Affordable Housing In Houma
Terrebonne Parish, Louisiana

8 Low Income Apartment Communities In Houma

Academy Place Apartments

311 Academy St
Houma, Louisiana
Call For Rent
1-2 BR

Bonne Terre Village II

216 Barataria Ave
Houma, Louisiana
Call For Rent
1 BR

Tcoa Elderly Housing

6512 W Main St
Houma, Louisiana
Subsidized
62+
Accessible
Elderly Supportive Housing

Senator Circle

101A Senator Cir
Houma, Louisiana

Bayou Towers

7491 Park Ave
Houma, Louisiana

Terrebonne Elderly Apartments

207 E Main St
Houma, Louisiana

Cedar Court Apartments

201 Hill Ct
Houma, Louisiana
Subsidized

Taddy Village

411 Bayou Gardens Blvd
Houma, Louisiana
Subsidized
Accessible
Accessible
Disabled Supportive Housing
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Housing Authorities that serve Houma

Housing Authority Programs
Housing Authority of the City of Houma Public Housing
Terrebonne PH Consolid. Govt. Federal Programs Division Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Houma, Louisiana

There are 8 low income housing apartment communities offering 809 affordable apartments for rent in Houma, Louisiana.

Income Based Apartments in Houma, Louisiana

Houma features 656 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 Houma, Louisiana

There are 153 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Houma.

Housing Choice Vouchers in Houma, Louisiana

On average, Section 8 Housing Choice vouchers pay Houma landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Houma.

The maximum amount a voucher would pay on behalf of a low-income tenant in Houma, Louisiana for a two-bedroom apartment is between $807 and $987.

2021 Houma, Louisiana Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Houma, Louisiana Fair Market Rent $664 $705 $897 $1,212 $1,401
Houma, Louisiana Payment Standard Range $598 to $730 $635 to $776 $807 to $987 $1,091 to $1,333 $1,261 to $1,541

Sourced from federal housing data and AffordableHousingOnline.com research.

Houma, LA Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 809
Total Housing Units with Rental Assistance 656
Percentage of Housing Units Occupied By Renters 34.76%
Average Renter Household Size 2.74
Average Household Size 2.77
Median Household Income $47,052 ±$3,674
Median Rent $762 ±$85
Percentage Of Renters Overburdened 35.92% ± 7.79pp
Total Population 33,982

Population and Household Demographics

Houma is a city in Terrebonne Parish, Louisiana with a population of 33,982. There are 12,167 households in the city with an average household size of 2.77 persons. 34.76% of households in Houma are renters.

Income and Rent Overburden in Houma

The median gross income for households in Houma is $47,052 a year, or $3,921 a month. The median rent for the city is $762 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Houma, a household making less than $2,540 a month would be considered overburdened when renting an apartment at or above the median rent. 35.92% of households who rent are overburdened in Houma.

Area Median Income In Houma

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Houma, the AMI is calculated from all households within Terrebonne Parish.

In Houma, HUD calculates the Area Median Income for a family of four as $67,600

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Houma

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Houma

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Houma AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,250 $17,420 $21,960 $26,500 $31,040 $35,580 $40,120 $44,650
50% AMI Income Limits
Renters earning up to 50% of the Houma AMI may qualify for rental assistance programs that target Very Low Income households.
$23,700 $27,050 $30,450 $33,800 $36,550 $39,250 $41,950 $44,650
80% AMI Income Limits
Renters earning up to 80% of the Houma AMI may qualify for rental assistance programs that target Low Income households.
$37,900 $43,300 $48,700 $54,100 $58,450 $62,800 $67,100 $71,450