Low Income Apartments and Affordable Housing For Rent in Denton, TX

Discover affordable housing in Denton where there are 15+ 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.

The Veranda

2420 E McKinney St, Denton, Texas 76209

Palladium Denton

1255 Poinsettia Blvd, Denton, Texas 76208

Primrose at Sequoia Park

1400 E University Drive, Denton, Texas 76209

Denton Affordable Housing

3821 Camelot St, Denton, Texas 76209

Denton Affordable Housing II

406 Mockingbird Ln, Denton, Texas 76209

Providence Place II

3500 Quail Creek Dr, Denton, Texas 76208

Renaissance Courts

1224 E Hickory St, Denton, Texas 76205

The Roxton

307 N Loop 288, Denton, Texas 76209

The Waterford

2100 Spencer Rd, Denton, Texas 76205

Country Park Apartments

1606 E McKinney St, Denton, Texas 76209

Pecan Place

306 S Locust St, Denton, Texas 76201

Fairoaks of Denton

1950 Lattimore St, Denton, Texas 76209

Denton Affordable Housing III

3401 Paisley St, Denton, Texas 76209

Pebble Brook Apartments

191 Duchess Dr, Denton, Texas 76208

Silverado Apartments

2417 Louise St, Denton, Texas 76201

calendar_today Opened: Jan 21
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Denton, Texas
$33.30/hour
$26.05 (+359%) more than Texas minimum wage and $26.05 (+359%) more than the Federal minimum wage.
Learn More About Denton, Texas Affordable Housing ↓

What HUD offices serve Denton, 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Section 8 Project-Based Voucher (PBV), Mainstream Voucher programs for Denton, Texas.
Operates the Section 8 Housing Choice Voucher (HCV), Homeownership Voucher programs for Denton, Texas.

Go to the Texas Public Housing and Low-Income Apartments Waiting Lists page for openings near Denton.

How many renters live in Denton, Texas?

The City of Denton has 150,357 people living in 56,771 households.

There are 63,840 renters living in 27,257 renter households in this City. Renters make up 42.46 percent of the population living in Denton.

What is the rental market like in Denton, Texas?

There are an estimated 56,256 housing units in the Denton area. Of these, 28,876 units are rental homes, making up 51 percent of the housing market. For every renter household in Denton, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Denton?

The rental vacancy rate in Denton is 6 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 Denton for each bedroom size?

Occupied Rental Units by Size in Denton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2,306 6,690 9,093 6,327 2,693
Occupied Rental Units by Size in Denton

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

Among renter households in this market, 53 percent have housing cost burden. Further, 30 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 Denton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,426 to $2,847. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,426
One BR $1,500
Two BR $1,758
Three BR $2,212
Four BR $2,847
2024 Fair Market Rents in Denton, Texas

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

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 2,048 89 percent
One BR 5,654 85 percent
Two BR 6,145 68 percent
Rental Units Below FMR in Denton, Texas

How many affordable rental units are in Denton?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,907
Section 202 Supportive Housing for the Elderly 40
Section 811 Supportive Housing for Persons with Disabilities 24
Tracked Units by Federal Program in Denton, Texas

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

Income Based Apartments in Denton, Texas

Denton features 65 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 Denton, Texas

There are 1,896 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Denton.

Housing Choice Vouchers in Denton, Texas

On average, Section 8 Housing Choice vouchers pay Denton landlords $900 per month towards rent. The average voucher holder contributes $300 towards rent in Denton.

The maximum amount a voucher would pay on behalf of a low-income tenant in Denton, Texas for a two-bedroom apartment is between $1,582 and $1,934.

Sourced from federal housing data and AffordableHousingOnline.com research.