Low Income Apartments and Affordable Housing For Rent in Collin County, TX

Discover affordable housing in Collin County where there are 270+ 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.

Palladium Anna

2020 Florence Way, Anna, Texas 75409

Palladium Farmersville

1803 West Audie Murphy Parkway, Farmersville, Texas 75442

Palladium Van Alstyne Senior Living

870 Blassingame Ave, Van Alstyne, Texas 75495

The Savannah at Gateway

401 Shiloh Road, Plano, Texas 75074

St. James Manor Apartments

3119 Easter Ave, Dallas, Texas 75216

Peoples El Shaddai Village

2836 E Overton Rd, Dallas, Texas 75216

West Ridge Villas

9331 Westridge Blvd, Mckinney, Texas 75070

Woodside Village

703 Bumpas St, Mckinney, Texas 75069

The Continental

1810 Commerce St, Dallas, Texas 75201

The Tuscany at Goldmark

13731 Goldmark Dr, Dallas, Texas 75240

The Waterford at Goldmark

13695 Goldmark Dr, Dallas, Texas 75240

Villas of Mission Bend - Senior Living

1201 Medical Avenue, Plano, Texas 75075

Reserve at Shiloh

1102 N Shiloh Rd., Garland, Texas 75041

Shiloh Village Apartments

8702 Shiloh Rd, Dallas, Texas 75228

Northgate Village

12303 Plano Rd, Dallas, Texas 75243

Garden Gate Apartments

1201 Legacy Dr, Plano, Texas 75023

Kinwood Apartments

3300 North McDonald Street, Mckinney, Texas 75071

Gala at Premier

2425 Premier Dr., Plano, Texas 75075

City Square Lofts

705 West Avenue B, Garland, Texas 75040

The Park at Cliff Creek

7310 Marvin D Love Fwy, Dallas, Texas 75237

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 Collin County, 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 Collin County, Texas Affordable Housing ↓

What HUD offices serve Collin County, 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 Collin County, Texas.

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

How many renters live in Collin County, Texas?

The County of Collin County has 1,158,696 people living in 414,601 households.

There are 339,612 renters living in 147,381 renter households in this County. Renters make up 29.31 percent of the population living in Collin County.

What is the rental market like in Collin County, Texas?

There are an estimated 436,091 housing units in the Collin County area. Of these, 159,195 units are rental homes, making up 37 percent of the housing market. For every renter household in Collin County, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Collin County?

The rental vacancy rate in Collin County 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 Collin County for each bedroom size?

Occupied Rental Units by Size in Collin County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
8,416 56,872 44,836 23,320 12,043
Occupied Rental Units by Size in Collin County

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

Among renter households in this market, 47 percent have housing cost burden. Further, 22 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 Collin County

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 Collin County, Texas

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

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 4,677 56 percent
One BR 34,812 61 percent
Two BR 8,554 19 percent
Rental Units Below FMR in Collin County, Texas

How many affordable rental units are in Collin County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 4,477
Public Housing 111
Section 8 Project-Based Rental Assistance 424
Section 202 Supportive Housing for the Elderly 295
Section 811 Supportive Housing for Persons with Disabilities 8
USDA Section 515 Rural Rental Housing 136
Tracked Units by Federal Program in Collin County, Texas

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

Income Based Apartments in Collin County, Texas

Collin County features 9,609 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 Collin County, Texas

There are 29,802 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Collin County.

Housing Choice Vouchers in Collin County, Texas

On average, Section 8 Housing Choice vouchers pay Collin County landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Collin County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.