Builders Patch | HousingCount Rio Grande County affordable housing data.
Rio Grande County
Summary
- 28.2% share of renter households
- 48.3% share of low-income households
- 33.2% share of rent-burdened households
Renter population data
Renters vs homeowners
| Households | % share |
|---|---|
| Renter households | 1,300 |
| Homeowner households | 3,316 |
| Total households | 4,616 |
Low-income renter households
| Income Group | Households | % share |
|---|---|---|
| Extremely low-income (≤30% AMI) | 123 | 9.5% |
| Very low-income (31-50% AMI) | 297 | 22.8% |
| Low-income (51-80% AMI) | 208 | 16.0% |
| All low-income households (<80% AMI) | 628 | 48.3% |
Rent-burdened households
| Share of income spent on rent | Households | % share |
|---|---|---|
| Moderately rent-burdened | 284 | 21.8% |
| 30.0–34.9% | 133 | 10.2% |
| 35.0–39.9% | 30 | 2.3% |
| 40.0-49.9% | 121 | 9.3% |
| Severely rent-burdened | 148 | 11.4% |
| All rent-burdened households | 432 | 33.2% |
Affordable housing shortage
Rent vs median household income
| Year | Median household income ($) | Median rent ($) |
|---|---|---|
| 2010 | 22,759 | 997 |
| 2021 | 30,404 | 488 |
| Increase (2010–2021) | 33.6% | -51.1% |
Affordable housing stock
| Description | Units |
|---|---|
| Supply (current stock) | 154 |
| Demand (total units needed) | 361 |
| Shortage | 262 |
| Supply/Demand Ratio | 42.7% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Type | Year | Zipcode | Units | Income Ceiling | LIHTC Allocation |
|---|---|---|---|---|---|---|
| HIGHBRIDGE OVERLOOK | New construction | 2014 | N/A | 154 | 60% AMI | $1,804,887 |
| IRVINGTON FAMILY APTS | New construction | 2007 | N/A | 99 | 60% AMI | $1,378,252 |
| HILLTOP VILLAGE | New construction - Acquisition and Rehab | 2012 | N/A | 200 | 60% AMI | $504,385 |
| HUNTINGTON RESERVE | NA | 2006 | N/A | 168 | 60% AMI | $424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction | 2016 | N/A | 61 | 60% AMI | $1,557,010 |
| INTERVALE GARDENS LLC | New construction | 2008 | N/A | 65 | 60% AMI | $659,087 |
| HOMES OF RENAISSANCE PRESERVE II | New construction | 2012 | N/A | 88 | 60% AMI | $1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction | 2013 | N/A | 39 | 60% AMI | $674,261 |
| IMPERIAL GARDENS FAMILY APTS | New construction | 2009 | N/A | 76 | 60% AMI | $1,142,750 |
| HOLLY HEIGHTS I + II APARTMENTS | Acquisition and Rehab | 2016 | N/A | 41 | 60% AMI | $435,816 |