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

Discover affordable housing in Springerville where there are 2+ 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.

Villa Escudilla

360 S. Papago, Springerville, Arizona 85938

Lenwood Apartments

36 N Pima St, Springerville, Arizona 85938

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Springerville, Arizona
$20.02/hour
$5.67 (+40%) more than Arizona minimum wage and $12.77 (+176%) more than the Federal minimum wage.
Learn More About Springerville, Arizona Affordable Housing ↓

How many renters live in Springerville, Arizona?

The City of Springerville has 2,006 people living in 823 households.

There are 552 renters living in 228 renter households in this City. Renters make up 27.52 percent of the population living in Springerville.

What is the rental market like in Springerville, Arizona?

There are an estimated 1,075 housing units in the Springerville area. Of these, 292 units are rental homes, making up 27 percent of the housing market. For every renter household in Springerville, Arizona, there are 1 rental units.

What is the vacancy rate for rentals in Springerville?

The rental vacancy rate in Springerville is 22 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Springerville for each bedroom size?

Occupied Rental Units by Size in Springerville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
25 43 61 86 13
Occupied Rental Units by Size in Springerville

A large number of apartments in Springerville 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 Springerville are overburdened by housing costs?

Among renter households in this market, 48 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 Springerville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $716 to $1,461. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $716
One BR $804
Two BR $1,057
Three BR $1,417
Four BR $1,461
2024 Fair Market Rents in Springerville, Arizona

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

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 23 92 percent
One BR 37 86 percent
Two BR 47 77 percent
Rental Units Below FMR in Springerville, Arizona

How many affordable rental units are in Springerville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 24
Section 8 Project-Based Rental Assistance 31
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Springerville, Arizona

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

Income Based Apartments in Springerville, Arizona

Springerville features 56 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 Springerville, Arizona

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

Housing Choice Vouchers in Springerville, Arizona

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Springerville, Arizona for a two-bedroom apartment is between $951 and $1,163.

Sourced from federal housing data and AffordableHousingOnline.com research.