Low Income Apartments and Affordable Housing For Rent in Forest Hill, TX

Discover affordable housing in Forest Hill 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.

Villas of Forest Hill

7415 Forest Hill Dr, Forest Hill, Texas 76140

calendar_today Opened: Jan 21
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 Forest Hill, Texas
$30.63/hour
$23.38 (+322%) more than Texas minimum wage and $23.38 (+322%) more than the Federal minimum wage.
Learn More About Forest Hill, Texas Affordable Housing ↓

What HUD offices serve Forest Hill, 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), Public Housing, Section 8 Project-Based Voucher (PBV), Mainstream Voucher programs for Forest Hill, Texas.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Forest Hill, Texas.

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

How many renters live in Forest Hill, Texas?

The City of Forest Hill has 13,810 people living in 4,123 households.

There are 4,089 renters living in 1,233 renter households in this City. Renters make up 29.61 percent of the population living in Forest Hill.

What is the rental market like in Forest Hill, Texas?

There are an estimated 4,379 housing units in the Forest Hill area. Of these, 1,233 units are rental homes, making up 28 percent of the housing market. For every renter household in Forest Hill, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Forest Hill?

The rental vacancy rate in Forest Hill 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 Forest Hill for each bedroom size?

Occupied Rental Units by Size in Forest Hill
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 53 104 772 304
Occupied Rental Units by Size in Forest Hill

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

Among renter households in this market, 62 percent have housing cost burden. Further, 32 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 Forest Hill

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,266 to $2,615. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,266
One BR $1,384
Two BR $1,617
Three BR $2,144
Four BR $2,615
2024 Fair Market Rents in Forest Hill, Texas

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

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 53 100 percent
Two BR 100 96 percent
Rental Units Below FMR in Forest Hill, Texas

How many affordable rental units are in Forest Hill?

There are a variety of federal affordable housing programs serving households in Forest Hill, Texas including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 78
Section 8 Project-Based Rental Assistance 1
Tracked Units by Federal Program in Forest Hill, Texas

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Forest Hill, Texas

Forest Hill features 0 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 Forest Hill, Texas

There are 100 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Forest Hill.

Housing Choice Vouchers in Forest Hill, Texas

On average, Section 8 Housing Choice vouchers pay Forest Hill landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Forest Hill.

The maximum amount a voucher would pay on behalf of a low-income tenant in Forest Hill, Texas for a two-bedroom apartment is between $1,455 and $1,779.

Sourced from federal housing data and AffordableHousingOnline.com research.