In models of low-energy supersymmetry (SUSY) without dimension-three supersymmetry breaking terms, the photino and gluino are very light. In most of these models the lightest R-odd, color-singlet state containing a gluino, the R0, has a mass in the 1–2 GeV range and the slightly lighter photino, gg, would be the relic R-odd species. For the photino masses considered here, previous calculations resulted in an unacceptable photino relic abundance. But we point out that processes other than photino self-annihilation determine the relic abundance when the photino and R0 are close in mass. We find that the photino relic abundance is most sensitive to the R0-to-gg mass ratio, and within model uncertainties, a critical density in photinos may be obtained for an R0-to-gg mass ratio in the range 1.2 to 2.2. We propose photinos in the mass range of 500 MeV to 1.6 GeV as a dark matter candidate, and discuss a strategy to test the hypothesis.