. Low Income Apartments For Rent in Holbrook, Arizona - Affordable Housing Online

Coronado II Apartments

204 Mission Ln.
Holbrook, Arizona
Rent Assisted
S. 515 Rural
Call For Rent
1-3 BR

Holbrook Court Apartments

109 Court Ln
Holbrook, Arizona
Rent Assisted
S. 515 Rural

Home Community Counseling Center 410 - 05 - 02

455 N 2nd Ave
Holbrook, Arizona
Rent Assisted

Community Counseling Centers 045 - 02

459 N 2nd Ave
Holbrook, Arizona
Rent Assisted
Showing Results 1-15
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There are 11 low-income apartments in Holbrook that offer reduced rents to eligible households.

Rental assistance programs support 72 low-income homes in Holbrook where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Holbrook, Arizona Affordable Housing Data

Income Based Apartments in Holbrook, Arizona

Holbrook 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 Holbrook, Arizona

There are 11 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Holbrook.

Housing Choice Vouchers in Holbrook, Arizona

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Holbrook, Arizona for a two-bedroom apartment is between $933 and $1,141.

2023 Holbrook, 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
Holbrook, Arizona Fair Market Rent $722 $788 $1,037 $1,336 $1,393
Holbrook, Arizona Payment Standard Range $650 to $794 $709 to $867 $933 to $1,141 $1,202 to $1,470 $1,254 to $1,532

Sourced from federal housing data and AffordableHousingOnline.com research.

Holbrook, AZ Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 83
Total Housing Units with Rental Assistance 72
Percentage of Housing Units Occupied By Renters 31.43%
Average Renter Household Size 3.34
Average Household Size 2.80
Median Household Income $50,240 ±$9,565
Median Rent $667 ±$37
Percentage Of Renters Overburdened 38.95% ± 15.32pp
Total Population 4,993

Population and Household Demographics

Holbrook is a city in Navajo County, Arizona with a population of 4,993. There are 1,642 households in the city with an average household size of 2.80 persons. 31.43% of households in Holbrook are renters.

Income and Rent Overburden in Holbrook

The median gross income for households in Holbrook is $50,240 a year, or $4,187 a month. The median rent for the city is $667 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Holbrook, a household making less than $2,223 a month would be considered overburdened when renting an apartment at or above the median rent. 38.95% of households who rent are overburdened in Holbrook.

Area Median Income In Holbrook

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 Holbrook, the AMI is calculated from all households within Navajo County.

In Holbrook, HUD calculates the Area Median Income for a family of four as $64,100

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 Holbrook

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 Holbrook

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 Holbrook AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $29,300 $31,650 $34,000 $36,350 $38,700
50% AMI Income Limits
Renters earning up to 50% of the Holbrook AMI may qualify for rental assistance programs that target Very Low Income households.
$20,550 $23,450 $26,400 $29,300 $31,650 $34,000 $36,350 $38,700
80% AMI Income Limits
Renters earning up to 80% of the Holbrook AMI may qualify for rental assistance programs that target Low Income households.
$32,850 $37,550 $42,250 $46,900 $50,700 $54,450 $58,200 $61,950