong overall picture for renters seeking quality housing. With a median rent of $783 per month (Census ACS 5-Year), these income-based options can offer meaningful savings for eligible households.

5
Properties
265
Total units
82/100
Avg HUD score

At a glance

🏠 Affordability
$783/mo

Affordability in Grants, NM

According to Census ACS 5-Year data (as of 2024), the median monthly rent in Grants is $783 and the median household income is $47,183 annually, with renters making up 40% of occupied housing units. Grants has 4 HUD-assisted or income-restricted properties totaling 185 units, offering an important source of below-market housing for income-qualifying renters in the area.

Census ACS 5-Year
🛡️ Safety
424 / 100k · 2024

Safety

According to FBI Crime Data Explorer, the Grants Police Department reported a violent crime rate of 424 per 100,000 residents in 2024. Crime rates are not comparable across cities due to differences in reporting practices and local definitions.

All 4 HUD-assisted properties in Grants were mapped for flood risk, and none fall within a high-risk flood zone.

FBI Crime Data Explorer
🚶 Getting around
Walk Score 24 · Car-Dependent

Getting Around Grants

According to Walk Score, the area around assisted properties in Grants scores 24 out of 100 (Car-Dependent), with a Bike Score of 38 out of 100. No Transit Score is available. Most errands and trips will require a personal vehicle.

Walk Score
🎓 Schools
7 schools · 2 districts

Schools

According to NCES Common Core of Data, 7 schools across 2 districts serve Grants, including 2 elementary, 1 middle, and 4 high schools. Ratings vary by school and district, so renters should check the assigned schools for a specific address.

NCES Common Core of Data
📊 Cost of living
$47,183 median income

Cost of Living in Grants, NM

The median household income in Grants is $47,183 per year, according to the Census ACS 5-Year estimate. The median monthly rent across all rental housing in the city is $783, per the same source.

Income-based and HUD-assisted housing in Grants can offer significant savings for households that qualify, with rents tied to a percentage of household income rather than market rates.

  • Median household income: $47,183/year (Census ACS 5-Year)
  • Median market rent: $783/month (Census ACS 5-Year)
  • Renter households: 40% of occupied housing units (Census ACS 5-Year)
Census ACS 5-Year
🌊 Environment & risk

Flood and Environmental Exposure

All 4 assisted properties in Grants have been mapped for flood zone status, and none fall within a high-risk flood zone. Flood exposure appears low across the city's affordable housing stock.

FEMA · EPA AirNow
HUD Inspection Scoresavg 82/100(4 of 5 scored)
90+ (2)70–89 (2)No score (1)

5 properties on the map

Top-rated properties

Browse all 5 affordable apartments in Grants

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A Closer Look at Grants, NM

Lease Lantern tracks 4 HUD-assisted and income-based properties across Grants, covering 185 units in a small city where roughly 40 percent of households rent, according to the Census ACS 5-Year estimates. With a median asking rent of $783 per month (Census ACS 5-Year) and a median household income of $47,183 (Census ACS 5-Year), affordable housing options here carry real weight for local renters.

All 4 properties in our inventory have been scored, and none fall into the fair or poor range -- 2 rated excellent and 2 rated good based on HUD inspection data. None of the 4 mapped properties carry a high flood risk.

Grants is a car-dependent community, with a Walk Score of 24 and a Bike Score of 38, according to Walk Score. The city is served by 7 public schools across 2 districts -- including 2 elementary, 1 middle, and 4 high schools -- according to NCES Common Core of Data. The Grants Police Department reported a violent crime rate of 424 per 100,000 in 2024, per the FBI Crime Data Explorer.

Eligibility & how to apply

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