Cheap Apartments In Phoenix
Maricopa County,Arizona

Village Square

14014 N. 32nd Street
Phoenix, AZ
1-2 BR
HCV Welcome

Casa de Paz IV Sunland

435 E Sunland Ave
Phoenix, AZ
1 BR

Hong Lok

3930 N. 24th Ave
Phoenix, AZ
1 BR

Hong Ning House Apartments

3920 N 24th Ave
Phoenix, AZ
Studio-1 BR

St Marys Manor

6515 N 39th Ave
Phoenix, AZ
Studio-1 BR

There are 156 low income housing apartment complexes which contain 14,031 affordable apartments for rent in Phoenix, Arizona. Many of these rental apartments are income based housing with about 7,491 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 2,679 Project-Based Section 8 subsidized apartments in Phoenix. There are 8,041 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Housing Authorities that serve Phoenix

The City of Phoenix Housing Department is a Section 8 and Public Housing public housing agency in Phoenix, Arizona.

The Arizona Behavioral Health Corporation is a Section 8 public housing agency in Phoenix, Arizona.

Other Housing Authorities located in Phoenix

The Arizona Department of Housing is a Section 8 and Public Housing public housing agency in Phoenix, Arizona.

Understanding Affordable Housing in Phoenix, Arizona

Phoenix, AZ Affordable Housing Snapshot

Total Affordable Apartment Properties156
Total Low Income Apartments14,031
Total Rent Assisted Apartments7,491
Percentage of Housing Units Occupied By Renters47.02%
Average Renter Household Size2.84
Total Population1,514,208
Housing Units525,610
Average Household Size2.85
Median Household Income$47,326 ±$500
Median Rent$884 ±$6
Percentage Of Renters Overburdened47.48% ± 0.83pp

Population and Household Demographics

Phoenix is a City in Maricopa County, Arizona with a population of 1,514,208. There are 525,610 households in the city with an average household size of 2.85 persons. 47.02% of households in Phoenix are renters.

Income and Rent Overburden in Phoenix

The median gross income for households in Phoenix is $47,326 a year, or $3,944 a month. The median rent for the city is $884 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Phoenix, a household making less than $2,947 a month would be considered overburdened when renting an apartment at or above the median rent.47.48% of households who rent are overburdened in Phoenix.1

Data derived from 2010 Census and 2015 5-Year American Community Survey. Learn More.
1 Margin of Error: ± 0.83 percentage points.

Area Median Income In Phoenix

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 Phoenix, the AMI is calculated from all households within Maricopa County.

In Phoenix, HUD calculates the Area Median Income for a family of four as $69,100

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 Phoenix

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 Phoenix HUD Rental Assistance in Phoenix

AMI Band1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person

You can identify apartment communities that participate in a program that provides rental assistance by looking for the tags in the apartment list above. View Apartments.

Low Income Housing Tax Credits in Phoenix

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1988 to 2012, 58 low income apartment communities containing 6,537 rental apartments have been constructed and made affordable to low income persons in Phoenix by the Low Income Housing Tax Credit Program.

You can identify apartment communities that participate in the program in Phoenix by looking for the tag in the apartment list above. View Apartments.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Phoenix

AMI Band1 Person2 Person3 Person4 Person5 Person6 Person7 Person8 Person

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Phoenix is $37,320 a year, or $3,110 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,110 by 30% to get a maximum rent of $933 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMIStudio1 Bed2 Bed3 Bed4 Bed5 Bed
Fair Market Rents in Phoenix

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2018 Fair Market Rents
StudioOne BRTwo BRThree BRFour BR