Low Income Apartments In Collin County
Texas

Low Income Apartments In Collin County

Saint James Manor Apartments

3119 Easter Ave
Dallas, TX
Income Based
1-4 BR
Subsidized

Woodside Village

703 Bumpas St
Mckinney, TX
Income Based
1-3 BR
Subsidized

Peoples El Shaddai Village

2836 E Overton Rd
Dallas, TX
Income Based
1-4 BR
Subsidized

Chaparral Townhomes

351 Chaparral Rd
Allen, TX
$793
2-4 BR
HCV Welcome
Market Rate

The Tuscany at Goldmark

13731 Goldmark Dr
Dallas, TX
1-2 BR
62+
Accessible
HCV Welcome

Villas of Mission Bend - Senior Living

1201 Medical Avenue
Plano, TX
1-2 BR
62+
Accessible
HCV Welcome

The Waterford at Goldmark

13695 Goldmark Dr
Dallas, TX
1-2 BR
62+
Accessible
HCV Welcome

Brandywine Apartments

500 Rockingham Dr
Richardson, TX
Income Based
1-2 BR
Subsidized

Woodlands of Plano Apartments

1370 Rigsbee Drive
Plano, TX
$695-919
1-3 BR

The Meadows Apartments

3826 Easton Meadows Dr
Garland, TX
$590-935
1-3 BR
HCV Welcome

There are 239 low income housing apartment complexes which contain 35,613 affordable apartments for rent in Collin County, Texas. Many of these rental apartments are income based housing with about 7,949 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 3,287 Project-Based Section 8 subsidized apartments in Collin County. There are 25,805 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 Collin County

Housing Authority Programs
McKinney Housing Authority - Public Housing Public Housing
Plano Housing Authority Section 8 Housing Choice Voucher; Public Housing; Veteran Affairs Supportive Housing
Housing Authority of Princeton Public Housing
Housing Authority of the City of Frisco Public Housing
Housing Authority of Farmersville Public Housing
Housing Authority of Royse City Public Housing
Garland Housing Authority Section 8 Housing Choice Voucher
McKinney Housing Authority - Section 8 Section 8 Housing Choice Voucher

Guide To Affordable Housing in Collin County, Texas

Collin County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 239
Total Low Income Apartments 35,613
Total Rent Assisted Apartments 7,949
Percentage of Housing Units Occupied By Renters 33.52%
Average Renter Household Size 2.41
Total Population 862,215
Housing Units 305,827
Average Household Size 2.81
Median Household Income $84,735 ±$1,217
Median Rent $1,119 ±$12
Percentage Of Renters Overburdened 40.29% ± 1.54pp

Population and Household Demographics

Collin County is a County in Texas with a population of 862,215. There are 305,827 households in the county with an average household size of 2.81 persons. 33.52% of households in Collin County are renters.

Income and Rent Overburden in Collin County

The median gross income for households in Collin County is $84,735 a year, or $7,061 a month. The median rent for the county is $1,119 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Collin County, a household making less than $3,730 a month would be considered overburdened when renting an apartment at or above the median rent. 40.29% of households who rent are overburdened in Collin County.1

Area Median Income In Collin 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 Collin County, HUD calculates the Area Median Income for a family of four as $77,200

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 Collin 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 Collin County HUD Rental Assistance in Collin County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,250 $18,550 $20,850 $25,100 $29,420 $33,740 $38,060 $42,380
50% of Median $27,050 $30,900 $34,750 $38,600 $41,700 $44,800 $47,900 $51,000
80% of Median $43,250 $49,400 $55,600 $61,750 $66,700 $71,650 $76,600 $81,550
Low Income Housing Tax Credits in Collin County

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

From 1987 to 2006, 35 low income apartment communities containing 5,704 rental apartments have been constructed and made affordable to low income persons in Collin County 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 Collin County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $32,460 $37,080 $41,700 $46,320 $50,040 $53,760 $57,480 $61,200

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 Collin County is $41,700 a year, or $3,475 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,475 by 30% to get a maximum rent of $1,043 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% $676 $724 $869 $1,004 $1,120 $1,236
60% $812 $869 $1,043 $1,205 $1,344 $1,484
Fair Market Rents in Collin 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
$836 $989 $1,201 $1,600 $2,080

Cities In Collin County

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

City Listings Served By
Garland 14 The HUD funded Public Housing Agency that serves Garland is the Garland Housing Authority.
Plano 14 The HUD funded Public Housing Agency that serves Plano is the Plano Housing Authority.
Mckinney 11 The HUD funded Public Housing Agency that serves Mckinney is the McKinney Housing Authority - Section 8.
Princeton 4 The HUD funded Public Housing Agency that serves Princeton is the Housing Authority of Princeton.
Carrollton 5
Melissa 0
Allen 1
Farmersville 4 The HUD funded Public Housing Agency that serves Farmersville is the Housing Authority of Farmersville.
Frisco 2 The HUD funded Public Housing Agency that serves Frisco is the Housing Authority of the City of Frisco.
Richardson 4
Wylie 1
Van Alstyne 2
Royse City 3 The HUD funded Public Housing Agency that serves Royse City is the Housing Authority of Royse City.
Murphy 0
Anna 0
Blue Ridge 0
Celina 1
Dallas 173
Fairview 0
Hebron 0
Josephine 0
Lavon 0
Lowry Crossing 0
Lucas 0
Nevada 0
New Hope 0
Parker 0
Prosper 0
Sachse 0
St. Paul 0
Westminster 0
Weston 0