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

Discover affordable housing in Socorro where there are 16+ 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.

Socorro Palms

11251 Socorro Road, Socorro, Texas 79927

bed 1-4
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Jaime O Perez Memorial Apartments

229 N. Nevarez Rd., Socorro, Texas 79927

bed 1-3
switch_access_shortcut Short Wait

Nevarez Palms

120 N. Nevarez Rd, Socorro, Texas 79927

bed 1-4
switch_access_shortcut Short Wait

148 Buford Rd

148 Buford Rd, Socorro, Texas 79927

bed 3
payment $1474/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

11498 Summer Dr

11498 Summer Dr, Socorro, Texas 79927

bed 4
payment $1650/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

11492 Summer Dr

11492 Summer Dr, Socorro, Texas 79927

bed 4
payment $1650/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

773 Lupe Anna Ln

773 Lupe Anna Ln, Socorro, Texas 79927

bed 3
payment $1350/mo.

10125 Red Vly

10125 Red Vly, Socorro, Texas 79927

bed 4
payment $1950/mo.

11550 N Loop Dr Unit Casita -A

11550 N Loop Dr Unit Casita -A, Socorro, Texas 79927

bed 2
payment $800/mo.

10281 Montevideo St

10281 Montevideo St, Socorro, Texas 79927

bed 5
payment $1700/mo.

Mission Pass

633 Dindinger Rd, Socorro, Texas 79927

switch_access_shortcut Short Wait
accessibility Accessible

Tierra Socorro Ltd

560 Three Missions Dr, Socorro, Texas 79927

switch_access_shortcut Short Wait
accessibility Accessible

Socorro Village

148 Buford Rd, Socorro, Texas 79927

bed 2-4
payment Subsidized

Ysleta Del Sur Pueblo Homes I

Tomas Granillo St, Socorro, Texas 79907

switch_access_shortcut Short Wait
accessibility Accessible

Mision Del Valle Townhomes

621 Dindinger Rd, Socorro, Texas 79927

switch_access_shortcut Short Wait
accessibility Accessible

Tierra Socorro, Ltd

10560 N Loop Dr, Socorro, Texas 79927

How To Identify Affordable Housing in Socorro, 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.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Socorro, Texas
$21.78/hour
$14.53 (+200%) more than Texas minimum wage and $14.53 (+200%) more than the Federal minimum wage.
Learn More About Socorro, Texas Affordable Housing ↓

What HUD offices serve Socorro, 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) programs for Socorro, Texas.
Operates the Public Housing programs for Socorro, Texas.

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

How many renters live in Socorro, Texas?

The City of Socorro has people living in households.

There are renters living in renter households in this City. Renters make up 20.6 percent of the population living in Socorro.

What is the rental market like in Socorro, Texas?

There are an estimated housing units in the Socorro area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Socorro, Texas, there are 1.07 rental units.

What is the vacancy rate for rentals in Socorro?

The rental vacancy rate in Socorro is 3 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 Socorro for each bedroom size?

Occupied Rental Units by Size in Socorro
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
66 115 637 966 421
Occupied Rental Units by Size in Socorro

A large number of apartments in Socorro 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 Socorro

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $804 to $1,952. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $804
One BR $980
Two BR $1,150
Three BR $1,594
Four BR $1,952
2024 Fair Market Rents in Socorro, Texas

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

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 66 100 percent
One BR 109 95 percent
Two BR 514 81 percent
Rental Units Below FMR in Socorro, Texas

How many affordable rental units are in Socorro?

There are a variety of federal affordable housing programs serving households in Socorro, 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
Tracked Units by Federal Program in Socorro, Texas

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

Income Based Apartments in Socorro, Texas

Socorro features 53 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 Socorro, Texas

There are 548 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Socorro.

Housing Choice Vouchers in Socorro, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Socorro, Texas for a two-bedroom apartment is between $1,035 and $1,265.

Sourced from federal housing data and AffordableHousingOnline.com research.

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