Affordable Housing In Cedar Park
Williamson County Texas

Cedar Park city limits extend into  Travis County and  Williamson County.

5 Low Income Apartment Communities In Cedar Park

Whitestone Apartments

601 Doris Ln
Cedar Park, TX
Call For Rent
2-3 BR
HCV Welcome

Cypress Creek at Lakeline Apartments

2101 S Lakeline Blvd
Cedar Park, TX
HCV Welcome

The Ranch at Cedar Park

1301 W Whitestone Blvd
Cedar Park, TX
HCV Welcome

Tamaric Apartments

1507 Cedar Park Dr
Cedar Park, TX
HCV Welcome

Cedar Park Townhomes

400 E Cypress Creek Rd
Cedar Park, TX
HCV Welcome
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There are 5 low income housing apartment complexes which contain 748 affordable apartments for rent in Cedar Park. Many of these rental apartments are income based housing with 0 apartments that set rent based on your income. In Cedar Park, HUD housing programs support 0 rental assistance apartments through programs like Project-based Section 8. There are 748 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Cedar Park

Housing Authority Programs
Housing Authority of Travis County Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Cedar Park, Texas

Cedar Park, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 748
Total Rent Assisted Apartments 0
Percentage of Housing Units Occupied By Renters 31.66%
Average Renter Household Size 2.48
Total Population 60,841
Housing Units 19,891
Average Household Size 3.05
Median Household Income $82,311 ±$3,082
Median Rent $1,122 ±$49
Percentage Of Renters Overburdened 41.85% ± 5.57pp

Population and Household Demographics

Cedar Park is a City in Williamson County, Texas with a population of 60,841. There are 19,891 households in the city with an average household size of 3.05 persons. 31.66% of households in Cedar Park are renters.

Income and Rent Overburden in Cedar Park

The median gross income for households in Cedar Park is $82,311 a year, or $6,859 a month. The median rent for the city is $1,122 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Cedar Park, a household making less than $3,740 a month would be considered overburdened when renting an apartment at or above the median rent. 41.85% of households who rent are overburdened in Cedar Park.1

Area Median Income In Cedar Park

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 Cedar Park, the AMI is calculated from all households within Williamson County.

In Cedar Park, 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 Cedar Park

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 Cedar Park HUD Rental Assistance in Cedar Park

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
Low Income Housing Tax Credits in Cedar Park

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1997 to 2004, 4 low income apartment communities containing 572 rental apartments have been constructed and made affordable to low income persons in Cedar Park by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Cedar Park

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $39,780 $45,420 $51,120 $56,760 $61,320 $65,880 $70,440 $74,940

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Cedar Park is $51,120 a year, or $4,260 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $4,260 by 30% to get a maximum rent of $1,278 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $829 $888 $1,065 $1,230 $1,373 $1,514
60% $995 $1,065 $1,278 $1,476 $1,647 $1,817
Fair Market Rents in Cedar Park

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$931 $1,086 $1,315 $1,734 $2,099