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

Wmaha Tax Credit Rehabilitation ( Az 16 - 70 ) 4

902 Maple St
Mcnary, Arizona
Rent Assisted

White Mountain Apache Housing Mcnary Housing

PO Box 550
Mcnary, Arizona
Rent Assisted
Showing Results 1-15
  • «
  • 1
  • »

There are 40 low-income apartments in Mcnary that offer reduced rents to eligible households.

Rental assistance programs support 0 low-income homes in Mcnary where households pay rent based on how much they earn.

Affordable rent data for some communities last confirmed on January 3rd, 2023. Subdsidized rents typically change once a year based on federal guidance.

Mcnary, Arizona Affordable Housing Data

Income Based Apartments in Mcnary, Arizona

Mcnary features 0 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 Mcnary, Arizona

There are 40 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mcnary.

Housing Choice Vouchers in Mcnary, Arizona

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Mcnary, Arizona for a two-bedroom apartment is between $833 and $1,018.

2023 Mcnary, 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
Mcnary, Arizona Fair Market Rent $618 $703 $925 $1,233 $1,284
Mcnary, Arizona Payment Standard Range $556 to $680 $633 to $773 $833 to $1,018 $1,110 to $1,356 $1,156 to $1,412

Sourced from federal housing data and AffordableHousingOnline.com research.

Mcnary, AZ Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 40
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 46.03%
Average Renter Household Size 6.26
Average Household Size 5.03
Median Household Income $35,000 ±$12,836
Median Rent $517 ±$91
Percentage Of Renters Overburdened 27.59% ± 16.97pp
Total Population 634

Population and Household Demographics

Mcnary is a city in Apache County, Arizona with a population of 634. There are 126 households in the city with an average household size of 5.03 persons. 46.03% of households in Mcnary are renters.

Income and Rent Overburden in Mcnary

The median gross income for households in Mcnary is $35,000 a year, or $2,917 a month. The median rent for the city is $517 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Mcnary, a household making less than $1,723 a month would be considered overburdened when renting an apartment at or above the median rent. 27.59% of households who rent are overburdened in Mcnary.

Area Median Income In Mcnary

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 Mcnary, the AMI is calculated from all households within Apache County.

In Mcnary, HUD calculates the Area Median Income for a family of four as $55,800

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 Mcnary

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 Mcnary

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 Mcnary 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 Mcnary 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 Mcnary 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