Affordable Housing In Bastrop County
15 Low Income Apartment Communities In Bastrop County
Guide To Affordable Housing in Bastrop County, Texas
There are 15 low income housing apartment communities offering 688 affordable apartments for rent in Bastrop County, Texas.
Income Based Apartments in Bastrop County, Texas
Bastrop County features 314 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 Bastrop County, Texas
There are 374 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bastrop County.
Housing Choice Vouchers in Bastrop County, Texas
On average, Section 8 Housing Choice vouchers pay Bastrop County landlords $1,200 per month towards rent. The average voucher holder contributes $400 towards rent in Bastrop County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Bastrop County, Texas for a two-bedroom apartment is between $1,220 and $1,492.
2020 Bastrop County, Texas 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|
|Fair Market Rent||$988||$1,134||$1,356||$1,763||$2,128|
|Payment Standard Range||$889 to $1,087||$1,021 to $1,247||$1,220 to $1,492||$1,587 to $1,939||$1,915 to $2,341|
Sourced from federal housing data and AffordableHousingOnline.com research.
Bastrop County, TX Affordable Housing Snapshot
|Total Affordable Apartment Properties||15|
|Total Low Income Apartments||688|
|Total Housing Units with Rental Assistance||314|
|Percentage of Housing Units Occupied By Renters||21.92%|
|Average Renter Household Size||2.91|
|Average Household Size||2.94|
|Median Household Income||$54,821 ±$2,362|
|Median Rent||$917 ±$56|
|Percentage Of Renters Overburdened||38.42% ± 5.61pp|
Population and Household Demographics
Bastrop County is a county in Texas with a population of 76,948. There are 25,454 households in the county with an average household size of 2.94 persons. 21.92% of households in Bastrop County are renters.
Income and Rent Overburden in Bastrop County
The median gross income for households in Bastrop County is $54,821 a year, or $4,568 a month. The median rent for the county is $917 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bastrop County, a household making less than $3,057 a month would be considered overburdened when renting an apartment at or above the median rent. 38.42% of households who rent are overburdened in Bastrop County.
Area Median Income In Bastrop County
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.
In Bastrop County, 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 Bastrop County
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 Bastrop County
|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|
Cities In Bastrop County
Select A City to View its Apartment Communities and Waiting Lists.
|Bastrop||The HUD funded Public Housing Agency that serves Bastrop is the Bastrop Housing Authority.|
|Circle D KC Estates|
|Circle D-KC Estates|
|Elgin||The HUD funded Public Housing Agency that serves Elgin is the Elgin Housing Authority.|
|Smithville||The HUD funded Public Housing Agency that serves Smithville is the Smithville Housing Authority.|