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

Discover affordable housing in Austin where there are 196+ 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.

Pecan Hills

13000 Hymeadow Dr, Austin, Texas 78729

The Flagship

1312 Lamar Square Dr, Austin, Texas 78704

Manor House

5905 Manor Rd, Austin, Texas 78723

Mosaic Housing Corporation XI

3015 Jubilee Trl, Austin, Texas 78748

Mosaic Housing Corporation IX

13122 Humphrey Dr, Austin, Texas 78729

Village Christian Apartments

7925 Rockwood Ln, Austin, Texas 78757

St Georges Senior Housing, Inc

1443 Coronado Hills Dr, Austin, Texas 78752

Runnymede Apartments

1101 Rutland Drive, Austin, Texas 78758

Rosemont at Hidden Creek

9345 Highway 290 East, Austin, Texas 78724

Heights on Congress Apts.

2707 S Congress Avenue, Austin, Texas 78704

Primrose of Shadow Creek

1026 Clayton Lane, Austin, Texas 78723

The Reserve at Springdale

5605 Springdale Road, Austin, Texas 78723

The Terrace at Walnut Creek

8712 Old Manor Road, Austin, Texas 78724

The Beckett

14011 FM 969, Austin, Texas 78724

Bridge at Harris Ridge

1501 E Howard Ln, Austin, Texas 78753

The Studio at ThinkEast Apartment Homes

1143 Shady Lane, Austin, Texas 78721

McKinney Falls Apartments

6609 McKinney Falls Pkwy, Austin, Texas 78744

Bellingham Park Apartments Homes

6816 Boyce Ln., Austin, Texas 78653

Jefferson Estates

504 West 24th Street, Austin, Texas 78705

Alexander Oaks Apartments

6119 Valiant Circle, Austin, Texas 78749

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Austin, Texas
$36.44/hour
$29.19 (+403%) more than Texas minimum wage and $29.19 (+403%) more than the Federal minimum wage.
Learn More About Austin, Texas Affordable Housing ↓

What HUD offices serve Austin, 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, Family Self-Sufficiency, Section 8 Project-Based Rental Assistance (PBRA), Rental Assistance Demonstration (RAD) programs for Austin, Texas.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Moving to Work programs for Austin, Texas.

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

How many renters live in Austin, Texas?

The City of Austin has 975,335 people living in 458,505 households.

There are 472,550 renters living in 255,809 renter households in this City. Renters make up 48.45 percent of the population living in Austin.

What is the rental market like in Austin, Texas?

There are an estimated 482,411 housing units in the Austin area. Of these, 267,341 units are rental homes, making up 55 percent of the housing market. For every renter household in Austin, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Austin?

The rental vacancy rate in Austin is 3 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 Austin for each bedroom size?

Occupied Rental Units by Size in Austin
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
26,935 97,758 86,777 32,153 11,336
Occupied Rental Units by Size in Austin

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

Among renter households in this market, 45 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 Austin

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,519 to $2,840. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,519
One BR $1,635
Two BR $1,924
Three BR $2,470
Four BR $2,840
2024 Fair Market Rents in Austin, Texas

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

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 19,861 74 percent
One BR 59,898 61 percent
Two BR 25,870 30 percent
Rental Units Below FMR in Austin, Texas

How many affordable rental units are in Austin?

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

Federal Program Unit Count
Low Income Housing Tax Credit 22,279
Section 8 Project-Based Rental Assistance 3,909
Section 202 Supportive Housing for the Elderly 151
Section 811 Supportive Housing for Persons with Disabilities 176
Tracked Units by Federal Program in Austin, Texas

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

Income Based Apartments in Austin, Texas

Austin features 5,181 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 Austin, Texas

There are 20,497 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Austin.

Housing Choice Vouchers in Austin, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Austin, Texas for a two-bedroom apartment is between $1,732 and $2,116.

Sourced from federal housing data and AffordableHousingOnline.com research.