Low Income Apartments and Affordable Housing For Rent in Grayson County, TX

Discover affordable housing in Grayson County where there are 156+ 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.

1712 S Hyde Park Ave

1712 S Hyde Park Ave, Denison, Texas 75020

bed 3
payment $1500/mo.

818 Dubois St

818 Dubois St, Denison, Texas 75020

bed 4
payment $1800/mo.

1430 W Shepherd St

1430 W Shepherd St, Denison, Texas 75020

bed 3
payment $1499/mo.

524 W Florence St

524 W Florence St, Denison, Texas 75020

bed 3
payment $1650/mo.

1607 W Elm St

1607 W Elm St, Denison, Texas 75020

bed 1
payment $1000/mo.

65 Mundt Dr Unit B

65 Mundt Dr Unit B, Denison, Texas 75020

bed 2
payment $995/mo.

215 W Murray St

215 W Murray St, Denison, Texas 75020

bed 3
payment $1425/mo.

1101 E Centennial St

1101 E Centennial St, Sherman, Texas 75090

bed 3
payment $1600/mo.

2308 N Woods St

2308 N Woods St, Sherman, Texas 75092

bed 4
payment $1650/mo.

1226 W Woodard St

1226 W Woodard St, Denison, Texas 75020

bed 3
payment $1600/mo.

1301 Bells Ave

1301 Bells Ave, Denison, Texas 75020

bed 3
payment $1599/mo.

1027 S Throckmorton St

1027 S Throckmorton St, Sherman, Texas 75090

bed 3
payment $1250/mo.

2020 S Branch St

2020 S Branch St, Sherman, Texas 75090

bed 2
payment $1200/mo.

920 W Collins St

920 W Collins St, Denison, Texas 75020

bed 4
payment $1800/mo.

120 E Monterey St

120 E Monterey St, Denison, Texas 75021

bed 2
payment $1000/mo.

820 Dubois St

820 Dubois St, Denison, Texas 75020

bed 4
payment $1775/mo.

415 E Day St

415 E Day St, Denison, Texas 75021

bed 3
payment $1400/mo.

1011 W Hull St

1011 W Hull St, Denison, Texas 75020

bed 3
payment $1345/mo.

410 S Mirick Ave Unit 410

410 S Mirick Ave Unit 410, Denison, Texas 75020

bed 3
payment $1425/mo.

1613 S Elm St

1613 S Elm St, Sherman, Texas 75090

bed 4
payment $1950/mo.

How To Identify Affordable Housing in Grayson County, 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.
calendar_today Opened: May 9
Open Until Further Notice
calendar_month

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Grayson County, Texas
$23.24/hour
$15.99 (+221%) more than Texas minimum wage and $15.99 (+221%) more than the Federal minimum wage.
Learn More About Grayson County, Texas Affordable Housing ↓

What HUD offices serve Grayson County, 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) programs for Grayson County, Texas.
Operates the Section 8 Housing Choice Voucher (HCV), Homeownership Voucher, Family Self-Sufficiency programs for Grayson County, Texas.

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

How many renters live in Grayson County, Texas?

The County of Grayson County has people living in households.

There are renters living in renter households in this County. Renters make up 29.57 percent of the population living in Grayson County.

What is the rental market like in Grayson County, Texas?

There are an estimated housing units in the Grayson County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Grayson County, Texas, there are 1.06 rental units.

What is the vacancy rate for rentals in Grayson County?

The rental vacancy rate in Grayson County is 4 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 Grayson County for each bedroom size?

Occupied Rental Units by Size in Grayson County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
619 3,450 6,721 5,375 855
Occupied Rental Units by Size in Grayson County

A large number of apartments in Grayson County 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 Grayson County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $897 to $2,082. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $897
One BR $1,045
Two BR $1,227
Three BR $1,678
Four BR $2,082
2024 Fair Market Rents in Grayson County, Texas

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

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 336 54 percent
One BR 2,668 77 percent
Two BR 3,854 57 percent
Rental Units Below FMR in Grayson County, Texas

How many affordable rental units are in Grayson County?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Grayson County, Texas

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

Income Based Apartments in Grayson County, Texas

Grayson County features 905 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 876 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 $1,104 and $1,350.

Sourced from federal housing data and AffordableHousingOnline.com research.

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