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Affordable Housing In Eloy
Pinal County, Arizona

8 Low Income Apartment Communities In Eloy

Santa Cruz Village

118 E 5th St
Eloy, Arizona
Subsidized
62+
Accessible
Elderly Supportive Housing

Family Estates of Eloy

701 N A St
Eloy, Arizona
Subsidized

Cotton City - Scattered Site

204 E 7th St
Eloy, Arizona

Eloy Village Apartments

413 E 1st St
Eloy, Arizona

Villas De Sonora Apartments

Lincoln Dr
Eloy, Arizona

Maddox Estates Townhomes

517 W Alsdorf Rd
Eloy, Arizona

Villas De Sonora Apartments

507 W Alsdorf Rd
Eloy, Arizona

Desert Vista Apartments

805 N Sunshine Blvd
Eloy, Arizona
Subsidized
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Housing Authorities that serve Eloy

Housing Authority Programs
Eloy Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Eloy, Arizona

There are 8 low income housing apartment communities offering 360 affordable apartments for rent in Eloy, Arizona.

Income Based Apartments in Eloy, Arizona

Eloy features 196 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 Eloy, Arizona

There are 164 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Eloy.

Housing Choice Vouchers in Eloy, Arizona

On average, Section 8 Housing Choice vouchers pay Eloy landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Eloy.

The maximum amount a voucher would pay on behalf of a low-income tenant in Eloy, Arizona for a two-bedroom apartment is between $1,126 and $1,376.

2021 Eloy, Arizona Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Eloy, Arizona Fair Market Rent $933 $1,032 $1,251 $1,765 $2,010
Eloy, Arizona Payment Standard Range $840 to $1,026 $929 to $1,135 $1,126 to $1,376 $1,589 to $1,942 $1,809 to $2,211

Sourced from federal housing data and AffordableHousingOnline.com research.

Eloy, AZ Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 360
Total Housing Units with Rental Assistance 196
Percentage of Housing Units Occupied By Renters 36.16%
Average Renter Household Size 3.04
Average Household Size 2.96
Median Household Income $31,033 ±$1,973
Median Rent $583 ±$80
Percentage Of Renters Overburdened 43.6% ± 10.57pp
Total Population 16,954

Population and Household Demographics

Eloy is a city in Pinal County, Arizona with a population of 16,954. There are 3,241 households in the city with an average household size of 2.96 persons. 36.16% of households in Eloy are renters.

Income and Rent Overburden in Eloy

The median gross income for households in Eloy is $31,033 a year, or $2,586 a month. The median rent for the city is $583 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Eloy, a household making less than $1,943 a month would be considered overburdened when renting an apartment at or above the median rent. 43.6% of households who rent are overburdened in Eloy.

Area Median Income In Eloy

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Eloy, the AMI is calculated from all households within Pinal County.

In Eloy, HUD calculates the Area Median Income for a family of four as $77,800

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Eloy

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Eloy

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Eloy AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,350 $18,700 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% AMI Income Limits
Renters earning up to 50% of the Eloy AMI may qualify for rental assistance programs that target Very Low Income households.
$27,250 $31,150 $35,050 $38,900 $42,050 $45,150 $48,250 $51,350
80% AMI Income Limits
Renters earning up to 80% of the Eloy AMI may qualify for rental assistance programs that target Low Income households.
$43,600 $49,800 $56,050 $62,250 $67,250 $72,250 $77,200 $82,200