Low Income Apartments and Affordable Housing For Rent in Laguna Vista, TX

Discover affordable housing in Laguna Vista 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.

Bahia Palms Apartments CO Fountainhead Lp

1303 Pino Dr, Laguna Vista, Texas 78578

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

How To Identify Affordable Housing in Laguna Vista, 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: Feb 1
Open Until Further Notice
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Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Laguna Vista, Texas
$18.28/hour
$11.03 (+152%) more than Texas minimum wage and $11.03 (+152%) more than the Federal minimum wage.
Learn More About Laguna Vista, Texas Affordable Housing ↓

What HUD offices serve Laguna Vista, 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, Moderate Rehabilitation programs for Laguna Vista, Texas.

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

How many renters live in Laguna Vista, Texas?

The City of Laguna Vista has people living in households.

There are renters living in renter households in this City. Renters make up 10.24 percent of the population living in Laguna Vista.

What is the rental market like in Laguna Vista, Texas?

There are an estimated housing units in the Laguna Vista area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Laguna Vista, Texas, there are 1.11 rental units.

What is the vacancy rate for rentals in Laguna Vista?

The rental vacancy rate in Laguna Vista is 10 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 Laguna Vista for each bedroom size?

Occupied Rental Units by Size in Laguna Vista
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 21 114 71 0
Occupied Rental Units by Size in Laguna Vista

A large number of apartments in Laguna Vista 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 Laguna Vista

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $660 to $1,374. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $660
One BR $761
Two BR $965
Three BR $1,270
Four BR $1,374
2024 Fair Market Rents in Laguna Vista, Texas

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

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 21 100 percent
Two BR 75 66 percent
Rental Units Below FMR in Laguna Vista, Texas

How many affordable rental units are in Laguna Vista?

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

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

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

Income Based Apartments in Laguna Vista, Texas

Laguna Vista features 64 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 Laguna Vista, Texas

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

Housing Choice Vouchers in Laguna Vista, Texas

On average, Section 8 Housing Choice vouchers pay Laguna Vista landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Laguna Vista.

The maximum amount a voucher would pay on behalf of a low-income tenant in Laguna Vista, Texas for a two-bedroom apartment is between $869 and $1,062.

Sourced from federal housing data and AffordableHousingOnline.com research.

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