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

Discover affordable housing in Henderson where there are 6+ 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.

Chalice Apartments, The

301 N Marshall St, Henderson, Texas 75652

Henderson Village

1480 US Highway 259 South , Henderson, Texas 75654

Abbington Park

321 S Standish St., Henderson, Texas 75654

Millpoint Townhomes

751 Kilgore Dr, Henderson, Texas 75652

Flanagan Heights

500 Broadway St, Henderson, Texas 75652

Laneville Place Apartments

2900 FM 225 S, Henderson, Texas 75654

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Henderson, Texas
$19.15/hour
$11.90 (+164%) more than Texas minimum wage and $11.90 (+164%) more than the Federal minimum wage.
Learn More About Henderson, Texas Affordable Housing ↓

What HUD offices serve Henderson, 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 Henderson, Texas.
Operates the Public Housing programs for Henderson, Texas.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Henderson, Texas.
Operates the Section 8 Housing Choice Voucher (HCV), Homeownership Voucher, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH) programs for Henderson, Texas.

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

How many renters live in Henderson, Texas?

The City of Henderson has 13,338 people living in 4,021 households.

There are 3,492 renters living in 1,427 renter households in this City. Renters make up 26.18 percent of the population living in Henderson.

What is the rental market like in Henderson, Texas?

There are an estimated 4,809 housing units in the Henderson area. Of these, 1,823 units are rental homes, making up 38 percent of the housing market. For every renter household in Henderson, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Henderson?

The rental vacancy rate in Henderson is 18 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 Henderson for each bedroom size?

Occupied Rental Units by Size in Henderson
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
80 198 472 593 70
Occupied Rental Units by Size in Henderson

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

Among renter households in this market, 41 percent have housing cost burden. Further, 13 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 Henderson

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $764 to $1,421. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $764
One BR $769
Two BR $1,011
Three BR $1,286
Four BR $1,421
2024 Fair Market Rents in Henderson, Texas

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

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 72 90 percent
One BR 150 76 percent
Two BR 295 63 percent
Rental Units Below FMR in Henderson, Texas

How many affordable rental units are in Henderson?

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

Federal Program Unit Count
Low Income Housing Tax Credit 202
Public Housing 70
Section 8 Project-Based Rental Assistance 31
Tracked Units by Federal Program in Henderson, Texas

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

Income Based Apartments in Henderson, Texas

Henderson features 106 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 Henderson, Texas

There are 252 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Henderson.

Housing Choice Vouchers in Henderson, Texas

On average, Section 8 Housing Choice vouchers pay Henderson landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Henderson.

The maximum amount a voucher would pay on behalf of a low-income tenant in Henderson, Texas for a two-bedroom apartment is between $910 and $1,112.

Sourced from federal housing data and AffordableHousingOnline.com research.