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

Discover affordable housing in Vinton where there are 2+ 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.

Vinton Palms

7755 De Alva Dr., Vinton, Texas 79835

Hemley Palms

230 Hemley Rd., Vinton, Texas 79821

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

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

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

How many renters live in Vinton, Texas?

The City of Vinton has 2,692 people living in 498 households.

There are 233 renters living in 70 renter households in this City. Renters make up 8.66 percent of the population living in Vinton.

What is the rental market like in Vinton, Texas?

There are an estimated 553 housing units in the Vinton area. Of these, 85 units are rental homes, making up 15 percent of the housing market. For every renter household in Vinton, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Vinton?

The rental vacancy rate in Vinton is 14 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Vinton for each bedroom size?

Occupied Rental Units by Size in Vinton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 19 51 0
Occupied Rental Units by Size in Vinton

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

Among renter households in this market, 46 percent have housing cost burden. Further, 4 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 Vinton

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 Vinton, Texas

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

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 11 58 percent
Rental Units Below FMR in Vinton, Texas

How many affordable rental units are in Vinton?

Income Based Apartments in Vinton, Texas

Vinton 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 Vinton, Texas

There are 88 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Vinton.

Housing Choice Vouchers in Vinton, Texas

On average, Section 8 Housing Choice vouchers pay Vinton landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Vinton.

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

Sourced from federal housing data and AffordableHousingOnline.com research.