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

Discover affordable housing in Parker County where there are 15+ 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.

Azle Village

201 Las Bresas St, Azle, Texas 76020

Waterwood Apartments

500 E 7th St, Springtown, Texas 76082

Reno Plaza Apartments

7075 Lamar Rd, Reno, Texas 75462

Eagle Lake Gardens Apartments

1300 Village Garden Dr, Azle, Texas 76020

Park View Terrace

1301 Holland Lake Dr, Weatherford, Texas 76086

Regency Apartments

7080 Lamar Rd, Reno, Texas 75462

Meadow Vista

White Settlement Rd, Weatherford, Texas 76087

Azle Oaks I and II

700 Jarvis Ln, Azle, Texas 76020

Cypress View Villas

200 Atwood Ct, Weatherford, Texas 76086

Fox Hollow Townhomes

202 Sweetwater Dr, Weatherford, Texas 76086

Gateway Village Apartments

313 Gateway St, Azle, Texas 76020

Spring Garden V

1015 Marc Pl, Springtown, Texas 76082

Springtown Spring Garden Apts

500 Spring Garden Dr, Springtown, Texas

M - Rhd - Spring Garden - 2001

100 Senior Pl, Springtown, Texas 76082

M - Rental - 2000

101 Swan Ct, Springtown, Texas 76082

calendar_today Opened: Mar 22
Open Until Further Notice

Reported On February 23rd, 2024 by Vanea Gardner

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Parker County, Texas
$30.63/hour
$23.38 (+322%) more than Texas minimum wage and $23.38 (+322%) more than the Federal minimum wage.
Learn More About Parker County, Texas Affordable Housing ↓

What HUD offices serve Parker 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 Parker County, Texas.

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

How many renters live in Parker County, Texas?

The County of Parker County has 165,834 people living in 55,761 households.

There are 26,360 renters living in 10,479 renter households in this County. Renters make up 15.9 percent of the population living in Parker County.

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

There are an estimated 57,477 housing units in the Parker County area. Of these, 10,171 units are rental homes, making up 18 percent of the housing market. For every renter household in Parker County, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Parker County?

The rental vacancy rate in Parker County is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

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

Occupied Rental Units by Size in Parker County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
268 1,598 2,642 4,457 493
Occupied Rental Units by Size in Parker County

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

Among renter households in this market, 45 percent have housing cost burden. Further, 21 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 Parker County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,266 to $2,615. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,266
One BR $1,384
Two BR $1,617
Three BR $2,144
Four BR $2,615
2024 Fair Market Rents in Parker County, Texas

How many units are rented at Fair Market Rent (FMR) in Parker 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 120 45 percent
One BR 1,091 68 percent
Two BR 2,046 77 percent
Rental Units Below FMR in Parker County, Texas

How many affordable rental units are in Parker County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 412
Section 8 Project-Based Rental Assistance 76
Section 202 Supportive Housing for the Elderly 5
USDA Section 515 Rural Rental Housing 119
Tracked Units by Federal Program in Parker County, Texas

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

Income Based Apartments in Parker County, Texas

Parker County features 376 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 Parker County, Texas

There are 434 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Parker County.

Housing Choice Vouchers in Parker County, Texas

On average, Section 8 Housing Choice vouchers pay Parker County landlords $1,000 per month towards rent. The average voucher holder contributes $300 towards rent in Parker County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Parker County, Texas for a two-bedroom apartment is between $1,455 and $1,779.

Sourced from federal housing data and AffordableHousingOnline.com research.