. Low Income Apartments For Rent in Amarillo, Texas - Affordable Housing Online

Town Parc at Amarillo

6501 Woodward Ave
Amarillo, Texas
Rent Assisted
LIHTC
$799-1,096
1-3 BR

Independence Village

4700 S Virginia
Amarillo, Texas
Subsidized
Supportive
S. 811 Supportive
Income Based
1-2 BR

Vineyard Manor Apartments

1201 S Polk St
Amarillo, Texas
Rent Assisted
HOME
Call For Rent
1-2 BR

Independence Village

4700 S Virginia St
Amarillo, Texas
Subsidized
Senior
S. 202
Call For Rent
Studio-2 BR

Northwest Village

6101 W Interstate 40
Amarillo, Texas
Subsidized
PBRA

Community Options Amarillo

4205 Vance Ave
Amarillo, Texas
Subsidized
Supportive
S. 811 Supportive

Win Lin Village Apartments

5700 Wabash St
Amarillo, Texas
Subsidized
PBRA

Winwood of Amarillo

4421 Ridgecrest Cir
Amarillo, Texas
Subsidized
PBRA

Amarillo Gardens Apartments

1223 S Roberts St
Amarillo, Texas
Subsidized
Rent Assisted
PBRA
LIHTC

Spring Terrace Apartments

2600 S Spring St
Amarillo, Texas
Subsidized
PBRA

The Granite at Thirty-Fourth

3308 Eddy St
Amarillo, Texas
Rent Assisted
LIHTC
$595-795
1-2 BR

The Eddison Apartments

4101 SW 45th
Amarillo, Texas
Rent Assisted
LIHTC
$785-1,095
1-3 BR

The Marabella Apartments

5781 W. Amarillo Blvd
Amarillo, Texas
Rent Assisted
LIHTC
Call For Rent
1-2 BR

Cathys Pointe

2701 N Grand St
Amarillo, Texas
Rent Assisted
LIHTC

Canyons Retirement Community

2200 SW 7th Ave
Amarillo, Texas
Rent Assisted
LIHTC
Showing Results 1-15

There are 2,187 low-income apartments in Amarillo that offer reduced rents to eligible households. Low-income rents in Amarillo, Texas can range from $679 to $927 depending on the number of bedrooms.

Rental assistance programs support 669 low-income homes in Amarillo where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $301 towards rent each month.

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

Public Housing Agencies Serving Amarillo, 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.

Housing Authority Programs
City of Amarillo Community Development Department Section 8 Housing Choice Voucher (HCV)
Panhandle Community Services Section 8 Housing Choice Voucher (HCV); Veteran Affairs Supportive Housing (VASH)
Go to the Texas Public Housing and Low-Income Apartments Waiting Lists page for openings near Amarillo.

Amarillo, Texas Affordable Housing Data

Income Based Apartments in Amarillo, Texas

Amarillo features 669 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 Amarillo, Texas

There are 2,187 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Amarillo.

Housing Choice Vouchers in Amarillo, Texas

On average, Section 8 Housing Choice vouchers pay Amarillo landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Amarillo.

The maximum amount a voucher would pay on behalf of a low-income tenant in Amarillo, Texas for a two-bedroom apartment is between $875 and $1,069.

2023 Amarillo, Texas 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
Amarillo, Texas Fair Market Rent $670 $778 $972 $1,322 $1,542
Amarillo, Texas Payment Standard Range $603 to $737 $700 to $856 $875 to $1,069 $1,190 to $1,454 $1,388 to $1,696

Sourced from federal housing data and AffordableHousingOnline.com research.

Amarillo, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 28
Total Low Income Apartments 2,856
Total Housing Units with Rental Assistance 669
Percentage of Housing Units Occupied By Renters 38.92%
Average Renter Household Size 2.44
Average Household Size 2.60
Median Household Income $47,735 ±$1,379
Median Rent $766 ±$16
Percentage Of Renters Overburdened 44.93% ± 2.23pp
Total Population 196,571

Population and Household Demographics

Amarillo is a city in Potter County, Texas with a population of 196,571. There are 74,769 households in the city with an average household size of 2.60 persons. 38.92% of households in Amarillo are renters.

Income and Rent Overburden in Amarillo

The median gross income for households in Amarillo is $47,735 a year, or $3,978 a month. The median rent for the city is $766 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Amarillo, a household making less than $2,553 a month would be considered overburdened when renting an apartment at or above the median rent. 44.93% of households who rent are overburdened in Amarillo.

Area Median Income In Amarillo

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 Amarillo, the AMI is calculated from all households within Potter County.

In Amarillo, HUD calculates the Area Median Income for a family of four as $87,300

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 Amarillo

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 Amarillo

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 Amarillo AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,150 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Amarillo AMI may qualify for rental assistance programs that target Very Low Income households.
$28,600 $32,700 $36,800 $40,850 $44,150 $47,400 $50,700 $53,950
80% AMI Income Limits
Renters earning up to 80% of the Amarillo AMI may qualify for rental assistance programs that target Low Income households.
$45,750 $52,300 $58,850 $65,350 $70,600 $75,850 $81,050 $86,300