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Affordable Housing In Grayson County
Texas

21 Low Income Apartment Communities In Grayson County

Villas of Sherman

1212 W Center St
Sherman, Texas
Call For Rent
1-2 BR
Accepts Vouchers
Accessible
Market Rate
62+

Parkdale Villas

4100 Parkdale Dr
Denison, Texas
$703-979
1-3 BR
Accepts Vouchers

Abbington Commons of Whitewright

285 E. Echols Lane
Whitewright, Texas
$289-1,067
1-4 BR
Accepts Vouchers

Abbington Junction of Pottsboro

601 TX-316 Spur
Pottsboro, Texas
Call For Rent
1-3 BR
Accepts Vouchers

Westwood Manor Apartments

116 N Western Hills Dr
Howe, Texas
Subsidized

Meadows of Wesley Village, The

2800 Loy Lake Rd
Denison, Texas
Subsidized
62+
Accessible
Elderly Supportive Housing

406 Grayson St

406 Grayson St
Pottsboro, Texas

Glenbrook Apartments CO Texoma Mgmt Co

420 W Young St
Howe, Texas
Subsidized

Glenbrook Apartments II

311 N Collins Fwy
Howe, Texas

104 S Donation St

104 S Donation St
Tioga, Texas

Housing Authorities that serve Grayson County

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

Guide To Affordable Housing in Grayson County, Texas

There are 21 low income housing apartment communities offering 1,543 affordable apartments for rent in Grayson County, Texas.

Income Based Apartments in Grayson County, Texas

Grayson County features 879 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 Grayson County, Texas

There are 664 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Grayson County.

Housing Choice Vouchers in Grayson County, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Grayson County, Texas for a two-bedroom apartment is between $824 and $1,007.

2020 Grayson 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 $631 $740 $915 $1,238 $1,383
Payment Standard Range $568 to $694 $666 to $814 $824 to $1,007 $1,114 to $1,362 $1,245 to $1,521

Sourced from federal housing data and AffordableHousingOnline.com research.

Grayson County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 21
Total Low Income Apartments 1,543
Total Housing Units with Rental Assistance 879
Percentage of Housing Units Occupied By Renters 33.09%
Average Renter Household Size 2.51
Average Household Size 2.55
Median Household Income $47,952 ±$1,896
Median Rent $780 ±$16
Percentage Of Renters Overburdened 41.15% ± 3.28pp
Total Population 122,780

Population and Household Demographics

Grayson County is a county in Texas with a population of 122,780. There are 47,215 households in the county with an average household size of 2.55 persons. 33.09% of households in Grayson County are renters.

Income and Rent Overburden in Grayson County

The median gross income for households in Grayson County is $47,952 a year, or $3,996 a month. The median rent for the county is $780 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Grayson County, a household making less than $2,600 a month would be considered overburdened when renting an apartment at or above the median rent. 41.15% of households who rent are overburdened in Grayson County.

Area Median Income In Grayson 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 Grayson County, HUD calculates the Area Median Income for a family of four as $76,000

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 Grayson 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 Grayson County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,300 $17,500 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $25,500 $29,150 $32,800 $36,400 $39,350 $42,250 $45,150 $48,050
80% of Median $40,800 $46,600 $52,450 $58,250 $62,950 $67,600 $72,250 $76,900

Cities In Grayson County

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

City Served By
Bells The HUD funded Public Housing Agencies that serve Bells are the Texoma Council of Governments and Housing Authority of Grayson County.
Collinsville The HUD funded Public Housing Agencies that serve Collinsville are the Texoma Council of Governments and Housing Authority of Grayson County.
Denison The HUD funded Public Housing Agencies that serve Denison are the Housing Authority of Denison, Housing Authority of Grayson County and Texoma Council of Governments.
Dorchester The HUD funded Public Housing Agencies that serve Dorchester are the Texoma Council of Governments and Housing Authority of Grayson County.
Gunter The HUD funded Public Housing Agencies that serve Gunter are the Texoma Council of Governments and Housing Authority of Grayson County.
Howe The HUD funded Public Housing Agencies that serve Howe are the Housing Authority of Grayson County and Texoma Council of Governments.
Knollwood The HUD funded Public Housing Agencies that serve Knollwood are the Texoma Council of Governments and Housing Authority of Grayson County.
Pottsboro The HUD funded Public Housing Agencies that serve Pottsboro are the Housing Authority of Grayson County and Texoma Council of Governments.
Preston The HUD funded Public Housing Agencies that serve Preston are the Texoma Council of Governments and Housing Authority of Grayson County.
Sadler The HUD funded Public Housing Agencies that serve Sadler are the Texoma Council of Governments and Housing Authority of Grayson County.
Sherman The HUD funded Public Housing Agencies that serve Sherman are the Housing Authority of Grayson County and Texoma Council of Governments.
Sherwood Shores The HUD funded Public Housing Agencies that serve Sherwood Shores are the Texoma Council of Governments and Housing Authority of Grayson County.
Southmayd The HUD funded Public Housing Agencies that serve Southmayd are the Texoma Council of Governments and Housing Authority of Grayson County.
Tioga The HUD funded Public Housing Agencies that serve Tioga are the Texoma Council of Governments and Housing Authority of Grayson County.
Tom Bean The HUD funded Public Housing Agencies that serve Tom Bean are the Housing Authority of Grayson County and Texoma Council of Governments.
Whitesboro The HUD funded Public Housing Agencies that serve Whitesboro are the Housing Authority of Whitesboro, Housing Authority of Grayson County and Texoma Council of Governments.