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

Discover affordable housing in Goldthwaite 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.

Whispering Oaks Apartments

1209 8th St, Goldthwaite, Texas 77630

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Goldthwaite, 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 Goldthwaite, Texas Affordable Housing ↓

What HUD offices serve Goldthwaite, 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 Public Housing programs for Goldthwaite, Texas.
Operates the Section 8 Housing Choice Voucher (HCV), Mainstream Voucher programs for Goldthwaite, Texas.

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

How many renters live in Goldthwaite, Texas?

The City of Goldthwaite has 1,817 people living in 753 households.

There are 481 renters living in 197 renter households in this City. Renters make up 26.47 percent of the population living in Goldthwaite.

What is the rental market like in Goldthwaite, Texas?

There are an estimated 936 housing units in the Goldthwaite area. Of these, 217 units are rental homes, making up 23 percent of the housing market. For every renter household in Goldthwaite, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Goldthwaite?

The rental vacancy rate in Goldthwaite is 9 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 Goldthwaite for each bedroom size?

Occupied Rental Units by Size in Goldthwaite
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
7 64 69 50 7
Occupied Rental Units by Size in Goldthwaite

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

Among renter households in this market, 28 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 Goldthwaite

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $705 to $1,345. 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 $1,275
Four BR $1,345
2024 Fair Market Rents in Goldthwaite, Texas

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

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 7 100 percent
One BR 41 64 percent
Two BR 59 86 percent
Rental Units Below FMR in Goldthwaite, Texas

How many affordable rental units are in Goldthwaite?

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

Federal Program Unit Count
Public Housing 36
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Goldthwaite, Texas

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

Income Based Apartments in Goldthwaite, Texas

Goldthwaite features 24 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 Goldthwaite, Texas

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

Housing Choice Vouchers in Goldthwaite, Texas

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.