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Affordable & Income-Based Housing in Socorro

Socorro, NM has 10 income-based rental properties offering 141 units across the city. With a median market rent of $711 per month (Census ACS 5-Year), affordable housing here can make a meaningful difference for renters. This guide brings together key details on available properties to help you find the right fit.

10
Properties
141
Total units
87/100
Avg HUD score

At a glance

🏠 Affordability
$711/mo

Affordability in Socorro, NM

According to Census ACS 5-Year data (as of 2024), the median gross rent in Socorro is $711 per month and the median household income is $39,375 per year, with renters making up 43% of occupied households. These figures provide helpful context for understanding how assisted housing options in the city compare to local market-rate costs.

Census ACS 5-Year
🛡️ Safety
727 / 100k · 2024

Safety

According to FBI Crime Data Explorer, the Socorro Police Department reported a violent crime rate of 727 per 100,000 residents in 2024. Crime rates are not directly comparable across cities due to differences in reporting practices and local definitions.

Of the 2 HUD-assisted properties in Socorro tracked on Lease Lantern, none are located in a FEMA-designated high-risk flood zone.

FBI Crime Data Explorer
🚶 Getting around
Walk Score 71 · Very Walkable

Getting Around Socorro

According to Walk Score, the area around assisted properties in Socorro has a Walk Score of 71 ("Very Walkable") and a Bike Score of 73. No Transit Score is available for this area.

Walk Score
🎓 Schools
4 schools · 1 districts

Schools

According to NCES Common Core of Data, 4 public schools across 1 district serve Socorro, including 2 elementary, 1 middle, and 1 high school. Quality and programs vary by school, so renters should check the assigned schools for their specific address before signing a lease.

NCES Common Core of Data
📊 Cost of living
$39,375 median income

Housing Costs in Socorro, NM

The median household income in Socorro is $39,375 per year, according to Census ACS 5-Year data. The median gross rent in the city is $711 per month, according to the same source.

Assisted housing in Socorro can offer significant savings for income-qualifying renters. The 96 income-restricted units across 2 properties in the city are tied to program-set rent limits rather than the open market rate.

  • Median household income: $39,375/year (Census ACS 5-Year)
  • Median market rent: $711/month (Census ACS 5-Year)
  • Share of households that rent: 43% (Census ACS 5-Year)
Census ACS 5-Year
🌊 Environment & risk

Environmental Exposure

Both assisted properties in Socorro have been mapped for flood risk, and neither falls in a high-risk flood zone. Flood exposure for HUD-assisted housing here is low based on available flood data.

FEMA · EPA AirNow
HUD Inspection Scoresavg 87/100(2 of 10 scored)
90+ (1)70–89 (1)No score (8)

10 properties on the map

Top-rated properties

Browse all 10 affordable apartments in Socorro→

Other cities in NM

› Affordable housing in Albuquerque› Artesia income-based apartments› Income-restricted rentals in Belen› Carlsbad affordable apartments› HUD & Section 8 housing in Clovis› Affordable housing in Deming› Farmington income-based apartments› Income-restricted rentals in Gallup› Grants affordable apartments› HUD & Section 8 housing in Hobbs› Affordable housing in Las Cruces› Las Vegas income-based apartments

Your rights & resources

› How HUD & Section 8 housing works› Tenant rights in NM› Housing assistance & waitlists› Free legal aid (LawHelp)› Energy bill help (LIHEAP)

Read more

About Affordable Housing in Socorro, NM

Socorro is a small New Mexico city along the Rio Grande, home to New Mexico Tech and a compact downtown. Lease Lantern tracks 2 HUD-assisted or income-based properties here, covering 96 total units. Both properties have been scored, with one rated excellent and one rated good.

Neither mapped property carries a high flood risk, according to Lease Lantern flood data.

Renting in Socorro

Roughly 43 percent of Socorro households rent their homes, according to the Census ACS 5-Year estimate (as of 2024). The citywide median rent is $711 per month and the median household income is $39,375 annually, both per the Census ACS 5-Year (as of 2024), giving some context for how income-based housing fits into the local market.

Getting Around Socorro

Socorro scores 71 (Very Walkable) and 73 for bikeability, according to Walk Score, suggesting many daily errands are manageable on foot or by bike.

Schools Near Socorro Properties

The city is served by 1 school district operating 4 public schools -- 2 elementary, 1 middle, and 1 high school -- according to NCES Common Core of Data.

Public Safety

The Socorro Police Department reported a violent crime rate of 727 per 100,000 residents in 2024, according to the FBI Crime Data Explorer.

Eligibility & how to apply

New Mexico income limits (2026)New Mexico public housing authoritiesSection 8 waitlists in New Mexico

Helpful guides

How Section 8 Vouchers WorkWhat Is Income-Based Housing?How to Apply for Affordable HousingSection 8 vs. LIHTCUnderstanding HUD Inspection ScoresHow Affordable Housing Waitlists Work
Research: what 22,600 HUD inspection scores reveal →