About This Property
Las Palmas Apts is a 36-unit affordable housing community in La Feria, TX, consisting of thirty-two 1-bedroom and four 2-bedroom units designated for low-income residents. The property was placed in service in 1999 and utilizes 9% Low-Income Housing Tax Credits to support affordability. All units serve households at or below the area median income limits.
Property Details
Fair Market Rent - Cameron County, TX
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $660 |
| 1 Bedroom | $761 |
| 2 Bedroom | $965 |
| 3 Bedroom | $1,270 |
| 4 Bedroom | $1,374 |
Income Limits - Cameron County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,350
- Low (80%)
- $34,100
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,400
- Low (80%)
- $39,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,450
- Low (80%)
- $43,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,450
- Low (80%)
- $48,700
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,900
- Low (80%)
- $52,600
- Extremely Low (30%)
- $35,350
- Very Low (50%)
- $35,350
- Low (80%)
- $56,500
- Extremely Low (30%)
- $37,800
- Very Low (50%)
- $37,800
- Low (80%)
- $60,400
- Extremely Low (30%)
- $40,200
- Very Low (50%)
- $40,200
- Low (80%)
- $64,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,350 | $34,100 |
| 2 Persons | $17,420 | $24,400 | $39,000 |
| 3 Persons | $21,960 | $27,450 | $43,850 |
| 4 Persons | $26,500 | $30,450 | $48,700 |
| 5 Persons | $31,040 | $32,900 | $52,600 |
| 6 Persons | $35,350 | $35,350 | $56,500 |
| 7 Persons | $37,800 | $37,800 | $60,400 |
| 8 Persons | $40,200 | $40,200 | $64,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in La Feria, TX?+
The Fair Market Rent (FMR) for Cameron County, TX is: $660 (Studio), $761 (1BR), $965 (2BR), $1270 (3BR), $1374 (4BR). Actual rent at subsidized properties like Las Palmas Apts is typically 30% of household income or less.
What size apartments are available at Las Palmas Apts?+
Las Palmas Apts offers the following unit types: 32 One-Bedroom, 4 Two-Bedroom units, for a total of 36 units.
Who manages Las Palmas Apts?+
Las Palmas Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Cameron County, TX?+
For a 4-person household in Cameron County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,450, Low Income (80% AMI): $48,700. These limits are set by HUD and updated annually.
What is the price range for apartments in La Feria, TX?+
Based on Fair Market Rent for Cameron County, the estimated price range is: 1-bedroom: $761, 2-bedroom: $965. Actual rent at Las Palmas Apts may be lower for income-eligible households.
How do I apply for housing at Las Palmas Apts?+
Las Palmas Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Contact Information
Walk Score
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Nearby Schools
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