Affordable Housing In Cooke County
8 Low Income Apartment Communities In Cooke County
Housing Authorities that serve Cooke County
|Gainesville Housing Authority||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Cooke County, Texas
There are 8 low income housing apartment communities offering 648 affordable apartments for rent in Cooke County, Texas.
Income Based Apartments in Cooke County, Texas
Cooke County features 504 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 Cooke County, Texas
There are 144 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cooke County.
Housing Choice Vouchers in Cooke County, Texas
On average, Section 8 Housing Choice vouchers pay Cooke County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Cooke County.
Sourced from federal housing data and AffordableHousingOnline.com research.
Cooke County, TX Affordable Housing Snapshot
|Total Affordable Apartment Properties||8|
|Total Low Income Apartments||648|
|Total Housing Units with Rental Assistance||504|
|Percentage of Housing Units Occupied By Renters||30.46%|
|Average Renter Household Size||2.60|
|Average Household Size||2.61|
|Median Household Income||$52,406 ±$3,128|
|Median Rent||$707 ±$34|
|Percentage Of Renters Overburdened||40.95% ± 5.23pp|
Population and Household Demographics
Cooke County is a County in Texas with a population of 38,761. There are 14,598 households in the county with an average household size of 2.61 persons. 30.46% of households in Cooke County are renters.
Income and Rent Overburden in Cooke County
The median gross income for households in Cooke County is $52,406 a year, or $4,367 a month. The median rent for the county is $707 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Cooke County, a household making less than $2,357 a month would be considered overburdened when renting an apartment at or above the median rent. 40.95% of households who rent are overburdened in Cooke County.1
Area Median Income In Cooke 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 Cooke County, HUD calculates the Area Median Income for a family of four as $73,400
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 Cooke 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 HUD Rental Assistance in Cooke County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$15,000||$17,150||$21,330||$25,750||$30,170||$34,590||$39,010||$43,430|
|50% of Median||$25,000||$28,600||$32,150||$35,700||$38,600||$41,450||$44,300||$47,150|
|80% of Median||$39,950||$45,650||$51,350||$57,050||$61,650||$66,200||$70,750||$75,350|
Cities In Cooke County
Select A City to View its Apartment Communities and Waiting Lists.
|Valley View||1||The HUD funded Public Housing Agency that serves Valley View is the Gainesville Housing Authority.|
|Gainesville||7||The HUD funded Public Housing Agency that serves Gainesville is the Gainesville Housing Authority.|
|Callisburg||0||The HUD funded Public Housing Agency that serves Callisburg is the Gainesville Housing Authority.|
|Lake Kiowa||0||The HUD funded Public Housing Agency that serves Lake Kiowa is the Gainesville Housing Authority.|
|Lindsay||0||The HUD funded Public Housing Agency that serves Lindsay is the Gainesville Housing Authority.|
|Muenster||0||The HUD funded Public Housing Agency that serves Muenster is the Gainesville Housing Authority.|
|Oak Ridge||0||The HUD funded Public Housing Agency that serves Oak Ridge is the Gainesville Housing Authority.|