Affordable Housing In Galveston
Galveston County, Texas

21 Low Income Apartment Communities In Galveston

Villas on the Strand

1524 Ave B (The Strand)
Galveston, TX
Call For Rent
1-3 BR
HCV Welcome

Sandpiper Cove Apartments

3916 Winnie St
Galveston, TX
$707-1,342
1-5 BR
HCV Welcome

Champion Homes at Marina Landing

7302 Avenue P 1/2
Galveston, TX
HCV Welcome

Sandpiper Cove

3916 Winnie St
Galveston, TX
Subsidized

1910 Avenue N

1910 Avenue N
Galveston, TX
HCV Welcome

3418 Sealy

3418 Sealy St
Galveston, TX
HCV Welcome

Gulf Breeze

1211 21st St
Galveston, TX

Justine Apartments

503 21st St
Galveston, TX
HCV Welcome

L and M Apartments

5510 Avenue L
Galveston, TX
HCV Welcome

Magnolia Homes

1013 43rd St
Galveston, TX

Housing Authorities that serve Galveston

Housing Authority Programs
Galveston Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Galveston, Texas

There are 21 low income housing apartment communities offering 1,638 affordable apartments for rent in Galveston, Texas. Galveston features 643 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 995 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Galveston.

Sourced from federal housing data and AffordableHousingOnline.com research.

Galveston, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 21
Total Low Income Apartments 1,638
Total Housing Units with Rental Assistance 643
Percentage of Housing Units Occupied By Renters 56.33%
Average Renter Household Size 2.10
Average Household Size 2.23
Median Household Income $39,098 ±$2,861
Median Rent $846 ±$14
Percentage Of Renters Overburdened 51.82% ± 3.03pp
Total Population 48,971

Population and Household Demographics

Galveston is a City in Galveston County, Texas with a population of 48,971. There are 20,320 households in the city with an average household size of 2.23 persons. 56.33% of households in Galveston are renters.

Income and Rent Overburden in Galveston

The median gross income for households in Galveston is $39,098 a year, or $3,258 a month. The median rent for the city is $846 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Galveston, a household making less than $2,820 a month would be considered overburdened when renting an apartment at or above the median rent. 51.82% of households who rent are overburdened in Galveston.1

Area Median Income In Galveston

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Galveston, the AMI is calculated from all households within Galveston County.

In Galveston, HUD calculates the Area Median Income for a family of four as $76,300

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 Galveston

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 Galveston HUD Rental Assistance in Galveston

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,050 $18,350 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $26,750 $30,550 $34,350 $38,150 $41,250 $44,300 $47,350 $50,400
80% of Median $42,750 $48,850 $54,950 $61,050 $65,950 $70,850 $75,750 $80,600
Low Income Housing Tax Credits in Galveston

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

From 1987 to 1992, 15 low income apartment communities containing 1,027 rental apartments have been constructed and made affordable to low income persons in Galveston 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 Galveston

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $26,750 $30,550 $34,350 $38,150 $41,250 $44,300 $47,350 $50,400
60% of Median $32,100 $36,660 $41,220 $45,780 $49,500 $53,160 $56,820 $60,480

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 Galveston is $41,220 a year, or $3,435 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,435 by 30% to get a maximum rent of $1,031 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% $669 $716 $859 $993 $1,108 $1,222
60% $803 $860 $1,031 $1,191 $1,329 $1,466
Fair Market Rents in Galveston

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
$826 $908 $1,096 $1,485 $1,878