New Mexico

USDA rental housing in Luna County, NM

9 properties in Luna County have USDA Section 515 or 514 financing: 377 apartments across 2 towns. 285 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

9properties
377apartments
285rental assistance units
13vacant units reported

Equal housing opportunity. Properties financed by USDA Rural Development must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin. If you believe you were treated unfairly, you can file a complaint with HUD at 1-800-669-9777 or with USDA at 866-632-9992.

Open Country does not own, manage or rent these properties and does not take applications. Contact each property's management company for availability, rents and eligibility. Listings come from USDA's public data and may be out of date.

Columbus Apts

23020 W Botanico, Columbus, NM 88029

Family · 16 2BR, 8 3BR

Units
24
Rental assistance
23
Vacant
2
Accessible
2
Opened
1996

Desert Sun Apts

1201 N. 8th Street, Deming, NM 88030

Family · 20 3BR, 20 4BR · Section 514 off-farm labor housing

Units
40
Rental assistance
37
Vacant
0
Accessible
2
Opened
2002

Desert Sun Apts II

1101 N. 8th Street, Deming, NM 88030

Family · 16 2BR, 24 3BR, 16 4BR · Section 514 off-farm labor housing

Units
56
Rental assistance
55
Vacant
1
Accessible
3
Opened
2005

Florida Village

601 W Florida St, Deming, NM 88030

Elderly · 40 1BR, 8 2BR

Managed by Monarch Properties, INC

Units
48
Rental assistance
38
Vacant
2
Accessible
3
Opened
1987

La Paloma Del Sol

601 Santa Monica St., Deming, NM 88030

Family · 24 2BR, 14 3BR

Units
38
Rental assistance
37
Vacant
1
Accessible
2
Opened
1991

La Paloma Del Sol II Apts

1400 E. Birch St., Deming, NM 88030

Family · 24 2BR, 14 3BR

Units
38
Rental assistance
33
Vacant
1
Accessible
3
Opened
1993

Mountain View Apartments

1101 S Shelly Dr, Deming, NM 88030

Elderly · 44 1BR, 4 2BR

Managed by Monarch Properties, INC

Units
48
Rental assistance
0
Vacant
1
Accessible
3
Opened
1979

Rio Mimbres

400 W Florida St, Deming, NM 88030

Family · 10 1BR, 40 2BR, 10 3BR

Units
60
Rental assistance
42
Vacant
3
Accessible
3
Opened
1992

Sierra Vista

878 N. Iron Street, Deming, NM 88030

Family · 12 2BR, 13 3BR

Units
25
Rental assistance
20
Vacant
2
Accessible
2
Opened
2013

Source: USDA Rural Development, Section 515/514 active properties file (data as of October 19, 2026). Vacancies are as USDA last recorded them, not live availability.

Who can rent here

USDA-financed apartments are for very low, low and moderate income households (7 CFR 3560.152), and elderly and congregate properties also require a household that meets USDA's definition of elderly. In a unit with USDA rental assistance, the tenant pays the highest of 30% of monthly adjusted income, 10% of gross monthly income or a welfare shelter allowance, and the assistance covers the rest of the rent (7 CFR 3560.203). Each property's manager checks income against USDA's limits for the area when you apply and can tell you whether a unit with rental assistance is open.

For owners and buyers

All 9 are limited-profit. 8 also have housing tax credits. 2 serve elderly tenants. Owners of aging 515 properties can use a Section 538 guaranteed loan to finance a transfer and rehab, at USDA's lower 60 and 25 basis point preservation fees. How 515 transfers work with 538.

Watch a property for maturity or prepayment

Pick a Luna County property. We'll email when USDA's monthly file shows its use-restriction date, rental assistance, unit count or ownership type change, or when it drops out of the active portfolio, which is what happens when the loan is prepaid or paid off.

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Every property in one file: 515/514 portfolio download (CSV and JSON).