Low Income Apartments and Affordable Housing For Rent in New Llano, LA

Discover affordable housing in New Llano 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.

Cedarwood

199 Cedarwood Dr, New Llano, Louisiana 71461

New Llano Seniors Apartments

301 Harper St, New Llano, Louisiana 71461

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In New Llano, Louisiana
$19.75/hour
$12.50 (+172%) more than Louisiana minimum wage and $12.50 (+172%) more than the Federal minimum wage.
Learn More About New Llano, Louisiana Affordable Housing ↓

What HUD offices serve New Llano, Louisiana?

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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for New Llano, Louisiana.

Go to the Louisiana Public Housing and Low-Income Apartments Waiting Lists page for openings near New Llano.

How many renters live in New Llano, Louisiana?

The City of New Llano has 2,290 people living in 1,014 households.

There are 1,248 renters living in 527 renter households in this City. Renters make up 54.5 percent of the population living in New Llano.

What is the rental market like in New Llano, Louisiana?

There are an estimated 1,178 housing units in the New Llano area. Of these, 574 units are rental homes, making up 49 percent of the housing market. For every renter household in New Llano, Louisiana, there are 1 rental units.

What is the vacancy rate for rentals in New Llano?

The rental vacancy rate in New Llano is 7 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 New Llano for each bedroom size?

Occupied Rental Units by Size in New Llano
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
18 40 217 189 63
Occupied Rental Units by Size in New Llano

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

Among renter households in this market, 31 percent have housing cost burden. Further, 17 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 New Llano

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $789 to $1,465. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $789
One BR $794
Two BR $1,043
Three BR $1,342
Four BR $1,465
2024 Fair Market Rents in New Llano, Louisiana

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

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 3 17 percent
One BR 38 95 percent
Two BR 192 88 percent
Rental Units Below FMR in New Llano, Louisiana

How many affordable rental units are in New Llano?

There are a variety of federal affordable housing programs serving households in New Llano, Louisiana including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 72
USDA Section 515 Rural Rental Housing 32
Tracked Units by Federal Program in New Llano, Louisiana

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

Income Based Apartments in New Llano, Louisiana

New Llano features 32 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 New Llano, Louisiana

There are 40 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New Llano.

Housing Choice Vouchers in New Llano, Louisiana

On average, Section 8 Housing Choice vouchers pay New Llano landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in New Llano.

The maximum amount a voucher would pay on behalf of a low-income tenant in New Llano, Louisiana for a two-bedroom apartment is between $939 and $1,147.

Sourced from federal housing data and AffordableHousingOnline.com research.