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

Discover affordable housing in Naples 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.

103 Pecan St

103 Pecan St, Naples, Texas 75568

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Naples, Texas
$17.14/hour
$9.89 (+136%) more than Texas minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Naples, Texas Affordable Housing ↓

What HUD offices serve Naples, 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 Naples, Texas.

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

How many renters live in Naples, Texas?

The City of Naples has 1,389 people living in 547 households.

There are 623 renters living in 226 renter households in this City. Renters make up 44.85 percent of the population living in Naples.

What is the rental market like in Naples, Texas?

There are an estimated 739 housing units in the Naples area. Of these, 259 units are rental homes, making up 35 percent of the housing market. For every renter household in Naples, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Naples?

The rental vacancy rate in Naples is 13 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 Naples for each bedroom size?

Occupied Rental Units by Size in Naples
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
26 38 54 80 28
Occupied Rental Units by Size in Naples

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

Among renter households in this market, 37 percent have housing cost burden. Further, 18 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 Naples

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $684 to $1,443. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $684
One BR $689
Two BR $905
Three BR $1,249
Four BR $1,443
2024 Fair Market Rents in Naples, Texas

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

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 17 65 percent
One BR 35 92 percent
Two BR 32 59 percent
Rental Units Below FMR in Naples, Texas

How many affordable rental units are in Naples?

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

Federal Program Unit Count
Public Housing 67
Tracked Units by Federal Program in Naples, Texas

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

Income Based Apartments in Naples, Texas

Naples features 67 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 Naples, Texas

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Naples.

Housing Choice Vouchers in Naples, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Naples, Texas for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.