Subsidized & Low Income Housing Near 88240
11 assisted properties with roughly 685 subsidized units share this ZIP code (Hobbs, NM). Median tenant-paid rent runs about $330/month.
11
properties
685
assisted units
$330
median rent
New Mexico
state
All subsidized properties in 88240
| Property | City | Units | Avg rent |
|---|---|---|---|
| Hobbs Apartments PB Section 8 | Hobbs | 151 | $179 |
| Four Seasons Apartments PB Section 8 | Hobbs | 80 | $330 |
| Broadway Apts LIHTC | Hobbs | 78 | — |
| Washington Place Apartments PB Section 8 | Hobbs | 76 | $248 |
| Casa Hermosa LIHTC | Hobbs | 73 | — |
| The Cedars PB Section 8 | Hobbs | 63 | $353 |
| La Pradera LIHTC | Hobbs | 60 | — |
| Willow Bend Villas LIHTC | Hobbs | 60 | — |
| Sunrise Homes LIHTC | Hobbs | 32 | — |
| Broadway Place LIHTC | Hobbs | 12 | — |
| New Leaf Community §811 PRA | Hobbs | 0 | — |
Covering cities
Frequently asked questions
How many subsidized properties are near ZIP code 88240?
Our database tracks 11 federally supported properties in or near ZIP 88240, totaling roughly 685 assisted units.
How do I apply?
Apply directly to each property's management office — every profile above includes program details and application steps. For vouchers, contact the local housing authority. Applications are always free.
Data: HUD Picture of Subsidized Households & LIHTC database. Equal Housing Opportunity. Not affiliated with HUD.