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

Discover affordable housing in Alto 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.

Alto Seniors Apartments

545 Mill St, Alto, Texas 75925

200 Robert Mitchell Dr

200 Robert Mitchell Dr, Alto, Texas 75925

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Alto, Texas
$18.28/hour
$11.03 (+152%) more than Texas minimum wage and $11.03 (+152%) more than the Federal minimum wage.
Learn More About Alto, Texas Affordable Housing ↓

What HUD offices serve Alto, 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 Section 8 Housing Choice Voucher (HCV), Public Housing programs for Alto, Texas.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Alto, Texas.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Alto, Texas.

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

How many renters live in Alto, Texas?

The City of Alto has 1,101 people living in 498 households.

There are 619 renters living in 301 renter households in this City. Renters make up 56.22 percent of the population living in Alto.

What is the rental market like in Alto, Texas?

There are an estimated 590 housing units in the Alto area. Of these, 335 units are rental homes, making up 57 percent of the housing market. For every renter household in Alto, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Alto?

The rental vacancy rate in Alto is 10 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 Alto for each bedroom size?

Occupied Rental Units by Size in Alto
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
16 107 94 72 12
Occupied Rental Units by Size in Alto

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

Among renter households in this market, 41 percent have housing cost burden. Further, 23 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 Alto

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $654 to $1,434. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $654
One BR $734
Two BR $965
Three BR $1,360
Four BR $1,434
2024 Fair Market Rents in Alto, Texas

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

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 16 100 percent
One BR 78 73 percent
Two BR 58 62 percent
Rental Units Below FMR in Alto, Texas

How many affordable rental units are in Alto?

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

Federal Program Unit Count
Public Housing 67
USDA Section 515 Rural Rental Housing 32
Tracked Units by Federal Program in Alto, Texas

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

Income Based Apartments in Alto, Texas

Alto features 99 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 Alto, Texas

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Alto.

Housing Choice Vouchers in Alto, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Alto, Texas for a two-bedroom apartment is between $869 and $1,062.

Sourced from federal housing data and AffordableHousingOnline.com research.