Low Income Apartments and Affordable Housing For Rent in Balch Springs, TX

Discover affordable housing in Balch Springs 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.

3 Springs Apartments

4520 Ambassador Way, Balch Springs, Texas 75180

Villas of Hickory Estates

3211 Hickory Tree Rd, Balch Springs, Texas 75180

Spring Oaks Apartments

4317 Shepherd Ln, Balch Springs, Texas 75180

Timbers at Hickory Tree

3401 Hickory Tree Rd, Balch Springs, Texas 75180

Forestwood Apartment Homes

4011 S Beltine Rd, Balch Springs, Texas 75181

Parmore Arcadia Trails

1501 Mercury Rd, Balch Springs, Texas 75181

Peachtree Senior Living Apartments

11209 Rylie Crest Dr, Balch Springs, Texas 75180

Charles Haddock Manor

11900 Quail Dr, Balch Springs, Texas 75180

Hickory Village Apartments

3211 Hickory Tree Road, Balch Springs, Texas 75180

calendar_today Opened: Jan 21
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Balch Springs, Texas
$33.30/hour
$26.05 (+359%) more than Texas minimum wage and $26.05 (+359%) more than the Federal minimum wage.
Learn More About Balch Springs, Texas Affordable Housing ↓

What HUD offices serve Balch Springs, 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), Public Housing, Section 8 Project-Based Voucher (PBV), Mainstream Voucher programs for Balch Springs, Texas.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Balch Springs, Texas.
Operates the Section 8 Housing Choice Voucher (HCV), Homeownership Voucher, Family Self-Sufficiency programs for Balch Springs, Texas.

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

How many renters live in Balch Springs, Texas?

The City of Balch Springs has 27,322 people living in 8,201 households.

There are 9,559 renters living in 3,132 renter households in this City. Renters make up 34.99 percent of the population living in Balch Springs.

What is the rental market like in Balch Springs, Texas?

There are an estimated 8,865 housing units in the Balch Springs area. Of these, 3,452 units are rental homes, making up 39 percent of the housing market. For every renter household in Balch Springs, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Balch Springs?

The rental vacancy rate in Balch Springs 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 Balch Springs for each bedroom size?

Occupied Rental Units by Size in Balch Springs
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
125 766 970 955 237
Occupied Rental Units by Size in Balch Springs

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

Among renter households in this market, 52 percent have housing cost burden. Further, 21 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 Balch Springs

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,426 to $2,847. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,426
One BR $1,500
Two BR $1,758
Three BR $2,212
Four BR $2,847
2024 Fair Market Rents in Balch Springs, Texas

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

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 117 94 percent
One BR 758 99 percent
Two BR 834 86 percent
Rental Units Below FMR in Balch Springs, Texas

How many affordable rental units are in Balch Springs?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,025
Section 8 Project-Based Rental Assistance 24
Tracked Units by Federal Program in Balch Springs, Texas

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

Income Based Apartments in Balch Springs, Texas

Balch Springs features 168 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 Balch Springs, Texas

There are 1,145 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Balch Springs.

Housing Choice Vouchers in Balch Springs, Texas

On average, Section 8 Housing Choice vouchers pay Balch Springs landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Balch Springs.

The maximum amount a voucher would pay on behalf of a low-income tenant in Balch Springs, Texas for a two-bedroom apartment is between $1,582 and $1,934.

Sourced from federal housing data and AffordableHousingOnline.com research.