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

Discover affordable housing in Booker 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.

Booker Housing

303 Bluebonnet St And, Booker, Texas 79005

Booker Housing III

5th Canna St, Booker, Texas 79005

calendar_today Opened: Apr 1
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 Booker, Texas
$18.05/hour
$10.80 (+149%) more than Texas minimum wage and $10.80 (+149%) more than the Federal minimum wage.
Learn More About Booker, Texas Affordable Housing ↓

What HUD offices serve Booker, 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), Veteran Affairs Supportive Housing (VASH) programs for Booker, Texas.

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

How many renters live in Booker, Texas?

The City of Booker has 1,398 people living in 504 households.

There are 298 renters living in 129 renter households in this City. Renters make up 21.32 percent of the population living in Booker.

What is the rental market like in Booker, Texas?

There are an estimated 605 housing units in the Booker area. Of these, 156 units are rental homes, making up 26 percent of the housing market. For every renter household in Booker, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Booker?

The rental vacancy rate in Booker is 12 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 Booker for each bedroom size?

Occupied Rental Units by Size in Booker
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 6 41 82 0
Occupied Rental Units by Size in Booker

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

Among renter households in this market, 17 percent have housing cost burden. Further, 17 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 Booker

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $742 to $1,416. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $742
One BR $767
Two BR $953
Three BR $1,152
Four BR $1,416
2024 Fair Market Rents in Booker, Texas

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

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 6 100 percent
Two BR 17 41 percent
Rental Units Below FMR in Booker, Texas

How many affordable rental units are in Booker?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 20
Tracked Units by Federal Program in Booker, Texas

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

Income Based Apartments in Booker, Texas

Booker features 20 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 Booker, Texas

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Booker.

Housing Choice Vouchers in Booker, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Booker, Texas for a two-bedroom apartment is between $858 and $1,048.

Sourced from federal housing data and AffordableHousingOnline.com research.