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

Discover affordable housing in Amarillo where there are 28+ 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.

Jason Avenue Residential

527 Jason Ave, Amarillo, Texas 79107

Stone Canyon

6208 Ventura Dr, Amarillo, Texas 79110

Bel Aire Apartments, Ltd

609 S Western St, Amarillo, Texas 79106

Mitay Inc Scattered Site

1901 NW 17th Ave, Amarillo, Texas 79107

Driftwood Apartments

4710 SW 57th Ave, Amarillo, Texas 79109

J I Fletcher - Rent Houses

Scattered Site, Amarillo, Texas 0

Old Town Apartments

2003 SW 7th Ave, Amarillo, Texas 79106

Southwood Apartments

5700 Canyon Dr, Amarillo, Texas 79109

calendar_today Opened: Apr 1
Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Amarillo, Texas
$20.49/hour
$13.24 (+183%) more than Texas minimum wage and $13.24 (+183%) more than the Federal minimum wage.
Learn More About Amarillo, Texas Affordable Housing ↓

What HUD offices serve 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.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Amarillo, Texas.
Operates the Section 8 Housing Choice Voucher (HCV), Veteran Affairs Supportive Housing (VASH) programs for Amarillo, Texas.

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

How many renters live in Amarillo, Texas?

The City of Amarillo has 203,477 people living in 78,793 households.

There are 67,154 renters living in 29,680 renter households in this City. Renters make up 33 percent of the population living in Amarillo.

What is the rental market like in Amarillo, Texas?

There are an estimated 87,793 housing units in the Amarillo area. Of these, 35,827 units are rental homes, making up 41 percent of the housing market. For every renter household in Amarillo, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Amarillo?

The rental vacancy rate in Amarillo is 11 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 Amarillo for each bedroom size?

Occupied Rental Units by Size in Amarillo
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,576 7,450 9,165 9,411 2,002
Occupied Rental Units by Size in Amarillo

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

Among renter households in this market, 49 percent have housing cost burden. Further, 21 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 Amarillo

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $754 to $1,728. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $754
One BR $879
Two BR $1,082
Three BR $1,482
Four BR $1,728
2024 Fair Market Rents in Amarillo, Texas

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

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 443 28 percent
One BR 4,659 63 percent
Two BR 4,932 54 percent
Rental Units Below FMR in Amarillo, Texas

How many affordable rental units are in Amarillo?

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

Federal Program Unit Count
Low Income Housing Tax Credit 2,729
Section 8 Project-Based Rental Assistance 487
Section 202 Supportive Housing for the Elderly 120
Section 811 Supportive Housing for Persons with Disabilities 3
Tracked Units by Federal Program in Amarillo, Texas

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

Income Based Apartments in Amarillo, Texas

Amarillo features 621 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 1,833 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 $974 and $1,190.

Sourced from federal housing data and AffordableHousingOnline.com research.