Low Income Apartments In Coleman County
Texas

Low Income Apartments In Coleman County

Hirise - Santa Fe

311 S Commercial Ave
Coleman, TX

Ha of Coleman

605 W 2nd St
Coleman, TX
Subsidized
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There are 2 low income housing apartment complexes which contain 143 affordable apartments for rent in Coleman County. Many of these rental apartments are income based housing with 143 apartments that set rent based on your income. In Coleman County, HUD housing programs support 0 rental assistance apartments through programs like Project-based Section 8. There are 0 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Other Housing Authorities located in Coleman County

Housing Authority Programs
Housing Authority of Santa Anna Public Housing
Housing Authority of Coleman Public Housing

Guide To Affordable Housing in Coleman County, Texas

Coleman County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 143
Total Rent Assisted Apartments 143
Percentage of Housing Units Occupied By Renters 31.72%
Average Renter Household Size 2.67
Total Population 8,536
Housing Units 3,405
Average Household Size 2.49
Median Household Income $35,156 ±$4,158
Median Rent $529 ±$61
Percentage Of Renters Overburdened 35.93% ± 8.1pp

Population and Household Demographics

Coleman County is a County in Texas with a population of 8,536. There are 3,405 households in the county with an average household size of 2.49 persons. 31.72% of households in Coleman County are renters.

Income and Rent Overburden in Coleman County

The median gross income for households in Coleman County is $35,156 a year, or $2,930 a month. The median rent for the county is $529 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Coleman County, a household making less than $1,763 a month would be considered overburdened when renting an apartment at or above the median rent. 35.93% of households who rent are overburdened in Coleman County.1

Area Median Income In Coleman County

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.

In Coleman County, HUD calculates the Area Median Income for a family of four as $50,000

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 Coleman County

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 Coleman County HUD Rental Assistance in Coleman County

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

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 Coleman County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $24,660 $28,200 $31,740 $35,220 $38,040 $40,860 $43,680 $46,500

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 Coleman County is $31,740 a year, or $2,645 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,645 by 30% to get a maximum rent of $794 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% $514 $551 $661 $763 $851 $939
60% $617 $661 $794 $916 $1,022 $1,127
Fair Market Rents in Coleman County

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
$526 $529 $700 $943 $946

Cities In Coleman County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Coleman 2 The HUD funded Public Housing Agency that serves Coleman is the Housing Authority of Coleman.
Novice 0
Santa Anna 0