Affordable Housing In Commerce
Hunt County, Texas

3 Low Income Apartment Communities In Commerce

Oak Meadows Townhomes

200 Maple St
Commerce, TX
1-3 BR
Accepts Vouchers

Crosswinds Apartments

200 Methodist Dr
Commerce, TX

Churchill at Commerce

731 Culver St
Commerce, TX
Accepts Vouchers
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Housing Authorities that serve Commerce

Housing Authority Programs
Housing Authority of Commerce Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Commerce, Texas

There are 3 low income housing apartment communities offering 212 affordable apartments for rent in Commerce, Texas.

Income Based Apartments in Commerce, Texas

Commerce features 40 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 Commerce, Texas

There are 172 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Commerce.

Housing Choice Vouchers in Commerce, Texas

On average, Section 8 Housing Choice vouchers pay Commerce landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Commerce.

The maximum amount a voucher would pay on behalf of a low-income tenant in Commerce, Texas for a two-bedroom apartment is between $1,183 and $1,445.

2020 Commerce, 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 $957 $1,093 $1,314 $1,727 $2,262
Payment Standard Range $861 to $1,053 $984 to $1,202 $1,183 to $1,445 $1,554 to $1,900 $2,036 to $2,488

Sourced from federal housing data and research.

Commerce, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 212
Total Housing Units with Rental Assistance 40
Percentage of Housing Units Occupied By Renters 58.52%
Average Renter Household Size 2.53
Average Household Size 2.53
Median Household Income $21,836 ±$4,863
Median Rent $760 ±$76
Percentage Of Renters Overburdened 60.3% ± 10.01pp
Total Population 8,558

Population and Household Demographics

Commerce is a City in Hunt County, Texas with a population of 8,558. There are 2,712 households in the city with an average household size of 2.53 persons. 58.52% of households in Commerce are renters.

Income and Rent Overburden in Commerce

The median gross income for households in Commerce is $21,836 a year, or $1,820 a month. The median rent for the city is $760 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Commerce, a household making less than $2,533 a month would be considered overburdened when renting an apartment at or above the median rent. 60.3% of households who rent are overburdened in Commerce.1

Area Median Income In Commerce

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 Commerce, the AMI is calculated from all households within Hunt County.

In Commerce, HUD calculates the Area Median Income for a family of four as $83,100

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 Commerce

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 Commerce HUD Rental Assistance in Commerce

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $17,500 $20,000 $22,500 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $29,100 $33,250 $37,400 $41,550 $44,900 $48,200 $51,550 $54,850
80% of Median $46,550 $53,200 $59,850 $66,500 $71,850 $77,150 $82,500 $87,800