Low Income Apartments and Affordable Housing For Rent in Lake Havasu City, AZ

Discover affordable housing in Lake Havasu City where there are 5+ 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.

Anacapa Apartments

1206 Anacapa Dr, Lake Havasu City, Arizona 86403

Briarwood Apartments

2080 Moyo Dr, Lake Havasu City, Arizona 86403

Lakeview Villas

3140 Kearsage Dr, Lake Havasu City, Arizona 86406

Becket House

865 Cashmere Dr, Lake Havasu City, Arizona 86404

Becket House Havasu Hills Apartments Homes

825 Cashmere Dr, Lake Havasu City, Arizona 86404

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lake Havasu City, Arizona
$22.94/hour
$8.59 (+60%) more than Arizona minimum wage and $15.69 (+216%) more than the Federal minimum wage.
Learn More About Lake Havasu City, Arizona Affordable Housing ↓

What HUD offices serve Lake Havasu City, Arizona?

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 Lake Havasu City, Arizona.

Go to the Arizona Public Housing and Low-Income Apartments Waiting Lists page for openings near Lake Havasu City.

How many renters live in Lake Havasu City, Arizona?

The City of Lake Havasu City has 57,294 people living in 26,711 households.

There are 14,554 renters living in 6,855 renter households in this City. Renters make up 25.4 percent of the population living in Lake Havasu City.

What is the rental market like in Lake Havasu City, Arizona?

There are an estimated 34,352 housing units in the Lake Havasu City area. Of these, 6,986 units are rental homes, making up 20 percent of the housing market. For every renter household in Lake Havasu City, Arizona, there are 1 rental units.

What is the vacancy rate for rentals in Lake Havasu City?

The rental vacancy rate in Lake Havasu City is 2 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 Lake Havasu City for each bedroom size?

Occupied Rental Units by Size in Lake Havasu City
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
137 941 2,910 2,632 211
Occupied Rental Units by Size in Lake Havasu City

A large number of apartments in Lake Havasu City 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 Lake Havasu City are overburdened by housing costs?

Among renter households in this market, 48 percent have housing cost burden. Further, 19 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 Lake Havasu City

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $858 to $1,847. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $858
One BR $935
Two BR $1,211
Three BR $1,671
Four BR $1,847
2024 Fair Market Rents in Lake Havasu City, Arizona

How many units are rented at Fair Market Rent (FMR) in Lake Havasu City?

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 82 60 percent
One BR 628 67 percent
Two BR 1,813 62 percent
Rental Units Below FMR in Lake Havasu City, Arizona

How many affordable rental units are in Lake Havasu City?

There are a variety of federal affordable housing programs serving households in Lake Havasu City, Arizona including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 312
Section 8 Project-Based Rental Assistance 50
Section 202 Supportive Housing for the Elderly 1
USDA Section 515 Rural Rental Housing 40
Tracked Units by Federal Program in Lake Havasu City, Arizona

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

Income Based Apartments in Lake Havasu City, Arizona

Lake Havasu City features 114 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 Lake Havasu City, Arizona

There are 184 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lake Havasu City.

Housing Choice Vouchers in Lake Havasu City, Arizona

On average, Section 8 Housing Choice vouchers pay Lake Havasu City landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Lake Havasu City.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lake Havasu City, Arizona for a two-bedroom apartment is between $1,090 and $1,332.

Sourced from federal housing data and AffordableHousingOnline.com research.