Low Income Apartments and Affordable Housing For Rent in Show Low, AZ

Discover affordable housing in Show Low where there are 10+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

White Mountain Villas

250 E. Owens, Show Low, Arizona 85901

Timberstone

100 W Cooley St , Show Low, Arizona 85901

Mountain Oaks Apartments

150 N 5th St, Show Low, Arizona 85901

Ponderosa Park Apartments

981 W McNeil, Show Low, Arizona 85901

Grantree Apartments

90 W Old Linden Rd, Show Low, Arizona 85901

Mountain Park Townhomes

3060 E Show Low Lake Rd, Show Low, Arizona 85901

Timberstone Apartments II

200 W Cooley St, Show Low, Arizona 85901

Mountain Village

301 E McNeil, Show Low, Arizona 85901

Ponderosa Meadows

250 N 16th Ave, Show Low, Arizona 85901

Show Low Apts

1451 W Mcneil, Show Low, Arizona

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Show Low, Arizona
$22.54/hour
$8.19 (+57%) more than Arizona minimum wage and $15.29 (+211%) more than the Federal minimum wage.
Learn More About Show Low, Arizona Affordable Housing ↓

How many renters live in Show Low, Arizona?

The City of Show Low has 11,767 people living in 4,806 households.

There are 3,931 renters living in 1,541 renter households in this City. Renters make up 33.41 percent of the population living in Show Low.

What is the rental market like in Show Low, Arizona?

There are an estimated 7,756 housing units in the Show Low area. Of these, 1,675 units are rental homes, making up 22 percent of the housing market. For every renter household in Show Low, Arizona, there are 1 rental units.

What is the vacancy rate for rentals in Show Low?

The rental vacancy rate in Show Low is 3 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Show Low for each bedroom size?

Occupied Rental Units by Size in Show Low
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
59 163 712 585 22
Occupied Rental Units by Size in Show Low

A large number of apartments in Show Low have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Show Low are overburdened by housing costs?

Among renter households in this market, 55 percent have housing cost burden. Further, 11 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Show Low

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $856 to $1,585. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $856
One BR $906
Two BR $1,190
Three BR $1,509
Four BR $1,585
2024 Fair Market Rents in Show Low, Arizona

How many units are rented at Fair Market Rent (FMR) in Show Low?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 21 36 percent
One BR 79 48 percent
Two BR 341 48 percent
Rental Units Below FMR in Show Low, Arizona

How many affordable rental units are in Show Low?

There are a variety of federal affordable housing programs serving households in Show Low, Arizona including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 340
USDA Section 515 Rural Rental Housing 162
Tracked Units by Federal Program in Show Low, Arizona

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Show Low, Arizona

Show Low features 162 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 Show Low, Arizona

There are 272 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Show Low.

Housing Choice Vouchers in Show Low, Arizona

On average, Section 8 Housing Choice vouchers pay Show Low landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Show Low.

The maximum amount a voucher would pay on behalf of a low-income tenant in Show Low, Arizona for a two-bedroom apartment is between $1,071 and $1,309.

Sourced from federal housing data and AffordableHousingOnline.com research.