Affordable Housing In College Station
6 Low Income Apartment Communities In College Station
Housing Authorities that serve College Station
|Brazos Valley Council of Governments||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in College Station, Texas
There are 6 low income housing apartment communities offering 598 affordable apartments for rent in College Station, Texas.
Income Based Apartments in College Station, Texas
College Station features 250 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 College Station, Texas
There are 348 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in College Station.
Housing Choice Vouchers in College Station, Texas
On average, Section 8 Housing Choice vouchers pay College Station landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in College Station.
The maximum amount a voucher would pay on behalf of a low-income tenant in College Station, Texas for a two-bedroom apartment is between $844 and $1,032.
2020 College Station, 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||$682||$791||$938||$1,353||$1,647|
|Payment Standard Range||$614 to $750||$712 to $870||$844 to $1,032||$1,218 to $1,488||$1,482 to $1,812|
Sourced from federal housing data and AffordableHousingOnline.com research.
College Station, TX Affordable Housing Snapshot
|Total Affordable Apartment Properties||6|
|Total Low Income Apartments||598|
|Total Housing Units with Rental Assistance||250|
|Percentage of Housing Units Occupied By Renters||64.9%|
|Average Renter Household Size||2.37|
|Average Household Size||2.50|
|Median Household Income||$34,186 ±$2,605|
|Median Rent||$904 ±$19|
|Percentage Of Renters Overburdened||63.73% ± 3.21pp|
Population and Household Demographics
College Station is a City in Brazos County, Texas with a population of 101,141. There are 36,175 households in the city with an average household size of 2.50 persons. 64.9% of households in College Station are renters.
Income and Rent Overburden in College Station
The median gross income for households in College Station is $34,186 a year, or $2,849 a month. The median rent for the city is $904 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In College Station, a household making less than $3,013 a month would be considered overburdened when renting an apartment at or above the median rent. 63.73% of households who rent are overburdened in College Station.1
Area Median Income In College Station
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 College Station, the AMI is calculated from all households within Brazos County.
In College Station, HUD calculates the Area Median Income for a family of four as $68,500
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 College Station
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 College Station
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$14,400||$16,910||$21,330||$25,750||$30,170||$34,590||$39,010||$43,430|
|50% of Median||$24,000||$27,400||$30,850||$34,250||$37,000||$39,750||$42,500||$45,250|
|80% of Median||$38,400||$43,850||$49,350||$54,800||$59,200||$63,600||$68,000||$72,350|