The U.S. Department of Housing and Urban Development states that it offers reduced rent for low-income tenants who are unable to afford the average rental payment. Those searching for the cheapest apartments apply to their management office, whose agents help tenants search for homes.Continue Reading
There are three types of programs that the U.S. Department of Housing and Urban Development offers: privately owned subsidized housing; the Housing Choice Voucher Program, also known as Section 8; and public housing, according to HUD. Privately owned subsidized housing helps landlords financially so that they are able to offer reduced rent to low-income tenants. The Housing Choice Voucher Program allows an individual to find his own home, but using a voucher, he pays a full or partial amount of the rent. In order to do this, the tenant has to apply with a public housing agency.
Public housing is offered specifically for elderly individuals and those with disabilities, explains HUD. In order to apply, individuals need to get in touch with the public housing agency. There is also the option to receive rental help from assistance programs, which includes finding special housing, other affordable housing, support and help with utility bills, and other services in each state. The housing counseling agency also gives advice and ideas on how to find cheap apartments.Learn more about Finding a Home