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Affordable Housing In Fannin County
Texas

15 Low Income Apartment Communities In Fannin County

Katy Creek Retirement Village

401 Bicentennial
Bonham, Texas
Call For Rent
1-2 BR
Subsidized
62+

Pine Run Apartments

700 Piner St
Honey Grove, Texas
Call For Rent
1-2 BR

Bonham Apartments

1100 East 6th Street
Bonham, Texas
Call For Rent
1-2 BR

Bonham Village

1201 W 10th
Bonham, Texas
Call For Rent
2-3 BR

Pecan Place Apartments

1600 Pecan St
Bonham, Texas
Subsidized
62+
Accessible
Elderly Supportive Housing

Lancet Court Apartments

Hwy 69 W
Leonard, Texas

Waterford Apartments

1001 State Highway 160
Whitewright, Texas

Pierson Place

106 S Red Bud St
Ector, Texas

504 W Grand St

504 W Grand St
Whitewright, Texas

1203 Chinner St

1203 Chinner St
Bonham, Texas

Housing Authorities that serve Fannin County

Housing Authority Programs
Texoma Council of Governments Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-Sufficiency

Guide To Affordable Housing in Fannin County, Texas

There are 15 low income housing apartment communities offering 577 affordable apartments for rent in Fannin County, Texas.

Income Based Apartments in Fannin County, Texas

Fannin County features 408 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 Fannin County, Texas

There are 169 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fannin County.

Housing Choice Vouchers in Fannin County, Texas

On average, Section 8 Housing Choice vouchers pay Fannin County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Fannin County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Fannin County, Texas for a two-bedroom apartment is between $694 and $848.

2021 Fannin 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 $565 $585 $771 $1,089 $1,129
Payment Standard Range $509 to $622 $527 to $644 $694 to $848 $980 to $1,198 $1,016 to $1,242

Sourced from federal housing data and AffordableHousingOnline.com research.

Fannin County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 15
Total Low Income Apartments 577
Total Housing Units with Rental Assistance 408
Percentage of Housing Units Occupied By Renters 25.54%
Average Renter Household Size 2.68
Average Household Size 2.56
Median Household Income $44,071 ±$2,934
Median Rent $688 ±$35
Percentage Of Renters Overburdened 42.38% ± 6.17pp
Total Population 33,748

Population and Household Demographics

Fannin County is a county in Texas with a population of 33,748. There are 11,974 households in the county with an average household size of 2.56 persons. 25.54% of households in Fannin County are renters.

Income and Rent Overburden in Fannin County

The median gross income for households in Fannin County is $44,071 a year, or $3,673 a month. The median rent for the county is $688 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Fannin County, a household making less than $2,293 a month would be considered overburdened when renting an apartment at or above the median rent. 42.38% of households who rent are overburdened in Fannin County.

Area Median Income In Fannin 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 Fannin County, HUD calculates the Area Median Income for a family of four as $63,200

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 Fannin 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 Fannin 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 $39,200 $41,750
50% of Median $22,150 $25,300 $28,450 $31,600 $34,150 $36,700 $39,200 $41,750
80% of Median $35,400 $40,450 $45,500 $50,550 $54,600 $58,650 $62,700 $66,750

Cities In Fannin County

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

City Served By
Bailey The HUD funded Public Housing Agency that serves Bailey is the Texoma Council of Governments.
Bonham The HUD funded Public Housing Agencies that serve Bonham are the Housing Authority of Bonham and Texoma Council of Governments.
Dodd City The HUD funded Public Housing Agency that serves Dodd City is the Texoma Council of Governments.
Ector The HUD funded Public Housing Agency that serves Ector is the Texoma Council of Governments.
Honey Grove The HUD funded Public Housing Agency that serves Honey Grove is the Texoma Council of Governments.
Ladonia The HUD funded Public Housing Agency that serves Ladonia is the Texoma Council of Governments.
Leonard The HUD funded Public Housing Agencies that serve Leonard are the Housing Authority of City of Leonard and Texoma Council of Governments.
Ravenna The HUD funded Public Housing Agency that serves Ravenna is the Texoma Council of Governments.
Savoy The HUD funded Public Housing Agency that serves Savoy is the Texoma Council of Governments.
Trenton The HUD funded Public Housing Agency that serves Trenton is the Texoma Council of Governments.
Whitewright The HUD funded Public Housing Agency that serves Whitewright is the Texoma Council of Governments.
Windom The HUD funded Public Housing Agency that serves Windom is the Texoma Council of Governments.