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

Discover affordable housing in Gainesville where there are 9+ 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.

Gainesville Garden Apartments

2300 Alabama Dr, Gainesville, Texas 76240

Washington Court Walnut Lane

715 E California St, Gainesville, Texas 76240

Lexington Square Apartments

2008 N Interstate 35, Gainesville, Texas 76240

Willowick Apartments

1501 Newland Dr, Gainesville, Texas 76240

Bella Vista Apartments

1000 Bella Vista Dr, Gainesville, Texas 78574

Pecan Creek Village

1100 Lawrence St, Gainesville, Texas 76240

Turner Apartments

501 E California St, Gainesville, Texas 76240

Park Ridge Apts

2415 E Highway 82, Gainesville, Texas

Woodglen Park Apartments

2415 E Hwy 82, Gainesville, Texas

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 Gainesville, Texas
$22.58/hour
$15.33 (+211%) more than Texas minimum wage and $15.33 (+211%) more than the Federal minimum wage.
Learn More About Gainesville, Texas Affordable Housing ↓

What HUD offices serve Gainesville, 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 Gainesville, Texas.

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

How many renters live in Gainesville, Texas?

The City of Gainesville has 17,459 people living in 6,792 households.

There are 7,954 renters living in 3,423 renter households in this City. Renters make up 45.56 percent of the population living in Gainesville.

What is the rental market like in Gainesville, Texas?

There are an estimated 7,242 housing units in the Gainesville area. Of these, 3,479 units are rental homes, making up 48 percent of the housing market. For every renter household in Gainesville, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Gainesville?

The rental vacancy rate in Gainesville is 1 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 Gainesville for each bedroom size?

Occupied Rental Units by Size in Gainesville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
38 859 998 1,386 101
Occupied Rental Units by Size in Gainesville

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

Among renter households in this market, 43 percent have housing cost burden. Further, 15 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 Gainesville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $901 to $1,877. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $901
One BR $907
Two BR $1,192
Three BR $1,523
Four BR $1,877
2024 Fair Market Rents in Gainesville, Texas

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

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
Studio 10 26 percent
One BR 609 71 percent
Two BR 550 55 percent
Rental Units Below FMR in Gainesville, Texas

How many affordable rental units are in Gainesville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 167
Section 8 Project-Based Rental Assistance 295
USDA Section 515 Rural Rental Housing 170
Tracked Units by Federal Program in Gainesville, Texas

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

Income Based Apartments in Gainesville, Texas

Gainesville features 468 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 Gainesville, Texas

There are 144 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Gainesville.

Housing Choice Vouchers in Gainesville, Texas

On average, Section 8 Housing Choice vouchers pay Gainesville landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Gainesville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Gainesville, Texas for a two-bedroom apartment is between $1,073 and $1,311.

Sourced from federal housing data and AffordableHousingOnline.com research.