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

Discover affordable housing in Hondo where there are 3+ 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.

Hondo Garden Apartments

3100 Avenue Q, Hondo, Texas 78861

Brian Place Apartments

231 Stage Coach Dr, Hondo, Texas 78861

Tuscany Court Apartments

2208 14th St, Hondo, Texas 78861

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Hondo, Texas
$21.55/hour
$14.30 (+197%) more than Texas minimum wage and $14.30 (+197%) more than the Federal minimum wage.
Learn More About Hondo, Texas Affordable Housing ↓

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

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

How many renters live in Hondo, Texas?

The City of Hondo has 8,424 people living in 2,541 households.

There are 2,771 renters living in 916 renter households in this City. Renters make up 32.89 percent of the population living in Hondo.

What is the rental market like in Hondo, Texas?

There are an estimated 2,844 housing units in the Hondo area. Of these, 968 units are rental homes, making up 34 percent of the housing market. For every renter household in Hondo, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Hondo?

The rental vacancy rate in Hondo is 5 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 Hondo for each bedroom size?

Occupied Rental Units by Size in Hondo
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
16 97 368 435 0
Occupied Rental Units by Size in Hondo

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

Among renter households in this market, 45 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 Hondo

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $834 to $1,516. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $834
One BR $866
Two BR $1,138
Three BR $1,513
Four BR $1,516
2024 Fair Market Rents in Hondo, Texas

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

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 16 100 percent
One BR 67 69 percent
Two BR 176 48 percent
Rental Units Below FMR in Hondo, Texas

How many affordable rental units are in Hondo?

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

Federal Program Unit Count
Low Income Housing Tax Credit 214
Section 8 Project-Based Rental Assistance 40
Tracked Units by Federal Program in Hondo, Texas

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

Income Based Apartments in Hondo, Texas

Hondo features 72 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 Hondo, Texas

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

Housing Choice Vouchers in Hondo, Texas

On average, Section 8 Housing Choice vouchers pay Hondo landlords $700 per month towards rent. The average voucher holder contributes $500 towards rent in Hondo.

The maximum amount a voucher would pay on behalf of a low-income tenant in Hondo, Texas for a two-bedroom apartment is between $1,024 and $1,252.

Sourced from federal housing data and AffordableHousingOnline.com research.