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

Discover affordable housing in Azle 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.

Azle Village

201 Las Bresas St, Azle, Texas 76020

Eagle Lake Gardens Apartments

1300 Village Garden Dr, Azle, Texas 76020

Azle Oaks I and II

700 Jarvis Ln, Azle, Texas 76020

Gateway Village Apartments

313 Gateway St, Azle, Texas 76020

calendar_today Opened: Mar 22
Open Until Further Notice

Reported On February 23rd, 2024 by Vanea Gardner

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Azle, Texas
$30.63/hour
$23.38 (+322%) more than Texas minimum wage and $23.38 (+322%) more than the Federal minimum wage.
Learn More About Azle, Texas Affordable Housing ↓

What HUD offices serve Azle, 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 Azle, Texas.

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

How many renters live in Azle, Texas?

The City of Azle has 13,409 people living in 4,989 households.

There are 3,085 renters living in 1,272 renter households in this City. Renters make up 23.01 percent of the population living in Azle.

What is the rental market like in Azle, Texas?

There are an estimated 5,454 housing units in the Azle area. Of these, 1,357 units are rental homes, making up 25 percent of the housing market. For every renter household in Azle, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Azle?

The rental vacancy rate in Azle is 6 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 Azle for each bedroom size?

Occupied Rental Units by Size in Azle
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
67 224 343 579 59
Occupied Rental Units by Size in Azle

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

Among renter households in this market, 41 percent have housing cost burden. Further, 18 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 Azle

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,266 to $2,615. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,266
One BR $1,384
Two BR $1,617
Three BR $2,144
Four BR $2,615
2024 Fair Market Rents in Azle, Texas

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

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 52 78 percent
One BR 206 92 percent
Two BR 278 81 percent
Rental Units Below FMR in Azle, Texas

How many affordable rental units are in Azle?

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

Federal Program Unit Count
Low Income Housing Tax Credit 140
USDA Section 515 Rural Rental Housing 257
Tracked Units by Federal Program in Azle, Texas

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

Income Based Apartments in Azle, Texas

Azle features 189 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 Azle, Texas

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

Housing Choice Vouchers in Azle, Texas

On average, Section 8 Housing Choice vouchers pay Azle landlords $800 per month towards rent. The average voucher holder contributes $300 towards rent in Azle.

The maximum amount a voucher would pay on behalf of a low-income tenant in Azle, Texas for a two-bedroom apartment is between $1,455 and $1,779.

Sourced from federal housing data and AffordableHousingOnline.com research.