Low Income Apartments and Affordable Housing For Rent in Baylor County, TX

Discover affordable housing in Baylor County where there are 2+ 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.

Seniors

510 E Morris St, Seymour, Texas 76380

Crossroads Village

1100 N Kelly Dr, Seymour, Texas 76380

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

How many renters live in Baylor County, Texas?

The County of Baylor County has 3,475 people living in 1,477 households.

There are 893 renters living in 473 renter households in this County. Renters make up 25.7 percent of the population living in Baylor County.

What is the rental market like in Baylor County, Texas?

There are an estimated 2,203 housing units in the Baylor County area. Of these, 494 units are rental homes, making up 22 percent of the housing market. For every renter household in Baylor County, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Baylor County?

The rental vacancy rate in Baylor County is 4 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Baylor County for each bedroom size?

Occupied Rental Units by Size in Baylor County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 118 231 106 18
Occupied Rental Units by Size in Baylor County

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

Among renter households in this market, 38 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 Baylor County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $696 to $1,345. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $696
One BR $701
Two BR $905
Three BR $1,275
Four BR $1,345
2024 Fair Market Rents in Baylor County, Texas

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

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
One BR 112 95 percent
Two BR 180 78 percent
Rental Units Below FMR in Baylor County, Texas

How many affordable rental units are in Baylor County?

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

Federal Program Unit Count
Public Housing 176
USDA Section 515 Rural Rental Housing 40
Tracked Units by Federal Program in Baylor County, Texas

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

Income Based Apartments in Baylor County, Texas

Baylor County features 216 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 Baylor County, Texas

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

Housing Choice Vouchers in Baylor County, Texas

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.