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

Find 1 low-income apartments and rental assistance options in Buna, TX – including subsidized, public, senior, HUD, and other government housing programs.

Walnut Turn Apartments

48 Walnut Turn, Buna, Texas 77612

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Buna, Texas
$18.84/hour
$11.59 (+160%) more than Texas minimum wage and $11.59 (+160%) more than the Federal minimum wage.
Learn More About Buna, Texas Affordable Housing ↓

What HUD offices serve Buna, 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), Homeownership Voucher, Family Self-Sufficiency programs for Buna, Texas.

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

How many renters live in Buna, Texas?

The City of Buna has 1,908 people living in 820 households.

There are 413 renters living in 176 renter households in this City. Renters make up 21.65 percent of the population living in Buna.

What is the rental market like in Buna, Texas?

There are an estimated 933 housing units in the Buna area. Of these, 201 units are rental homes, making up 22 percent of the housing market. For every renter household in Buna, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Buna?

The rental vacancy rate in Buna is 12 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 Buna for each bedroom size?

Occupied Rental Units by Size in Buna
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 122 37 17 0
Occupied Rental Units by Size in Buna

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

Among renter households in this market, 16 percent have housing cost burden. Further, 0 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 Buna

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $775 to $1,325. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $775
One BR $789
Two BR $995
Three BR $1,275
Four BR $1,325
2024 Fair Market Rents in Buna, Texas

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

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 51 42 percent
Two BR 29 78 percent
Rental Units Below FMR in Buna, Texas

How many affordable rental units are in Buna?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Buna, Texas

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

Income Based Apartments in Buna, Texas

Buna features 24 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 Buna, Texas

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

Housing Choice Vouchers in Buna, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Buna, Texas for a two-bedroom apartment is between $896 and $1,095.

Sourced from federal housing data and AffordableHousingOnline.com research.