Low Income Apartments and Affordable Housing For Rent in Granbury, TX

Discover affordable housing in Granbury where there are 17+ 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.

Granbury Meadows Apartments

1201 N Meadows Dr, Granbury, Texas 76048

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Hill Court Villas

1111 Hill Blvd, Granbury, Texas 76048

bed 1-2
switch_access_shortcut Short Wait

Courtyard Apartments and Storage

905 Paluxy Rd, Granbury, Texas 76048

bed 2
payment $1315/mo.

4942 Blue Water Cir

4942 Blue Water Cir, Granbury, Texas 76049

bed 4
payment $1595/mo.

312 Kathy Ln

312 Kathy Ln, Granbury, Texas 76049

bed 3
payment $1475/mo.

3610 Mandy Dr

3610 Mandy Dr, Granbury, Texas 76048

bed 2
payment $1000/mo.

4014 Mountain Vista Dr

4014 Mountain Vista Dr, Granbury, Texas 76048

bed 3
payment $1475/mo.

940 Meadowlark Cir

940 Meadowlark Cir, Granbury, Texas 76049

bed 2
payment $1025/mo.

2904 James

2904 James, Granbury, Texas 76049

bed 3
payment $1595/mo.

3602 Mandy Dr

3602 Mandy Dr, Granbury, Texas 76048

bed 2
payment $1095/mo.

6227 N Oklahoma Trail

6227 N Oklahoma Trail, Granbury, Texas 76048

bed 3
payment $1450/mo.

2804 Saturn Dr

2804 Saturn Dr, Granbury, Texas 76049

bed 3
payment $1550/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

Granbury Heights

1705 W. Pearl Street, Granbury, Texas

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Cross Acres and Allen Meadows

104 E Rucker St, Granbury, Texas 76048

payment Subsidized

M538088, 1275 North Meadow Drive

1275 N Meadows Dr, Granbury, Texas 76048

M536270, 1300 North Meadow Drive

1300 N Meadows Dr, Granbury, Texas 76048

Anothony Lemaster

1200 N Meadows Dr, Granbury, Texas 76048

How To Identify Affordable Housing in Granbury, Texas

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Granbury, Texas
$25.47/hour
$18.22 (+251%) more than Texas minimum wage and $18.22 (+251%) more than the Federal minimum wage.
Learn More About Granbury, Texas Affordable Housing ↓

What HUD offices serve Granbury, 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 Public Housing programs for Granbury, Texas.

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

How many renters live in Granbury, Texas?

The City of Granbury has people living in households.

There are renters living in renter households in this City. Renters make up 38.33 percent of the population living in Granbury.

What is the rental market like in Granbury, Texas?

There are an estimated housing units in the Granbury area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Granbury, Texas, there are 1.22 rental units.

What is the vacancy rate for rentals in Granbury?

The rental vacancy rate in Granbury is 18 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 Granbury for each bedroom size?

Occupied Rental Units by Size in Granbury
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
51 948 784 316 41
Occupied Rental Units by Size in Granbury

A large number of apartments in Granbury have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Granbury

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $912 to $2,091. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $912
One BR $1,101
Two BR $1,345
Three BR $1,626
Four BR $2,091
2024 Fair Market Rents in Granbury, Texas

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

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 25 49 percent
One BR 421 44 percent
Two BR 321 41 percent
Rental Units Below FMR in Granbury, Texas

How many affordable rental units are in Granbury?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Granbury, Texas

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

Income Based Apartments in Granbury, Texas

Granbury features 206 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 Granbury, Texas

There are 111 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Granbury.

Housing Choice Vouchers in Granbury, Texas

On average, Section 8 Housing Choice vouchers pay Granbury landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Granbury.

The maximum amount a voucher would pay on behalf of a low-income tenant in Granbury, Texas for a two-bedroom apartment is between $1,211 and $1,480.

Sourced from federal housing data and AffordableHousingOnline.com research.

Email Signup
Don't Miss A Waiting List Opening