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

Discover affordable housing in Bangs 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.

Cannon Courts

808 E Hall Street, Bangs, Texas 76823

Moody Addition

201 S 3rd St, Bangs, Texas 76823

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bangs, Texas
$20.42/hour
$13.17 (+182%) more than Texas minimum wage and $13.17 (+182%) more than the Federal minimum wage.
Learn More About Bangs, Texas Affordable Housing ↓

What HUD offices serve Bangs, 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, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV), Mainstream Voucher, Section 8 HCV Money Follows the Person (MFP), Public Housing Money Follows the Person (MFP) programs for Bangs, Texas.

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

How many renters live in Bangs, Texas?

The City of Bangs has 1,697 people living in 625 households.

There are 504 renters living in 210 renter households in this City. Renters make up 29.7 percent of the population living in Bangs.

What is the rental market like in Bangs, Texas?

There are an estimated 803 housing units in the Bangs area. Of these, 223 units are rental homes, making up 28 percent of the housing market. For every renter household in Bangs, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Bangs?

The rental vacancy rate in Bangs is 6 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 Bangs for each bedroom size?

Occupied Rental Units by Size in Bangs
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 82 56 63 9
Occupied Rental Units by Size in Bangs

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

Among renter households in this market, 43 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 Bangs

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $731 to $1,552. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $731
One BR $820
Two BR $1,078
Three BR $1,367
Four BR $1,552
2024 Fair Market Rents in Bangs, Texas

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

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
One BR 77 94 percent
Two BR 30 54 percent
Rental Units Below FMR in Bangs, Texas

How many affordable rental units are in Bangs?

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

Federal Program Unit Count
Public Housing 58
Tracked Units by Federal Program in Bangs, Texas

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

Income Based Apartments in Bangs, Texas

Bangs features 60 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 Bangs, Texas

There are 36 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bangs.

Housing Choice Vouchers in Bangs, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Bangs, Texas for a two-bedroom apartment is between $970 and $1,186.

Sourced from federal housing data and AffordableHousingOnline.com research.