Low Income Apartments and Affordable Housing For Rent in Colorado County, TX

Discover affordable housing in Colorado County where there are 6+ 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.

Courtwood Apartments

400 S Austin Rd, Eagle Lake, Texas 77434

Hillwood Apartments

308 N East St, Weimar, Texas 78962

Columbus Arms

1880 Highway 71 S, Columbus, Texas 78934

Oak Bluff Village

1513 Montezuma St, Columbus, Texas 78934

Gardenwalk of Weimer

303 N Smith St, Weimar, Texas 78962

3013 Place Apartments

100 Justin Way, Eagle Lake, Texas 77434

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Colorado County, Texas
$19.45/hour
$12.20 (+168%) more than Texas minimum wage and $12.20 (+168%) more than the Federal minimum wage.
Learn More About Colorado County, Texas Affordable Housing ↓

What HUD offices serve Colorado County, 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) programs for Colorado County, Texas.

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

How many renters live in Colorado County, Texas?

The County of Colorado County has 20,582 people living in 7,376 households.

There are 3,379 renters living in 1,315 renter households in this County. Renters make up 16.42 percent of the population living in Colorado County.

What is the rental market like in Colorado County, Texas?

There are an estimated 10,064 housing units in the Colorado County area. Of these, 1,644 units are rental homes, making up 16 percent of the housing market. For every renter household in Colorado County, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Colorado County?

The rental vacancy rate in Colorado County is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Colorado County for each bedroom size?

Occupied Rental Units by Size in Colorado County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
108 223 603 308 41
Occupied Rental Units by Size in Colorado County

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

Among renter households in this market, 20 percent have housing cost burden. Further, 9 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 Colorado County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $776 to $1,526. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $776
One BR $782
Two BR $1,027
Three BR $1,269
Four BR $1,526
2024 Fair Market Rents in Colorado County, Texas

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

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 108 100 percent
One BR 132 59 percent
Two BR 382 63 percent
Rental Units Below FMR in Colorado County, Texas

How many affordable rental units are in Colorado County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 174
Section 8 Project-Based Rental Assistance 88
USDA Section 515 Rural Rental Housing 158
Tracked Units by Federal Program in Colorado County, Texas

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

Income Based Apartments in Colorado County, Texas

Colorado County features 197 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 Colorado County, Texas

There are 16 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Colorado County.

Housing Choice Vouchers in Colorado County, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Colorado County, Texas for a two-bedroom apartment is between $924 and $1,130.

Sourced from federal housing data and AffordableHousingOnline.com research.