; Low Income Apartments For Rent in Pecos, TX

Apply to Pecos Apartment Waiting Lists

Mission Village of Pecos

1604 Washington St
Pecos, Texas
Rent Assisted
LIHTC
BMIR
Call For Rent
1-3 BR

Country Club Apartments

2700 Country Club Dr
Pecos, Texas
Rent Assisted
LIHTC

Country Club Apartments

Country Club Dr
Pecos, Texas
Rent Assisted
USDA S. 538

1101 Orange St

1101 Orange St
Pecos, Texas
Subsidized
Public Housing
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There are 100 low-income apartments in Pecos that offer reduced rents to eligible households.

Rental assistance programs support 130 low-income homes in Pecos where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Pecos, Texas

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Housing Authority Programs
Housing Authority of Pecos Public Housing
Housing Authority of Odessa Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the Texas Public Housing and Low-Income Apartments Waiting Lists page for openings near Pecos.

Pecos, Texas Affordable Housing Data

Income Based Apartments in Pecos, Texas

Pecos features 130 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 Pecos, Texas

There are 100 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pecos.

Housing Choice Vouchers in Pecos, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Pecos, Texas for a two-bedroom apartment is between $911 and $1,113.

2024 Pecos, 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
Pecos, Texas Fair Market Rent $788 $815 $1,012 $1,378 $1,504
Pecos, Texas Payment Standard Range $709 to $867 $734 to $897 $911 to $1,113 $1,240 to $1,516 $1,354 to $1,654

Sourced from federal housing data and AffordableHousingOnline.com research.

Pecos, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 230
Total Housing Units with Rental Assistance 130
Percentage of Housing Units Occupied By Renters 27.53%
Average Renter Household Size 2.75
Average Household Size 3.17
Median Household Income $46,283 ±$7,105
Median Rent $711 ±$91
Percentage Of Renters Overburdened 24.07% ± 8.14pp
Total Population 9,074

Population and Household Demographics

Pecos is a city in Reeves County, Texas with a population of 9,074. There are 2,837 households in the city with an average household size of 3.17 persons. 27.53% of households in Pecos are renters.

Income and Rent Overburden in Pecos

The median gross income for households in Pecos is $46,283 a year, or $3,857 a month. The median rent for the city is $711 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Pecos, a household making less than $2,370 a month would be considered overburdened when renting an apartment at or above the median rent. 24.07% of households who rent are overburdened in Pecos.

Area Median Income In Pecos

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 Pecos, the AMI is calculated from all households within Reeves County.

In Pecos, HUD calculates the Area Median Income for a family of four as $69,600

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 Pecos

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 Pecos

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 Pecos AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,400 $19,720 $24,860 $30,000 $35,140 $40,280 $45,350 $48,250
50% AMI Income Limits
Renters earning up to 50% of the Pecos AMI may qualify for rental assistance programs that target Very Low Income households.
$25,600 $29,250 $32,900 $36,550 $39,500 $42,400 $45,350 $48,250
80% AMI Income Limits
Renters earning up to 80% of the Pecos AMI may qualify for rental assistance programs that target Low Income households.
$40,950 $46,800 $52,650 $58,500 $63,200 $67,900 $72,550 $77,250