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

Discover affordable housing in Sunnyvale where there are 1+ 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.

Riverstone Trails Apartments

201 Planters Rd, Sunnyvale, Texas 75182

calendar_today Opened: Jan 21
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

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

What HUD offices serve Sunnyvale, 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 Sunnyvale, Texas.
Operates the Section 8 Housing Choice Voucher (HCV), Homeownership Voucher, Family Self-Sufficiency programs for Sunnyvale, Texas.

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

How many renters live in Sunnyvale, Texas?

The City of Sunnyvale has 7,873 people living in 2,624 households.

There are 958 renters living in 406 renter households in this City. Renters make up 12.17 percent of the population living in Sunnyvale.

What is the rental market like in Sunnyvale, Texas?

There are an estimated 2,694 housing units in the Sunnyvale area. Of these, 406 units are rental homes, making up 15 percent of the housing market. For every renter household in Sunnyvale, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Sunnyvale?

The rental vacancy rate in Sunnyvale is 0 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 Sunnyvale for each bedroom size?

Occupied Rental Units by Size in Sunnyvale
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 335 0 36
Occupied Rental Units by Size in Sunnyvale

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

Among renter households in this market, 61 percent have housing cost burden. Further, 40 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 Sunnyvale

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 Sunnyvale, Texas

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

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
Two BR 335 100 percent
Rental Units Below FMR in Sunnyvale, Texas

How many affordable rental units are in Sunnyvale?

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

Federal Program Unit Count
Low Income Housing Tax Credit 96
Tracked Units by Federal Program in Sunnyvale, Texas

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

Income Based Apartments in Sunnyvale, Texas

Sunnyvale features 0 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 Sunnyvale, Texas

There are 87 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sunnyvale.

Housing Choice Vouchers in Sunnyvale, Texas

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.