Low Income Apartments and Affordable Housing For Rent in Cochran County, TX

Discover affordable housing in Cochran County 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.

Morton Manor

Southwest 5th St, Morton, Texas

Morton Meadows

901 Sw 4th, Morton, Texas

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Cochran County, Texas
$17.14/hour
$9.89 (+136%) more than Texas minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Cochran County, Texas Affordable Housing ↓

What HUD offices serve Cochran County, 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 Cochran County, Texas.

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

How many renters live in Cochran County, Texas?

The County of Cochran County has 2,529 people living in 959 households.

There are 686 renters living in 312 renter households in this County. Renters make up 27.13 percent of the population living in Cochran County.

What is the rental market like in Cochran County, Texas?

There are an estimated 1,256 housing units in the Cochran County area. Of these, 324 units are rental homes, making up 26 percent of the housing market. For every renter household in Cochran County, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Cochran County?

The rental vacancy rate in Cochran County is 4 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 Cochran County for each bedroom size?

Occupied Rental Units by Size in Cochran County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 9 134 160 9
Occupied Rental Units by Size in Cochran County

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

Among renter households in this market, 19 percent have housing cost burden. Further, 8 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 Cochran County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $705 to $1,205. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $705
One BR $729
Two BR $905
Three BR $1,096
Four BR $1,205
2024 Fair Market Rents in Cochran County, Texas

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

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 8 89 percent
Two BR 83 62 percent
Rental Units Below FMR in Cochran County, Texas

How many affordable rental units are in Cochran County?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 10
USDA Section 514 Farm Labor Housing 20
Tracked Units by Federal Program in Cochran County, Texas

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

Income Based Apartments in Cochran County, Texas

Cochran County features 30 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 Cochran County, Texas

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

Housing Choice Vouchers in Cochran County, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Cochran County, Texas for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.