Low Income Apartments and Affordable Housing For Rent in Bedford, TX

Discover affordable housing in Bedford where there are 1+ 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.

Blessing Court

3100 Blessing Ct, Bedford, Texas 76021

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 Bedford, Texas
$30.63/hour
$23.38 (+322%) more than Texas minimum wage and $23.38 (+322%) more than the Federal minimum wage.
Learn More About Bedford, Texas Affordable Housing ↓

What HUD offices serve Bedford, 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 Bedford, Texas.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Bedford, Texas.

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

How many renters live in Bedford, Texas?

The City of Bedford has 49,455 people living in 20,459 households.

There are 19,947 renters living in 9,526 renter households in this City. Renters make up 40.33 percent of the population living in Bedford.

What is the rental market like in Bedford, Texas?

There are an estimated 21,632 housing units in the Bedford area. Of these, 10,113 units are rental homes, making up 47 percent of the housing market. For every renter household in Bedford, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Bedford?

The rental vacancy rate in Bedford is 5 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 Bedford for each bedroom size?

Occupied Rental Units by Size in Bedford
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
748 4,315 2,786 1,406 263
Occupied Rental Units by Size in Bedford

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

Among renter households in this market, 44 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 Bedford

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,266 to $2,615. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,266
One BR $1,384
Two BR $1,617
Three BR $2,144
Four BR $2,615
2024 Fair Market Rents in Bedford, Texas

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

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 411 55 percent
One BR 3,117 72 percent
Two BR 1,370 49 percent
Rental Units Below FMR in Bedford, Texas

How many affordable rental units are in Bedford?

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

Federal Program Unit Count
Low Income Housing Tax Credit 104
Section 8 Project-Based Rental Assistance 103
Tracked Units by Federal Program in Bedford, Texas

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

Income Based Apartments in Bedford, Texas

Bedford features 104 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 Bedford, Texas

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

Housing Choice Vouchers in Bedford, Texas

On average, Section 8 Housing Choice vouchers pay Bedford landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Bedford.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bedford, Texas for a two-bedroom apartment is between $1,455 and $1,779.

Sourced from federal housing data and AffordableHousingOnline.com research.