Low Income Apartments and Affordable Housing For Rent in Alba, TX

Discover affordable housing in Alba where there are 2+ 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.

145 N Osborn St

145 N Osborn St, Alba, Texas 75410

Alba Housing

699 E Mockingbird St, Alba, Texas 75410

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Alba, Texas
$20.68/hour
$13.43 (+185%) more than Texas minimum wage and $13.43 (+185%) more than the Federal minimum wage.
Learn More About Alba, Texas Affordable Housing ↓

What HUD offices serve Alba, Texas?

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 Public Housing programs for Alba, Texas.
Operates the Section 8 Housing Choice Voucher (HCV), Homeownership Voucher, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH) programs for Alba, Texas.

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

How many renters live in Alba, Texas?

The City of Alba has 538 people living in 229 households.

There are 66 renters living in 36 renter households in this City. Renters make up 12.27 percent of the population living in Alba.

What is the rental market like in Alba, Texas?

There are an estimated 265 housing units in the Alba area. Of these, 55 units are rental homes, making up 21 percent of the housing market. For every renter household in Alba, Texas, there are 2 rental units.

What is the vacancy rate for rentals in Alba?

The rental vacancy rate in Alba is 35 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 Alba for each bedroom size?

Occupied Rental Units by Size in Alba
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 22 12 2 0
Occupied Rental Units by Size in Alba

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

Among renter households in this market, 19 percent have housing cost burden. Further, 0 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 Alba

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $740 to $1,623. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $740
One BR $831
Two BR $1,092
Three BR $1,320
Four BR $1,623
2024 Fair Market Rents in Alba, Texas

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

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
One BR 19 86 percent
Two BR 10 83 percent
Rental Units Below FMR in Alba, Texas

How many affordable rental units are in Alba?

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

Federal Program Unit Count
Public Housing 14
USDA Section 515 Rural Rental Housing 10
Tracked Units by Federal Program in Alba, Texas

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

Income Based Apartments in Alba, Texas

Alba features 14 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 Alba, Texas

There are 10 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Alba.

Housing Choice Vouchers in Alba, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Alba, Texas for a two-bedroom apartment is between $983 and $1,201.

Sourced from federal housing data and AffordableHousingOnline.com research.