Market rent for the 1 BD units is $605, and for 2BD units is $705. However, there are units available at what is referred to as ‘Workforce Rent’, i.e., rents based on income.

In order to qualify for workforce rents at less than 30% of median income, your income needs to be:

            1 person  = $15,200 or less
            2 persons = $17,400 or less
            3 persons = $19,600 or less
            4 persons = $21,750 or less
The rent would be $319 for 1BD and $378 for 2BD.

In order to qualify for workforce rents at less than 40% of median income, your income needs to be:

            1 person  = $20,333 or less
            2 persons = $23,200 or less
            3 persons = $26,133 or less
            4 persons = $29,000 or less
The rent would be $435 for 1BD and $532 for 2BD.

In order to qualify for workforce rents at less than 50% of median income, your income needs to be:

            1 person  = $25,417 or less
            2 persons = $29,000 or less
            3 persons = $32,667 or less
            4 persons = $36,250 or less
The rent would be $505 for 1BD and $605 for 2BD.

And finally, in order to qualify for workforce rents at less than 60% of median income, your income needs to be:

            1 person  = $30,500 or less
            2 persons = $34,800 or less
            3 persons = $39,200 or less
            4 persons = $43,500 or less
The rent would be $560 for 1BD and $660 for 2BD.

Deposits are:
   1BD $200
   2BD $400

Disclaimer: Although every effort has been made to provide complete and accurate information, Rio Grande Village makes no warranties, express or implied, or representations as to the accuracy of content on this website. Please contact us to ensure proper and current information.