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

Discover affordable housing in Anna where there are 4+ 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.

Palladium Anna

2020 Florence Way, Anna, Texas 75409

Parmore Anna

651 Finley Blvd, Anna, Texas 75409

Palladium East Foster Crossing

425 East Foster Crossing Dr., Anna, Texas

Waterview Apartments

1220 S. Powell Pkwy., Anna, Texas 75409

calendar_today Opened: Jan 21
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Anna, Texas
$33.30/hour
$26.05 (+359%) more than Texas minimum wage and $26.05 (+359%) more than the Federal minimum wage.
Learn More About Anna, Texas Affordable Housing ↓

What HUD offices serve Anna, 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, Section 8 Project-Based Voucher (PBV), Mainstream Voucher programs for Anna, Texas.

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

How many renters live in Anna, Texas?

The City of Anna has 18,585 people living in 6,161 households.

There are 3,418 renters living in 1,225 renter households in this City. Renters make up 18.39 percent of the population living in Anna.

What is the rental market like in Anna, Texas?

There are an estimated 6,546 housing units in the Anna area. Of these, 1,432 units are rental homes, making up 22 percent of the housing market. For every renter household in Anna, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Anna?

The rental vacancy rate in Anna is 14 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 Anna for each bedroom size?

Occupied Rental Units by Size in Anna
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 420 92 395 318
Occupied Rental Units by Size in Anna

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

Among renter households in this market, 45 percent have housing cost burden. Further, 14 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 Anna

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,426 to $2,847. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,426
One BR $1,500
Two BR $1,758
Three BR $2,212
Four BR $2,847
2024 Fair Market Rents in Anna, Texas

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

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 51 12 percent
Two BR 92 100 percent
Rental Units Below FMR in Anna, Texas

How many affordable rental units are in Anna?

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

Federal Program Unit Count
Low Income Housing Tax Credit 283
Tracked Units by Federal Program in Anna, Texas

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

Income Based Apartments in Anna, Texas

Anna 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 Anna, Texas

There are 844 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Anna.

Housing Choice Vouchers in Anna, Texas

On average, Section 8 Housing Choice vouchers pay Anna landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Anna.

The maximum amount a voucher would pay on behalf of a low-income tenant in Anna, Texas for a two-bedroom apartment is between $1,582 and $1,934.

Sourced from federal housing data and AffordableHousingOnline.com research.