Affordable Housing In Cactus
Moore County, Texas

Housing Authorities that serve Cactus

Housing Authority Programs
Panhandle Community Services Section 8 Housing Choice Voucher (HCV); Veteran Affairs Supportive Housing (VASH)

Guide To Affordable Housing in Cactus, Texas

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Cactus, Texas.

Income Based Apartments in Cactus, Texas

Cactus features 0 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 Cactus, Texas

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

Housing Choice Vouchers in Cactus, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Cactus, Texas for a two-bedroom apartment is between $677 and $827.

2020 Cactus, 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 $558 $591 $752 $945 $1,131
Payment Standard Range $502 to $614 $532 to $650 $677 to $827 $851 to $1,040 $1,018 to $1,244

Sourced from federal housing data and research.

Cactus, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 53.33%
Average Renter Household Size 3.26
Average Household Size 3.88
Median Household Income $40,825 ±$8,418
Median Rent $564 ±$64
Percentage Of Renters Overburdened 22.22% ± 13.49pp
Total Population 3,210

Population and Household Demographics

Cactus is a City in Moore County, Texas with a population of 3,210. There are 827 households in the city with an average household size of 3.88 persons. 53.33% of households in Cactus are renters.

Income and Rent Overburden in Cactus

The median gross income for households in Cactus is $40,825 a year, or $3,402 a month. The median rent for the city is $564 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Cactus, a household making less than $1,880 a month would be considered overburdened when renting an apartment at or above the median rent. 22.22% of households who rent are overburdened in Cactus.1

Area Median Income In Cactus

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Cactus, the AMI is calculated from all households within Moore County.

In Cactus, HUD calculates the Area Median Income for a family of four as $57,200

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 Cactus

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 Cactus

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $30,170 $34,050 $36,400 $38,750
50% of Median $20,550 $23,500 $26,450 $29,350 $31,700 $34,050 $36,400 $38,750
80% of Median $32,900 $37,600 $42,300 $46,950 $50,750 $54,500 $58,250 $62,000