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

Discover affordable housing in Lancaster 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.

Rosemont at Lancaster

1605 N. Houston School Road, Lancaster, Texas 75146

Riverbend

1000 River Bend Dr , Lancaster, Texas 75146

Portofino

1400 N Bluegrove Rd , Lancaster, Texas 75134

Villas of Lancaster

2531 West Pleasant Run Road, Lancaster, Texas 75146

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 Lancaster, 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 Lancaster, Texas Affordable Housing ↓

What HUD offices serve Lancaster, 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 Lancaster, Texas.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Lancaster, Texas.
Operates the Section 8 Housing Choice Voucher (HCV), Homeownership Voucher, Family Self-Sufficiency programs for Lancaster, Texas.

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

How many renters live in Lancaster, Texas?

The City of Lancaster has 40,958 people living in 14,052 households.

There are 14,347 renters living in 5,049 renter households in this City. Renters make up 35.03 percent of the population living in Lancaster.

What is the rental market like in Lancaster, Texas?

There are an estimated 14,865 housing units in the Lancaster area. Of these, 5,600 units are rental homes, making up 38 percent of the housing market. For every renter household in Lancaster, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Lancaster?

The rental vacancy rate in Lancaster is 8 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 Lancaster for each bedroom size?

Occupied Rental Units by Size in Lancaster
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
40 523 2,118 1,712 524
Occupied Rental Units by Size in Lancaster

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

Among renter households in this market, 58 percent have housing cost burden. Further, 26 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 Lancaster

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 Lancaster, Texas

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

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 40 100 percent
One BR 490 94 percent
Two BR 1,621 77 percent
Rental Units Below FMR in Lancaster, Texas

How many affordable rental units are in Lancaster?

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

Federal Program Unit Count
Low Income Housing Tax Credit 422
Tracked Units by Federal Program in Lancaster, Texas

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

Income Based Apartments in Lancaster, Texas

Lancaster 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 Lancaster, Texas

There are 424 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lancaster.

Housing Choice Vouchers in Lancaster, Texas

On average, Section 8 Housing Choice vouchers pay Lancaster landlords $900 per month towards rent. The average voucher holder contributes $500 towards rent in Lancaster.

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

Sourced from federal housing data and AffordableHousingOnline.com research.