Low Income Apartments In McAllen
Hidalgo County, Texas

Low Income Apartments In McAllen

Villas at Beaumont Apartments

2200 Beaumont Avenue
McAllen, TX
1 BR
HCV Welcome

Retama Village II Apartments

2500 Jasmine Avenue
McAllen, TX
1-3 BR

La Vista Apartments

2401 La Vista Avenue
McAllen, TX
1-3 BR
HCV Welcome

Retama Village Apartments

900 N. 26th St.
McAllen, TX
1-3 BR
HCV Welcome

Valley View Apartments

602 East Ebony Ave
McAllen, TX

Memorial Apartments

501 E Jasmine Ave
McAllen, TX

Pecan Village Apartments

2200 Pecan Blvd
McAllen, TX

Las Palmas Apartments

601 E Ebony Ave
McAllen, TX

El Patrimonio Apartments

2601 Sarah Avenue
McAllen, TX
HCV Welcome

Padre De Vida

3900 S. Ware Road
McAllen, TX

There are 14 low income housing apartment complexes which contain 1,241 affordable apartments for rent in McAllen, Texas. Many of these rental apartments are income based housing with about 827 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 504 Project-Based Section 8 subsidized apartments in McAllen. There are 234 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Housing Authorities that serve McAllen

Housing Authority Programs
Hidalgo County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
McAllen Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Family Self-sufficiency; Veteran Affairs Supportive Housing (VASH)

Guide To Affordable Housing in McAllen, Texas

McAllen, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 14
Total Low Income Apartments 1,241
Total Rent Assisted Apartments 827
Percentage of Housing Units Occupied By Renters 39.2%
Average Renter Household Size 3.11
Total Population 136,993
Housing Units 42,225
Average Household Size 3.22
Median Household Income $44,254 ±$1,891
Median Rent $723 ±$20
Percentage Of Renters Overburdened 46.24% ± 3.53pp

Population and Household Demographics

McAllen is a City in Hidalgo County, Texas with a population of 136,993. There are 42,225 households in the city with an average household size of 3.22 persons. 39.2% of households in McAllen are renters.

Income and Rent Overburden in McAllen

The median gross income for households in McAllen is $44,254 a year, or $3,688 a month. The median rent for the city is $723 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In McAllen, a household making less than $2,410 a month would be considered overburdened when renting an apartment at or above the median rent. 46.24% of households who rent are overburdened in McAllen.1

Area Median Income In McAllen

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For McAllen, the AMI is calculated from all households within Hidalgo County.

In McAllen, HUD calculates the Area Median Income for a family of four as $41,900

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in McAllen

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for McAllen HUD Rental Assistance in McAllen

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $30,170 $34,050 $36,400 $38,750
50% of Median $20,550 $23,500 $26,450 $29,350 $31,700 $34,050 $36,400 $38,750
80% of Median $32,900 $37,600 $42,300 $46,950 $50,750 $54,500 $58,250 $62,000
Low Income Housing Tax Credits in McAllen

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1988 to 2001, 3 low income apartment communities containing 432 rental apartments have been constructed and made affordable to low income persons in McAllen by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in McAllen

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $24,660 $28,200 $31,740 $35,220 $38,040 $40,860 $43,680 $46,500

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in McAllen is $31,740 a year, or $2,645 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,645 by 30% to get a maximum rent of $794 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $514 $551 $661 $763 $851 $939
60% $617 $661 $794 $916 $1,022 $1,127
Fair Market Rents in McAllen

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$582 $586 $757 $963 $1,097