Affordable Housing In Erath County

8 Low Income Apartment Communities In Erath County

Stephenville Crossing

1300 W Hyman St
Stephenville, TX
Income Based
Studio-1 BR

Shamrock Apartments

1041 N. Patrick
Dublin, TX
Call For Rent
1 BR

Bunker Hill Senior Village

1801 W. Lingleville Road
Stephenville, TX
HCV Welcome

Shamrock Addition

801 Courtney Dr
Dublin, TX

Dublin Apartments

333 Highland Ave
Dublin, TX
HCV Welcome

109 E May St

109 E May St
Dublin, TX

Riverwalk Townhomes

1001 E Washington St
Stephenville, TX
HCV Welcome

201 N Railroad Ave

201 N Railroad Ave
Hico, TX
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Housing Authorities that serve Erath County

Housing Authority Programs
Texas Department of Housing and Community Affairs Section 8 Housing Choice Voucher (HCV)

Other Housing Authorities located in Erath County

Housing Authority Programs
Housing Authority of Dublin Public Housing; Section 8 Project-Based Rental Assistance (PBRA)

Guide To Affordable Housing in Erath County, Texas

According to federal housing data and research, there are 8 low income housing apartment communities offering 414 affordable apartments for rent in Erath County, Texas. Erath County features 270 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 144 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Erath County.

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
Total Population 40,039

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.1

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 $58,400

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 Erath County 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 $12,490 $16,910 $21,330 $25,750 $30,170 $34,050 $36,400 $38,750
50% of Median $20,550 $23,500 $26,450 $29,350 $31,700 $34,050 $36,400 $38,750
80% of Median $32,900 $37,600 $42,300 $46,950 $50,750 $54,500 $58,250 $62,000
Low Income Housing Tax Credits in Erath County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1988 to 2004, 4 low income apartment communities containing 168 rental apartments have been constructed and made affordable to low income persons in Erath County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Erath County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $20,550 $23,500 $26,450 $29,350 $31,700 $34,050 $36,400 $38,750
60% of Median $24,660 $28,200 $31,740 $35,220 $38,040 $40,860 $43,680 $46,500

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Erath County is $31,740 a year, or $2,645 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,645 by 30% to get a maximum rent of $794 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $514 $551 $661 $763 $851 $939
60% $617 $661 $794 $916 $1,022 $1,127
Fair Market Rents in Erath County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$650 $654 $790 $1,066 $1,070

Cities In Erath County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Stephenville 3 The HUD funded Public Housing Agency that serves Stephenville is the Texas Department of Housing and Community Affairs.
Dublin 4 The HUD funded Public Housing Agencies that serve Dublin are the Housing Authority of Dublin and Texas Department of Housing and Community Affairs.
Hico 1 The HUD funded Public Housing Agency that serves Hico is the Texas Department of Housing and Community Affairs.