; Low Income Apartments For Rent in May, TX

Allen-Mcdaniel Apt

3550 Lindley St
May, Texas
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
Showing Results 1-15
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There are 0 low-income apartments in May that offer reduced rents to eligible households.

Rental assistance programs support 11 low-income homes in May where households pay rent based on how much they earn.

Affordable rent data for some communities last confirmed on April 23rd, 2021. Subdsidized rents typically change once a year based on federal guidance.

May, Texas Affordable Housing Data

Income Based Apartments in May, Texas

May features 11 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in May, Texas

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in May.

Housing Choice Vouchers in May, Texas

On average, Section 8 Housing Choice vouchers pay May landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in May.

The maximum amount a voucher would pay on behalf of a low-income tenant in May, Texas for a two-bedroom apartment is between $815 and $996.

2024 May, Texas Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
May, Texas Fair Market Rent $705 $729 $905 $1,275 $1,345
May, Texas Payment Standard Range $635 to $776 $656 to $802 $815 to $996 $1,148 to $1,403 $1,211 to $1,480

Sourced from federal housing data and AffordableHousingOnline.com research.

May, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 11
Total Housing Units with Rental Assistance 11
Percentage of Housing Units Occupied By Renters %
Average Renter Household Size 0.00
Average Household Size 1.39
Median Household Income $32,955 ±$9,853
Median Rent $0 ±$0
Total Population 25

Population and Household Demographics

May is a city in Zavala County, Texas with a population of 25. There are 18 households in the city with an average household size of 1.39 persons. % of households in May are renters.

Income and Rent Overburden in May

The median gross income for households in May is $32,955 a year, or $2,746 a month. The median rent for the city is $0 a month.

Area Median Income In May

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For May, the AMI is calculated from all households within Zavala County.

In May, HUD calculates the Area Median Income for a family of four as $53,400

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in May

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in May

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the May AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,200 $19,720 $24,860 $30,000 $35,140 $40,280 $44,750 $47,600
50% AMI Income Limits
Renters earning up to 50% of the May AMI may qualify for rental assistance programs that target Very Low Income households.
$25,250 $28,850 $32,450 $36,050 $38,950 $41,850 $44,750 $47,600
80% AMI Income Limits
Renters earning up to 80% of the May AMI may qualify for rental assistance programs that target Low Income households.
$40,400 $46,150 $51,900 $57,650 $62,300 $66,900 $71,500 $76,100