Affordable Housing In Austin
Travis County, Texas

132 Low Income Apartment Communities In Austin

Stassney Apartments

5600 Nancy Drive
Austin, TX
Accessible
Disabled Supportive Housing
Subsidized

Fourth Street Apartments

2402 S 4th Street
Austin, TX
Accessible
Disabled Supportive Housing
Subsidized

Manchaca Road Apartments

3810 Manchaca Rd
Austin, TX
Accessible
Disabled Supportive Housing
Subsidized

Goodrich Place

2126 Goodrich Avenue
Austin, TX
HCV Welcome

North Plaza Apartments

9125 North Plz
Austin, TX
Subsidized

Manor House

5905 Manor Rd
Austin, TX
Accessible
Disabled Supportive Housing
HCV Welcome
Subsidized

Springdale Gardens Apartments

3701 Oak Springs Dr
Austin, TX
Subsidized

Mosaic Housing Corporation IX

13122 Humphrey Dr
Austin, TX
Accessible
Disabled Supportive Housing
Subsidized

Rosemont at Oak Valley

2800 Collins Creek Drive
Austin, TX
HCV Welcome

Pecan Hills

13000 Hymeadow Dr
Austin, TX
Accessible
Disabled Supportive Housing
Subsidized

Housing Authorities that serve Austin

Housing Authority Programs
Housing Authority of the City of Austin Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-sufficiency

Other Housing Authorities located in Austin

Housing Authority Programs
Housing Authority of Travis County Section 8 Housing Choice Voucher (HCV); Public Housing
Texas Department of Housing and Community Affairs Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Austin, Texas

There are 132 low income housing apartment communities offering 16,192 affordable apartments for rent in Austin, Texas. Austin features 4,366 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 11,650 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Austin.

Sourced from federal housing data and AffordableHousingOnline.com research.

Austin, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 132
Total Low Income Apartments 16,192
Total Housing Units with Rental Assistance 4,366
Percentage of Housing Units Occupied By Renters 55.19%
Average Renter Household Size 2.31
Average Household Size 2.47
Median Household Income $57,689 ±$794
Median Rent $1,047 ±$8
Percentage Of Renters Overburdened 47.78% ± 0.98pp
Total Population 887,061

Population and Household Demographics

Austin is a City in Travis County, Texas with a population of 887,061. There are 351,195 households in the city with an average household size of 2.47 persons. 55.19% of households in Austin are renters.

Income and Rent Overburden in Austin

The median gross income for households in Austin is $57,689 a year, or $4,807 a month. The median rent for the city is $1,047 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Austin, a household making less than $3,490 a month would be considered overburdened when renting an apartment at or above the median rent. 47.78% of households who rent are overburdened in Austin.1

Area Median Income In Austin

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 Austin, the AMI is calculated from all households within Travis County.

In Austin, HUD calculates the Area Median Income for a family of four as $95,900

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 Austin

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 Austin HUD Rental Assistance in Austin

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $19,900 $22,750 $25,600 $28,400 $30,700 $34,590 $39,010 $43,430
50% of Median $33,150 $37,850 $42,600 $47,300 $51,100 $54,900 $58,700 $62,450
80% of Median $52,850 $60,400 $67,950 $75,500 $81,550 $87,600 $93,650 $99,700
Low Income Housing Tax Credits in Austin

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1987 to 2007, 74 low income apartment communities containing 7,481 rental apartments have been constructed and made affordable to low income persons in Austin by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Austin

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $33,150 $37,850 $42,600 $47,300 $51,100 $54,900 $58,700 $62,450
60% of Median $39,780 $45,420 $51,120 $56,760 $61,320 $65,880 $70,440 $74,940

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Austin is $51,120 a year, or $4,260 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $4,260 by 30% to get a maximum rent of $1,278 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $829 $888 $1,065 $1,230 $1,373 $1,514
60% $995 $1,065 $1,278 $1,476 $1,647 $1,817
Fair Market Rents in Austin

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$988 $1,134 $1,356 $1,763 $2,128