Affordable Housing In Erath County
8 Low Income Apartment Communities In Erath County
Housing Authorities that serve Erath County
|Texas Department of Housing and Community Affairs||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Erath County, Texas
There are 8 low income housing apartment communities offering 414 affordable apartments for rent in Erath County, Texas.
Income Based Apartments in Erath County, Texas
Erath County features 270 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 Erath County, Texas
There are 144 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Erath County.
Housing Choice Vouchers in Erath County, Texas
On average, Section 8 Housing Choice vouchers pay Erath County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Erath County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Erath County, Texas for a two-bedroom apartment is between $711 and $869.
2020 Erath County, 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||$650||$654||$790||$1,066||$1,070|
|Payment Standard Range||$585 to $715||$589 to $719||$711 to $869||$959 to $1,173||$963 to $1,177|
Sourced from federal housing data and AffordableHousingOnline.com research.
Erath County, TX Affordable Housing Snapshot
|Total Affordable Apartment Properties||8|
|Total Low Income Apartments||414|
|Total Housing Units with Rental Assistance||270|
|Percentage of Housing Units Occupied By Renters||40.17%|
|Average Renter Household Size||2.60|
|Average Household Size||2.62|
|Median Household Income||$41,416 ±$1,503|
|Median Rent||$703 ±$41|
|Percentage Of Renters Overburdened||44.12% ± 5.33pp|
Population and Household Demographics
Erath County is a county in Texas with a population of 40,039. There are 14,572 households in the county with an average household size of 2.62 persons. 40.17% of households in Erath County are renters.
Income and Rent Overburden in Erath County
The median gross income for households in Erath County is $41,416 a year, or $3,451 a month. The median rent for the county is $703 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Erath County, a household making less than $2,343 a month would be considered overburdened when renting an apartment at or above the median rent. 44.12% of households who rent are overburdened in Erath County.
Area Median Income In Erath 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 Erath County, HUD calculates the Area Median Income for a family of four as $65,400
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 Erath 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 Erath County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$13,300||$17,240||$21,720||$26,200||$30,680||$35,160||$39,250||$41,800|
|50% of Median||$22,200||$25,350||$28,500||$31,650||$34,200||$36,750||$39,250||$41,800|
|80% of Median||$35,500||$40,550||$45,600||$50,650||$54,750||$58,800||$62,850||$66,900|
Cities In Erath County
Select A City to View its Apartment Communities and Waiting Lists.
|Dublin||The HUD funded Public Housing Agencies that serve Dublin are the Housing Authority of Dublin and Texas Department of Housing and Community Affairs.|
|Hico||The HUD funded Public Housing Agency that serves Hico is the Texas Department of Housing and Community Affairs.|
|Stephenville||The HUD funded Public Housing Agency that serves Stephenville is the Texas Department of Housing and Community Affairs.|