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

Discover affordable housing in Ames where there are 1+ 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.

635 Martin Luther King Rd Unit E

635 Martin Luther King Rd Unit E, Ames, Texas 77575

bed 1
payment $1000/mo.

How To Identify Affordable Housing in Ames, Texas

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
calendar_today Opened: Apr 20
Open Until Further Notice
calendar_month

Reported On April 2nd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ames, Texas
$25.70/hour
$18.45 (+254%) more than Texas minimum wage and $18.45 (+254%) more than the Federal minimum wage.
Learn More About Ames, Texas Affordable Housing ↓

What HUD offices serve Ames, 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 Ames, Texas.

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

How many renters live in Ames, Texas?

The City of Ames has people living in households.

There are renters living in renter households in this City. Renters make up 28.17 percent of the population living in Ames.

What is the rental market like in Ames, Texas?

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

What is the vacancy rate for rentals in Ames?

The rental vacancy rate in Ames is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Ames for each bedroom size?

Occupied Rental Units by Size in Ames
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 5 75 33 1
Occupied Rental Units by Size in Ames

A large number of apartments in Ames have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Ames

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,073 to $2,303. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,073
One BR $1,135
Two BR $1,357
Three BR $1,792
Four BR $2,303
2024 Fair Market Rents in Ames, Texas

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

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 5 100 percent
Two BR 71 95 percent
Rental Units Below FMR in Ames, Texas

How many affordable rental units are in Ames?

Income Based Apartments in Ames, Texas

Ames features 0 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 Ames, Texas

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

Housing Choice Vouchers in Ames, Texas

On average, Section 8 Housing Choice vouchers pay Ames landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Ames.

The maximum amount a voucher would pay on behalf of a low-income tenant in Ames, Texas for a two-bedroom apartment is between $1,221 and $1,493.

Sourced from federal housing data and AffordableHousingOnline.com research.

Email Signup
Don't Miss A Waiting List Opening