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

Discover affordable housing in Coldspring 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.

Hillside Terrace Apartments

100 Hillside Dr, Coldspring, Texas 77331

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Coldspring, Texas
$17.18/hour
$9.93 (+137%) more than Texas minimum wage and $9.93 (+137%) more than the Federal minimum wage.
Learn More About Coldspring, Texas Affordable Housing ↓

What HUD offices serve Coldspring, 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 Coldspring, Texas.

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

How many renters live in Coldspring, Texas?

The City of Coldspring has 1,221 people living in 483 households.

There are 371 renters living in 202 renter households in this City. Renters make up 30.38 percent of the population living in Coldspring.

What is the rental market like in Coldspring, Texas?

There are an estimated 554 housing units in the Coldspring area. Of these, 209 units are rental homes, making up 38 percent of the housing market. For every renter household in Coldspring, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Coldspring?

The rental vacancy rate in Coldspring is 3 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 Coldspring for each bedroom size?

Occupied Rental Units by Size in Coldspring
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
7 44 116 35 0
Occupied Rental Units by Size in Coldspring

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

Among renter households in this market, 35 percent have housing cost burden. Further, 11 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 Coldspring

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $706 to $1,208. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $706
One BR $808
Two BR $907
Three BR $1,203
Four BR $1,208
2024 Fair Market Rents in Coldspring, Texas

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

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 5 71 percent
One BR 21 48 percent
Two BR 91 78 percent
Rental Units Below FMR in Coldspring, Texas

How many affordable rental units are in Coldspring?

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

Federal Program Unit Count
Low Income Housing Tax Credit 48
Tracked Units by Federal Program in Coldspring, Texas

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

Income Based Apartments in Coldspring, Texas

Coldspring features 48 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 Coldspring, Texas

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

Housing Choice Vouchers in Coldspring, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Coldspring, Texas for a two-bedroom apartment is between $816 and $998.

Sourced from federal housing data and AffordableHousingOnline.com research.