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

Discover affordable housing in Emory where there are 4+ 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.

Emory Manor Apartments

Dunbar and Tx Hwy 19, Emory, Texas 75440

Abbington Walk of Emory

211 R.S. County Road 3030, Emory, Texas 75440

Emory Manor Apartments CO Ashcroft Group

389 S Texas St, Emory, Texas 75440

Emory Capital Apartments CO Ashcroft Group

109 S Dunbar Ln, Emory, Texas 75440

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Emory, Texas
$17.56/hour
$10.31 (+142%) more than Texas minimum wage and $10.31 (+142%) more than the Federal minimum wage.
Learn More About Emory, Texas Affordable Housing ↓

How many renters live in Emory, Texas?

The City of Emory has 1,373 people living in 410 households.

There are 670 renters living in 225 renter households in this City. Renters make up 48.8 percent of the population living in Emory.

What is the rental market like in Emory, Texas?

There are an estimated 490 housing units in the Emory area. Of these, 234 units are rental homes, making up 48 percent of the housing market. For every renter household in Emory, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Emory?

The rental vacancy rate in Emory is 0 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 Emory for each bedroom size?

Occupied Rental Units by Size in Emory
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 42 98 69 16
Occupied Rental Units by Size in Emory

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

Among renter households in this market, 33 percent have housing cost burden. Further, 13 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 Emory

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $722 to $1,380. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $722
One BR $826
Two BR $927
Three BR $1,296
Four BR $1,380
2024 Fair Market Rents in Emory, Texas

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

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 31 74 percent
Two BR 54 55 percent
Rental Units Below FMR in Emory, Texas

How many affordable rental units are in Emory?

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

Federal Program Unit Count
Low Income Housing Tax Credit 56
USDA Section 515 Rural Rental Housing 40
Tracked Units by Federal Program in Emory, Texas

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

Income Based Apartments in Emory, Texas

Emory features 40 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 Emory, Texas

There are 72 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Emory.

Housing Choice Vouchers in Emory, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Emory, Texas for a two-bedroom apartment is between $834 and $1,020.

Sourced from federal housing data and AffordableHousingOnline.com research.