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

Discover affordable housing in Bowie where there are 1+ 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.

Royal Crest Apartments

1225 Eldorado St, Bowie, Texas 76230

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bowie, Texas
$21.74/hour
$14.49 (+200%) more than Texas minimum wage and $14.49 (+200%) more than the Federal minimum wage.
Learn More About Bowie, Texas Affordable Housing ↓

How many renters live in Bowie, Texas?

The City of Bowie has 5,483 people living in 2,048 households.

There are 1,826 renters living in 629 renter households in this City. Renters make up 33.3 percent of the population living in Bowie.

What is the rental market like in Bowie, Texas?

There are an estimated 2,536 housing units in the Bowie area. Of these, 797 units are rental homes, making up 31 percent of the housing market. For every renter household in Bowie, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Bowie?

The rental vacancy rate in Bowie is 21 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 Bowie for each bedroom size?

Occupied Rental Units by Size in Bowie
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 92 239 298 0
Occupied Rental Units by Size in Bowie

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

Among renter households in this market, 44 percent have housing cost burden. Further, 22 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 Bowie

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $868 to $1,706. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $868
One BR $874
Two BR $1,148
Three BR $1,553
Four BR $1,706
2024 Fair Market Rents in Bowie, Texas

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

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 64 70 percent
Two BR 154 64 percent
Rental Units Below FMR in Bowie, Texas

How many affordable rental units are in Bowie?

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

Federal Program Unit Count
Low Income Housing Tax Credit 90
USDA Section 515 Rural Rental Housing 48
Tracked Units by Federal Program in Bowie, Texas

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

Income Based Apartments in Bowie, Texas

Bowie features 48 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 Bowie, Texas

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

Housing Choice Vouchers in Bowie, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Bowie, Texas for a two-bedroom apartment is between $1,033 and $1,263.

Sourced from federal housing data and AffordableHousingOnline.com research.