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

Discover affordable housing in Laredo where there are 59+ 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.

Laredo Manor Apts.

300 East Mann Road, Laredo, Texas 78041

bed 1-3
payment $532-745/mo.
payment Subsidized

Cherry Hills Apartments

1300 E Calton Rd, Laredo, Texas 78041

payment Subsidized

Laredo Senior Citizens

700 Juarez Ave, Laredo, Texas 78040

bed 1-2
payment Subsidized

Rosemont at Laredo Vista

5606 Saint David, Laredo, Texas 78046

bed 2-4
switch_access_shortcut Short Wait
accessibility Accessible

La Joya Apartments

106 Obsidian Blvd, Laredo, Texas 78046

bed 2-3
payment $1071-1237/mo.

Merida Vista Apartments

109 N Merida Dr, Laredo, Texas 78043

bed 2
payment $997/mo.

2119 S Ejido Ave Unit 5

2119 S Ejido Ave Unit 5, Laredo, Texas 78046

bed 2
payment $925/mo.

3315 San Agustin Ave Unit 10

3315 San Agustin Ave Unit 10, Laredo, Texas 78040

bed 1
payment $750/mo.

2414 1/2 Sanders Ave

2414 1/2 Sanders Ave, Laredo, Texas 78040

bed 2
payment $850/mo.

3103 E Price St

3103 E Price St, Laredo, Texas 78043

bed 2
payment $1025/mo.

1222 Paseo De Danubio

1222 Paseo De Danubio, Laredo, Texas 78046

bed 3
payment $1200/mo.

3114 Rosario St Unit 1

3114 Rosario St Unit 1, Laredo, Texas 78043

bed 1
payment $700/mo.

1013 N Canada Ave

1013 N Canada Ave, Laredo, Texas 78043

bed 3
payment $1200/mo.

3115 Guerrero St Unit 4

3115 Guerrero St Unit 4, Laredo, Texas 78043

bed 2
payment $1075/mo.

3108 Potomac Loop

3108 Potomac Loop, Laredo, Texas 78046

bed 2
payment $1000/mo.

4403 N Stone Ave Unit 5

4403 N Stone Ave Unit 5, Laredo, Texas 78041

bed 2
payment $975/mo.

2816 N Martin Ave Unit D

2816 N Martin Ave Unit D, Laredo, Texas 78043

bed 3
payment $1200/mo.

1610 Lincoln St

1610 Lincoln St, Laredo, Texas 78040

bed 2
payment $700/mo.

300 Mann Rd

300 Mann Rd, Laredo, Texas 78041

bed 1
payment $690/mo.

3412 Armando Peña Dr

3412 Armando Peña Dr, Laredo, Texas 78046

bed 3
payment $1250/mo.

How To Identify Affordable Housing in Laredo, 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: Jun 16
Open Until Further Notice
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Reported On March 1st, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Laredo, Texas
$20.59/hour
$13.34 (+184%) more than Texas minimum wage and $13.34 (+184%) more than the Federal minimum wage.
Learn More About Laredo, Texas Affordable Housing ↓

What HUD offices serve Laredo, 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, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV), Section 8 Project-Based Rental Assistance (PBRA), Rental Assistance Demonstration (RAD), Moderate Rehabilitation programs for Laredo, Texas.

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

How many renters live in Laredo, Texas?

The City of Laredo has people living in households.

There are renters living in renter households in this City. Renters make up 33.88 percent of the population living in Laredo.

What is the rental market like in Laredo, Texas?

There are an estimated housing units in the Laredo area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Laredo, Texas, there are 1.08 rental units.

What is the vacancy rate for rentals in Laredo?

The rental vacancy rate in Laredo 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 Laredo for each bedroom size?

Occupied Rental Units by Size in Laredo
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2,311 4,786 10,842 9,967 1,434
Occupied Rental Units by Size in Laredo

A large number of apartments in Laredo 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 Laredo

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $876 to $1,449. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $876
One BR $881
Two BR $1,087
Three BR $1,384
Four BR $1,449
2024 Fair Market Rents in Laredo, Texas

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

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 1,378 60 percent
One BR 3,305 69 percent
Two BR 6,823 63 percent
Rental Units Below FMR in Laredo, Texas

How many affordable rental units are in Laredo?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Mod Rehab Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Tracked Units by Federal Program in Laredo, Texas

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

Income Based Apartments in Laredo, Texas

Laredo features 1,326 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 Laredo, Texas

There are 421 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Laredo.

Housing Choice Vouchers in Laredo, Texas

On average, Section 8 Housing Choice vouchers pay Laredo landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Laredo.

The maximum amount a voucher would pay on behalf of a low-income tenant in Laredo, Texas for a two-bedroom apartment is between $978 and $1,196.

Sourced from federal housing data and AffordableHousingOnline.com research.

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