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

Discover affordable housing in Plano where there are 94+ 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.

Luxia Preston

4950 Broadway Dr, Plano, Texas 75024

bed Studio
payment $1315/mo.

The Gio Apartments

1800 E Spring Creek Pky, Plano, Texas 75074

bed 1-2
payment $1086-1355/mo.

MAA Market Center

3825 Mapleshade Ln, Plano, Texas 75075

bed Studio-1
payment $1213-1303/mo.

Legacy

6909 Custer Rd, Plano, Texas 75023

bed 1-2
payment $1317-1730/mo.

Morada Plano

1009 14th St, Plano, Texas 75074

bed Studio-1
payment $1422-1439/mo.

The Ellington Apartments

4701 Preston Park Blvd, Plano, Texas 75093

bed 1-2
payment $1365-1700/mo.

Mission Gate

8025 Ohio Dr, Plano, Texas 75024

bed 1-2
payment $1170-1625/mo.

MAA Highwood

2401 Ohio Dr, Plano, Texas 75093

bed 1-2
payment $1173-1668/mo.

Thornbury at Chase Oaks

7101 Chase Oaks Blvd, Plano, Texas 75025

bed 1-3
payment $988-1844/mo.

Hunters Glen

6400 Independence Pky, Plano, Texas 75023

bed 1-2
payment $1104-1599/mo.

Bel Air Downtown

1410 K Ave, Plano, Texas 75074

bed Studio-2
payment $1139-1705/mo.

Towns Of Chapel Hill

6201 Chapel Hill Blvd, Plano, Texas 75093

bed 1
payment $1334/mo.

Summers Crossing Apartments

1500 Preston Rd, Plano, Texas 75093

bed 1-2
payment $1054-1521/mo.

Windhaven Park

6201 Windhaven Pky, Plano, Texas 75093

bed 1-3
payment $1175-1942/mo.

The Hathaway At Willow Bend

2525 Preston Rd, Plano, Texas 75093

bed 1-2
payment $1185-1580/mo.

Axis 3700 Apartments

3700 Maple Shade Ln, Plano, Texas 75075

bed Studio
payment $1295/mo.

Bel Air on 16th

651 W 16th St, Plano, Texas 75075

bed 1-3
payment $1170-1749/mo.

Windsor Place Townhomes

3535 14th St, Plano, Texas 75074

bed 2-3
payment $1735-2070/mo.

Marquis at Legacy

6820 Preston Rd, Plano, Texas 75024

bed 1
payment $1259/mo.

The Annabel at Assembly Park

6248 Assembly Park Blvd, Plano, Texas 75074

bed 1
payment $1490/mo.

How To Identify Affordable Housing in Plano, 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: Jan 21
Open Until Further Notice
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Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Plano, 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 Plano, Texas Affordable Housing ↓

What HUD offices serve Plano, 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 Plano, Texas.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV) programs for Plano, Texas.

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

How many renters live in Plano, Texas?

The City of Plano has people living in households.

There are renters living in renter households in this City. Renters make up 40.71 percent of the population living in Plano.

What is the rental market like in Plano, Texas?

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

What is the vacancy rate for rentals in Plano?

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

Occupied Rental Units by Size in Plano
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2,839 15,994 16,004 8,081 3,177
Occupied Rental Units by Size in Plano

A large number of apartments in Plano 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 Plano

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 Plano, Texas

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

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 1,611 57 percent
One BR 10,047 63 percent
Two BR 3,689 23 percent
Rental Units Below FMR in Plano, Texas

How many affordable rental units are in Plano?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Plano, Texas

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

Income Based Apartments in Plano, Texas

Plano features 416 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 Plano, Texas

There are 1,794 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Plano.

Housing Choice Vouchers in Plano, Texas

On average, Section 8 Housing Choice vouchers pay Plano landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Plano.

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

Sourced from federal housing data and AffordableHousingOnline.com research.

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