Affordable Housing Online is monitoring the federal government's response to the coronavirus disease (COVID-19) outbreak. 

An extensive list of coronavirus resources for low-income households can be found here.

Affordable Housing In Coolidge
Limestone County, Texas

2 Low Income Apartment Communities In Coolidge

100 N 5th St

100 N 5th St
Coolidge, Texas

Coolidge Apartments

FM 73
Coolidge, Texas
  • «
  • 1
  • »

Housing Authorities that serve Coolidge

Housing Authority Programs
Housing Authority of Coolidge Public Housing

Guide To Affordable Housing in Coolidge, Texas

There are 2 low income housing apartment communities offering 36 affordable apartments for rent in Coolidge, Texas.

Income Based Apartments in Coolidge, Texas

Coolidge features 20 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 Coolidge, Texas

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

Housing Choice Vouchers in Coolidge, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Coolidge, Texas for a two-bedroom apartment is between $707 and $865.

2021 Coolidge, 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
Coolidge, Texas Fair Market Rent $519 $596 $786 $978 $1,066
Coolidge, Texas Payment Standard Range $467 to $571 $536 to $656 $707 to $865 $880 to $1,076 $959 to $1,173

Sourced from federal housing data and research.

Coolidge, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 36
Total Housing Units with Rental Assistance 20
Percentage of Housing Units Occupied By Renters 40.82%
Average Renter Household Size 2.74
Average Household Size 2.97
Median Household Income $29,861 ±$7,794
Median Rent $489 ±$156
Percentage Of Renters Overburdened 34% ± 26.5pp
Total Population 727

Population and Household Demographics

Coolidge is a city in Limestone County, Texas with a population of 727. There are 245 households in the city with an average household size of 2.97 persons. 40.82% of households in Coolidge are renters.

Income and Rent Overburden in Coolidge

The median gross income for households in Coolidge is $29,861 a year, or $2,488 a month. The median rent for the city is $489 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Coolidge, a household making less than $1,630 a month would be considered overburdened when renting an apartment at or above the median rent. 34% of households who rent are overburdened in Coolidge.

Area Median Income In Coolidge

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 Coolidge, the AMI is calculated from all households within Limestone County.

In Coolidge, HUD calculates the Area Median Income for a family of four as $55,000

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 Coolidge

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 Coolidge

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Coolidge AMI may qualify for rental assistance programs that target Extremely Low Income households.
$12,880 $17,420 $21,960 $26,500 $31,040 $35,350 $37,800 $40,200
50% AMI Income Limits
Renters earning up to 50% of the Coolidge AMI may qualify for rental assistance programs that target Very Low Income households.
$21,350 $24,400 $27,450 $30,450 $32,900 $35,350 $37,800 $40,200
80% AMI Income Limits
Renters earning up to 80% of the Coolidge AMI may qualify for rental assistance programs that target Low Income households.
$34,100 $39,000 $43,850 $48,700 $52,600 $56,500 $60,400 $64,300