Low Income Apartments and Affordable Housing For Rent in Ector, TX

Discover affordable housing in Ector where there are 1+ 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.

Pierson Place

106 S Red Bud St, Ector, Texas 75439

calendar_today Opened: May 9
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ector, Texas
$18.88/hour
$11.63 (+160%) more than Texas minimum wage and $11.63 (+160%) more than the Federal minimum wage.
Learn More About Ector, Texas Affordable Housing ↓

What HUD offices serve Ector, 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), Homeownership Voucher, Family Self-Sufficiency programs for Ector, Texas.

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

How many renters live in Ector, Texas?

The City of Ector has 920 people living in 317 households.

There are 532 renters living in 171 renter households in this City. Renters make up 57.83 percent of the population living in Ector.

What is the rental market like in Ector, Texas?

There are an estimated 343 housing units in the Ector area. Of these, 177 units are rental homes, making up 52 percent of the housing market. For every renter household in Ector, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Ector?

The rental vacancy rate in Ector is 0 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 Ector for each bedroom size?

Occupied Rental Units by Size in Ector
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 9 82 64 16
Occupied Rental Units by Size in Ector

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

Among renter households in this market, 37 percent have housing cost burden. Further, 12 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 Ector

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $754 to $1,665. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $754
One BR $759
Two BR $997
Three BR $1,405
Four BR $1,665
2024 Fair Market Rents in Ector, Texas

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

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
One BR 0 100 percent
Two BR 49 60 percent
Rental Units Below FMR in Ector, Texas

How many affordable rental units are in Ector?

Income Based Apartments in Ector, Texas

Ector features 10 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 Ector, Texas

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ector.

Housing Choice Vouchers in Ector, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Ector, Texas for a two-bedroom apartment is between $897 and $1,097.

Sourced from federal housing data and AffordableHousingOnline.com research.