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

Discover affordable housing in Bandera where there are 1+ 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.

Oaks of Bandera

451 Old San Antonio Hwy, Bandera, Texas 78003

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bandera, Texas
$27.61/hour
$20.36 (+281%) more than Texas minimum wage and $20.36 (+281%) more than the Federal minimum wage.
Learn More About Bandera, Texas Affordable Housing ↓

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

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

How many renters live in Bandera, Texas?

The City of Bandera has 565 people living in 230 households.

There are 230 renters living in 105 renter households in this City. Renters make up 40.71 percent of the population living in Bandera.

What is the rental market like in Bandera, Texas?

There are an estimated 349 housing units in the Bandera area. Of these, 128 units are rental homes, making up 37 percent of the housing market. For every renter household in Bandera, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Bandera?

The rental vacancy rate in Bandera is 12 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 Bandera for each bedroom size?

Occupied Rental Units by Size in Bandera
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 10 87 6 2
Occupied Rental Units by Size in Bandera

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

Among renter households in this market, 47 percent have housing cost burden. Further, 37 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 Bandera

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,067 to $2,206. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,067
One BR $1,197
Two BR $1,458
Three BR $1,846
Four BR $2,206
2024 Fair Market Rents in Bandera, Texas

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

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
One BR 4 40 percent
Two BR 83 95 percent
Rental Units Below FMR in Bandera, Texas

How many affordable rental units are in Bandera?

Income Based Apartments in Bandera, Texas

Bandera features 0 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 Bandera, Texas

There are 76 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bandera.

Housing Choice Vouchers in Bandera, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Bandera, Texas for a two-bedroom apartment is between $1,312 and $1,604.

Sourced from federal housing data and AffordableHousingOnline.com research.