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

Discover affordable housing in Hidalgo where there are 5+ 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.

Avanti Valley View

1000 N Jackson Rd, Hidalgo, Texas 78557

Casa Linda Apartments

301 S 5th St, Hidalgo, Texas 78557

Old Fort Hwy Apartments

1101 E Pirate Dr, Hidalgo, Texas 78557

Hidalgo Housing

401 S 5th St, Hidalgo, Texas 78557

Acacia Apartments

424 E Acacia Ave, Hidalgo, Texas 78557

Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley, Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Hidalgo, Texas
$18.50/hour
$11.25 (+155%) more than Texas minimum wage and $11.25 (+155%) more than the Federal minimum wage.
Learn More About Hidalgo, Texas Affordable Housing ↓

What HUD offices serve Hidalgo, 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 Hidalgo, Texas.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Hidalgo, Texas.

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

How many renters live in Hidalgo, Texas?

The City of Hidalgo has 14,075 people living in 3,705 households.

There are 3,054 renters living in 905 renter households in this City. Renters make up 21.7 percent of the population living in Hidalgo.

What is the rental market like in Hidalgo, Texas?

There are an estimated 4,020 housing units in the Hidalgo area. Of these, 939 units are rental homes, making up 23 percent of the housing market. For every renter household in Hidalgo, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Hidalgo?

The rental vacancy rate in Hidalgo is 4 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 Hidalgo for each bedroom size?

Occupied Rental Units by Size in Hidalgo
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
9 137 388 227 144
Occupied Rental Units by Size in Hidalgo

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

Among renter households in this market, 57 percent have housing cost burden. Further, 44 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 Hidalgo

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $777 to $1,409. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $777
One BR $781
Two BR $977
Three BR $1,277
Four BR $1,409
2024 Fair Market Rents in Hidalgo, Texas

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

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 9 100 percent
One BR 137 100 percent
Two BR 300 77 percent
Rental Units Below FMR in Hidalgo, Texas

How many affordable rental units are in Hidalgo?

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

Federal Program Unit Count
Low Income Housing Tax Credit 122
USDA Section 515 Rural Rental Housing 72
Tracked Units by Federal Program in Hidalgo, Texas

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

Income Based Apartments in Hidalgo, Texas

Hidalgo features 72 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 Hidalgo, Texas

There are 95 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hidalgo.

Housing Choice Vouchers in Hidalgo, Texas

On average, Section 8 Housing Choice vouchers pay Hidalgo landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Hidalgo.

The maximum amount a voucher would pay on behalf of a low-income tenant in Hidalgo, Texas for a two-bedroom apartment is between $879 and $1,075.

Sourced from federal housing data and AffordableHousingOnline.com research.