Low Income Apartments and Affordable Housing For Rent in Fort Worth, TX

Discover affordable housing in Fort Worth where there are 136+ 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.

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 Fort Worth, 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 Fort Worth, Texas Affordable Housing ↓

What HUD offices serve Fort Worth, 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, Homeownership Voucher, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV), Mainstream Voucher, Rental Assistance Demonstration (RAD) programs for Fort Worth, Texas.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Section 8 Project-Based Voucher (PBV), Mainstream Voucher programs for Fort Worth, Texas.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Fort Worth, Texas.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Fort Worth, Texas.

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

How many renters live in Fort Worth, Texas?

The City of Fort Worth has 961,160 people living in 345,018 households.

There are 322,640 renters living in 138,803 renter households in this City. Renters make up 33.57 percent of the population living in Fort Worth.

What is the rental market like in Fort Worth, Texas?

There are an estimated 373,502 housing units in the Fort Worth area. Of these, 155,199 units are rental homes, making up 42 percent of the housing market. For every renter household in Fort Worth, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Fort Worth?

The rental vacancy rate in Fort Worth is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Fort Worth for each bedroom size?

Occupied Rental Units by Size in Fort Worth
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
6,786 41,137 51,082 30,040 8,979
Occupied Rental Units by Size in Fort Worth

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

Among renter households in this market, 55 percent have housing cost burden. Further, 27 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 Fort Worth

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 Fort Worth, Texas

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

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
Studio 3,681 54 percent
One BR 26,552 65 percent
Two BR 32,657 64 percent
Rental Units Below FMR in Fort Worth, Texas

How many affordable rental units are in Fort Worth?

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

Federal Program Unit Count
Low Income Housing Tax Credit 16,160
Public Housing 17
Section 8 Project-Based Rental Assistance 2,698
Mod Rehab Project-Based Rental Assistance 32
Section 202 Supportive Housing for the Elderly 373
Section 811 Supportive Housing for Persons with Disabilities 93
Tracked Units by Federal Program in Fort Worth, Texas

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

Income Based Apartments in Fort Worth, Texas

Fort Worth features 5,875 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 Fort Worth, Texas

There are 11,776 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fort Worth.

Housing Choice Vouchers in Fort Worth, Texas

On average, Section 8 Housing Choice vouchers pay Fort Worth landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Fort Worth.

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

Sourced from federal housing data and AffordableHousingOnline.com research.