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

Discover affordable housing in Mercedes where there are 7+ 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.

Armory Housing Project

101 Armory Rd, Mercedes, Texas 78570

Queens Village

108 E 8th St, Mercedes, Texas 78570

Casa Saldana ( Casa Korima ) Apartments

1225 N FM 491, Mercedes, Texas 78570

La Merced Homes

413 S. Virginia Ave., Mercedes, Texas 78570

La Herencia Apartments, Lp

100 LA Herencia, Mercedes, Texas 78570

Anacuitas Manor Apartments

1100 Anaquitas St, Mercedes, Texas 78570

Bluebonnet Linda Vista Sj Taylor

1 Retama Dr, Mercedes, Texas 78570

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Mercedes, Texas
$18.50/hour
$11.25 (+155%) more than Texas minimum wage and $11.25 (+155%) more than the Federal minimum wage.
Learn More About Mercedes, Texas Affordable Housing ↓

What HUD offices serve Mercedes, 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 programs for Mercedes, Texas.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Mercedes, Texas.

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

How many renters live in Mercedes, Texas?

The City of Mercedes has 16,361 people living in 5,018 households.

There are 4,777 renters living in 1,607 renter households in this City. Renters make up 29.2 percent of the population living in Mercedes.

What is the rental market like in Mercedes, Texas?

There are an estimated 6,135 housing units in the Mercedes area. Of these, 1,864 units are rental homes, making up 30 percent of the housing market. For every renter household in Mercedes, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Mercedes?

The rental vacancy rate in Mercedes is 14 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 Mercedes for each bedroom size?

Occupied Rental Units by Size in Mercedes
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
71 331 652 386 158
Occupied Rental Units by Size in Mercedes

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

Among renter households in this market, 48 percent have housing cost burden. Further, 24 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 Mercedes

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $777 to $1,409. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $777
One BR $781
Two BR $977
Three BR $1,277
Four BR $1,409
2024 Fair Market Rents in Mercedes, Texas

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

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 71 100 percent
One BR 323 98 percent
Two BR 430 66 percent
Rental Units Below FMR in Mercedes, Texas

How many affordable rental units are in Mercedes?

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

Federal Program Unit Count
Low Income Housing Tax Credit 388
Public Housing 116
Section 8 Project-Based Rental Assistance 157
Section 202 Supportive Housing for the Elderly 37
Tracked Units by Federal Program in Mercedes, Texas

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

Income Based Apartments in Mercedes, Texas

Mercedes features 382 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 Mercedes, Texas

There are 428 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mercedes.

Housing Choice Vouchers in Mercedes, Texas

On average, Section 8 Housing Choice vouchers pay Mercedes landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Mercedes.

The maximum amount a voucher would pay on behalf of a low-income tenant in Mercedes, Texas for a two-bedroom apartment is between $879 and $1,075.

Sourced from federal housing data and AffordableHousingOnline.com research.