Low Income Apartments and Affordable Housing For Rent in San Marcos, TX

Discover affordable housing in San Marcos where there are 18+ 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.

Riverview Apartments

601 River Road, San Marcos, Texas 78666

Riverstone

1430 Wonder World Dr., San Marcos, Texas 78666

Redwood

1900 Redwood Rd., San Marcos, Texas 78666

The Reserve at San Marcos

4210 N. Hwy 123, San Marcos, Texas 78666

Villas at Willow Springs

1502 S Interstate 35, San Marcos, Texas 78666

Mission Trail at El Camino Real

3085 Highway 123, San Marcos, Texas 78113

Villas del San Xavier

140 Royale Senior Way, San Marcos, Texas 78666

Encino Pointe

1800 Post Rd, San Marcos, Texas 78666

Sienna Pointe

2913 Hunter Rd, San Marcos, Texas 78666

Champions Crossings

345 Champion Blvd, San Marcos, Texas 78666

La Vista Apartments

1615 Redwood Rd , San Marcos, Texas 78666

Stone Brook Seniors Community

300 S Stagecoach Trl, San Marcos, Texas 78666

Springtown Villa

503 Springtown Way, San Marcos, Texas 78666

Country Oaks Apartments

1951 Aquarena Springs Dr, San Marcos, Texas 78666

Allen Woods Homes

701 S Lbj Dr, San Marcos, Texas 78666

M539119, Wonder World Drive

1350 Wonder World Dr, San Marcos, Texas 78666

San Marcos Seniors Community II, Lp

500 Parker Dr, San Marcos, Texas 78666

Texas

Vacant Lot By Hwy 123 Broadway, San Marcos, Texas 78666

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In San Marcos, Texas
$36.44/hour
$29.19 (+403%) more than Texas minimum wage and $29.19 (+403%) more than the Federal minimum wage.
Learn More About San Marcos, Texas Affordable Housing ↓

What HUD offices serve San Marcos, 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) programs for San Marcos, Texas.

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

How many renters live in San Marcos, Texas?

The City of San Marcos has 70,308 people living in 29,541 households.

There are 36,888 renters living in 19,246 renter households in this City. Renters make up 52.47 percent of the population living in San Marcos.

What is the rental market like in San Marcos, Texas?

There are an estimated 29,540 housing units in the San Marcos area. Of these, 20,929 units are rental homes, making up 71 percent of the housing market. For every renter household in San Marcos, Texas, there are 1 rental units.

What is the vacancy rate for rentals in San Marcos?

The rental vacancy rate in San Marcos is 4 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 San Marcos for each bedroom size?

Occupied Rental Units by Size in San Marcos
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
919 4,566 7,375 4,433 1,734
Occupied Rental Units by Size in San Marcos

A large number of apartments in San Marcos 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 San Marcos are overburdened by housing costs?

Among renter households in this market, 61 percent have housing cost burden. Further, 31 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 San Marcos

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,519 to $2,840. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,519
One BR $1,635
Two BR $1,924
Three BR $2,470
Four BR $2,840
2024 Fair Market Rents in San Marcos, Texas

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

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 755 82 percent
One BR 4,334 95 percent
Two BR 5,311 72 percent
Rental Units Below FMR in San Marcos, Texas

How many affordable rental units are in San Marcos?

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

Federal Program Unit Count
Low Income Housing Tax Credit 2,436
Public Housing 287
Section 8 Project-Based Rental Assistance 100
Tracked Units by Federal Program in San Marcos, Texas

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

Income Based Apartments in San Marcos, Texas

San Marcos features 401 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 San Marcos, Texas

There are 2,601 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in San Marcos.

Housing Choice Vouchers in San Marcos, Texas

On average, Section 8 Housing Choice vouchers pay San Marcos landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in San Marcos.

The maximum amount a voucher would pay on behalf of a low-income tenant in San Marcos, Texas for a two-bedroom apartment is between $1,732 and $2,116.

Sourced from federal housing data and AffordableHousingOnline.com research.