Low Income Apartments and Affordable Housing For Rent in Peoria, AZ

Discover affordable housing in Peoria where there are 11+ 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.

Steeplechase Apartments

8610 N 91st Ave, Peoria, Arizona 85345

Rancho Del Sol Apartments

11039 N 87th Ave, Peoria, Arizona 85345

Lake Pleasant Village

20702 N Lake Pleasant Rd, Peoria, Arizona 85382

Sycamore At Scottsdale

6599 East Thomas Road, Peoria, Arizona 85257

Quail Run Apartments

13868 N 79th Avenue , Peoria, Arizona 85381

Rosa Linda Senior Center

10245 N 87th Ave, Peoria, Arizona 85345

Ironwood Estates Apartments

8910 E Monroe, Peoria, Arizona 85345

Ironwood Estates

8930 W Monroe St, Peoria, Arizona 85345

Park View Estates

10950 N 87th Ave, Peoria, Arizona 85345

John Hammond Homes

8504 W Washington St, Peoria, Arizona 85345

Cm Peoria Csa Rehab

8954 W Monroe St, Peoria, Arizona 85345

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Peoria, Arizona
$35.55/hour
$21.20 (+148%) more than Arizona minimum wage and $28.30 (+390%) more than the Federal minimum wage.
Learn More About Peoria, Arizona Affordable Housing ↓

What HUD offices serve Peoria, 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), Public Housing, Family Self-Sufficiency, Section 8 Project-Based Voucher (PBV), Section 8 Project-Based Rental Assistance (PBRA) programs for Peoria, Arizona.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Peoria, Arizona.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Peoria, Arizona.

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

How many renters live in Peoria, Arizona?

The City of Peoria has 197,862 people living in 73,700 households.

There are 43,884 renters living in 18,214 renter households in this City. Renters make up 22.18 percent of the population living in Peoria.

What is the rental market like in Peoria, Arizona?

There are an estimated 77,176 housing units in the Peoria area. Of these, 19,687 units are rental homes, making up 26 percent of the housing market. For every renter household in Peoria, Arizona, there are 1 rental units.

What is the vacancy rate for rentals in Peoria?

The rental vacancy rate in Peoria is 9 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 Peoria for each bedroom size?

Occupied Rental Units by Size in Peoria
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
714 3,467 6,001 5,394 2,039
Occupied Rental Units by Size in Peoria

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

Among renter households in this market, 61 percent have housing cost burden. Further, 35 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 Peoria

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,460 to $2,890. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,460
One BR $1,599
Two BR $1,877
Three BR $2,541
Four BR $2,890
2024 Fair Market Rents in Peoria, Arizona

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

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 320 45 percent
One BR 2,307 67 percent
Two BR 2,913 49 percent
Rental Units Below FMR in Peoria, Arizona

How many affordable rental units are in Peoria?

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

Federal Program Unit Count
Low Income Housing Tax Credit 535
Section 8 Project-Based Rental Assistance 208
Section 811 Supportive Housing for Persons with Disabilities 6
Tracked Units by Federal Program in Peoria, Arizona

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

Income Based Apartments in Peoria, Arizona

Peoria 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 Peoria, Arizona

There are 635 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Peoria.

Housing Choice Vouchers in Peoria, Arizona

On average, Section 8 Housing Choice vouchers pay Peoria landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Peoria.

The maximum amount a voucher would pay on behalf of a low-income tenant in Peoria, Arizona for a two-bedroom apartment is between $1,689 and $2,065.

Sourced from federal housing data and AffordableHousingOnline.com research.