Hibiscus Village

2412 Hibiscus Ave., McAllen, TX 78501

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Connor Bailey
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 - 2 Baths -
check_circle  Pets Allowed
check_circle  Project-Based Rental Assistance
check_circle  Family and Senior
check_circle  Affordable

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Welcome home to Hibiscus Village, a new affordable community offering great apartments for rent in McAllen, Texas. This beautiful neighborhood is located just minutes from Interstates 2 and 64C, making any commute around town effortless. You’ll love the convenience of nearby schools, dining, shopping, and entertainment venues all nearby. Look no further for a great apartment home in McAllen because you’ve found it at Hibiscus Village.

Hibiscus Village proudly offers four floor plans with 1-, 2-, and 3-bedroom apartments for rent. The standard amenities are what you have been searching for; Imagine preparing gourmet meals in your fully-equipped all-electric kitchen furnished with a pantry and breakfast bar. At Hibiscus Village, section 8 and 42 vouchers are welcomed.

This community is proud to offer many great amenities too! Residents can get some last-minute work done in the business center or unwind after a long day in the clubhouse. Take a cool and refreshing dip in the swimming pool, and younger residents will have a blast making memories at the play area.

Dave's Thoughts On Hibiscus Village

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Hibiscus Village does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Hibiscus Village Amenities

  • Elevator
  • Business Center
  • Clubhouse
  • Close to Public Transportation
  • Ceiling Fan(s)
  • Handicapped Accessible
  • Cable Ready
  • Kitchen Pantry
  • On-Site Maintenance
  • Central Heat & Air
  • Fully Equipped Kitchen
  • Washer and Dryer Included
  • Mini Blinds & Curtain Rods
  • High Speed Internet Access
  • Beautiful Landscape
  • Swimming pool
  • Play Area

Units at Hibiscus Village

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 773-796ft2 Call for Price
Two Bedroom (2/2) 1103ft2 Call for Price
Three Bedroom (3/2) 1322ft2 Call for Price

Income Qualification for Hibiscus Village

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
50% AMI for LIHTC Units $25,250 / year $28,850 / year $32,450 / year $36,050 / year $38,950 / year $41,850 / year
50% AMI for PBRA Units $25,250 / year $28,850 / year $32,450 / year $36,050 / year $38,950 / year $41,850 / year
60% AMI for LIHTC Units $30,300 / year $34,620 / year $38,940 / year $43,260 / year $46,740 / year $50,220 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Hibiscus Village

Does Hibiscus Village have a waiting list?

Hibiscus Village probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Hibiscus Village?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Hibiscus Village?

Hibiscus Village is managed by Brownstone Residential headquartered in Houston, Texas.

In addition to Hibiscus Village, how many other affordable housing properties (and units) are there in McAllen?

In addition to Hibiscus Village, we list 40 other affordable properties in McAllen. Learn about these properties here. Our data research shows that there are a total of 2030 affordable units in McAllen.

When was the Hibiscus Village listing last updated?

Hibiscus Village listing on Affordable Housing Online was last updated on 02/02/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Hibiscus Village

Villas at Beaumont Apartments

2200 Beaumont Avenue, McAllen, Texas 78501

bed 1
payment $493/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Retama Village II Apartments

2500 Jasmine Avenue, McAllen, Texas 78501

bed 1-3
payment $484-650/mo.
switch_access_shortcut Short Wait
payment Subsidized

La Vista Apartments

2401 La Vista Avenue, McAllen, Texas 78501

bed 1-3
switch_access_shortcut Short Wait
payment Subsidized

Padre De Vida

3900 S. Ware Road, McAllen, Texas 78503

switch_access_shortcut Short Wait

El Patrimonio Apartments

2601 Sarah Avenue, McAllen, Texas 78503

switch_access_shortcut Short Wait
accessibility Accessible

Memorial Apartments

501 E Jasmine Ave, McAllen, Texas 78501

bed 2-3
payment Subsidized
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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