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

Discover affordable housing in Athens where there are 7+ 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.

West Hylands

737 W College St, Athens, Texas 75751

Fairview Cottages

1600 S Palestine St, Athens, Texas 75751

Oaks of Fairview

160 Gibson Rd, Athens, Texas 75751

New Haven Apartments

714 Jonathan St, Athens, Texas 75751

Victoria Place Apartments

900 Barbara St, Athens, Texas 75751

The Gardens of Athens

314 Wood St, Athens, Texas 75751

Texas

Athens Block 102-Lot 17 Excluding, Athens, Texas 75751

calendar_today Opened: Feb 1
Open Until Further Notice

Reported On February 23rd, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Athens, Texas
$19.24/hour
$11.99 (+165%) more than Texas minimum wage and $11.99 (+165%) more than the Federal minimum wage.
Learn More About Athens, Texas Affordable Housing ↓

What HUD offices serve Athens, 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 Athens, Texas.

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

How many renters live in Athens, Texas?

The City of Athens has 12,878 people living in 4,582 households.

There are 4,360 renters living in 2,032 renter households in this City. Renters make up 33.86 percent of the population living in Athens.

What is the rental market like in Athens, Texas?

There are an estimated 5,336 housing units in the Athens area. Of these, 2,237 units are rental homes, making up 42 percent of the housing market. For every renter household in Athens, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Athens?

The rental vacancy rate in Athens is 9 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 Athens for each bedroom size?

Occupied Rental Units by Size in Athens
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
302 624 334 713 32
Occupied Rental Units by Size in Athens

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

Among renter households in this market, 56 percent have housing cost burden. Further, 34 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 Athens

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $781 to $1,491. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $781
One BR $808
Two BR $1,016
Three BR $1,346
Four BR $1,491
2024 Fair Market Rents in Athens, Texas

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

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 24 8 percent
One BR 475 76 percent
Two BR 165 49 percent
Rental Units Below FMR in Athens, Texas

How many affordable rental units are in Athens?

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

Federal Program Unit Count
Low Income Housing Tax Credit 341
Section 8 Project-Based Rental Assistance 170
USDA Section 515 Rural Rental Housing 142
Tracked Units by Federal Program in Athens, Texas

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

Income Based Apartments in Athens, Texas

Athens features 268 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 Athens, Texas

There are 130 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Athens.

Housing Choice Vouchers in Athens, Texas

On average, Section 8 Housing Choice vouchers pay Athens landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Athens.

The maximum amount a voucher would pay on behalf of a low-income tenant in Athens, Texas for a two-bedroom apartment is between $914 and $1,118.

Sourced from federal housing data and AffordableHousingOnline.com research.