Low Income Apartments and Affordable Housing For Rent in Gun Barrel City, TX

Discover affordable housing in Gun Barrel City where there are 2+ 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.

Silver Leaf at Gun Barrel City

400 Church St, Gun Barrel City, Texas 75156

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible

Legendary Oaks II

300 Legendary Ln, Gun Barrel City, Texas 75147

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Gun Barrel City, 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: Feb 1
Open Until Further Notice

Reported On February 23rd, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Gun Barrel City, Texas
$19.24/hour
$11.99 (+165%) more than Texas minimum wage and $11.99 (+165%) more than the Federal minimum wage.
Learn More About Gun Barrel City, Texas Affordable Housing ↓

What HUD offices serve Gun Barrel City, 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 Gun Barrel City, Texas.

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

How many renters live in Gun Barrel City, Texas?

The City of Gun Barrel City has people living in households.

There are renters living in renter households in this City. Renters make up 12.68 percent of the population living in Gun Barrel City.

What is the rental market like in Gun Barrel City, Texas?

There are an estimated housing units in the Gun Barrel City area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Gun Barrel City, Texas, there are 1.11 rental units.

What is the vacancy rate for rentals in Gun Barrel City?

The rental vacancy rate in Gun Barrel City is 0 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 Gun Barrel City for each bedroom size?

Occupied Rental Units by Size in Gun Barrel City
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
10 28 238 46 0
Occupied Rental Units by Size in Gun Barrel City

A large number of apartments in Gun Barrel City 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 Gun Barrel City

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $781 to $1,491. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $781
One BR $808
Two BR $1,016
Three BR $1,346
Four BR $1,491
2024 Fair Market Rents in Gun Barrel City, Texas

How many units are rented at Fair Market Rent (FMR) in Gun Barrel City?

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 10 100 percent
One BR 4 14 percent
Two BR 135 57 percent
Rental Units Below FMR in Gun Barrel City, Texas

How many affordable rental units are in Gun Barrel City?

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

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

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

Income Based Apartments in Gun Barrel City, Texas

Gun Barrel City features 24 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 Gun Barrel City, Texas

There are 80 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Gun Barrel City.

Housing Choice Vouchers in Gun Barrel City, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Gun Barrel City, Texas for a two-bedroom apartment is between $914 and $1,118.

Sourced from federal housing data and AffordableHousingOnline.com research.

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