Affordable Housing In Hays County
13 Low Income Apartment Communities In Hays County
Guide To Affordable Housing in Hays County, Texas
There are 13 low income housing apartment communities offering 1,179 affordable apartments for rent in Hays County, Texas.
Income Based Apartments in Hays County, Texas
Hays County features 65 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 Hays County, Texas
There are 1,074 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hays County.
Housing Choice Vouchers in Hays County, Texas
On average, Section 8 Housing Choice vouchers pay Hays County landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Hays County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Hays County, Texas for a two-bedroom apartment is between $1,220 and $1,492.
2020 Hays 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||$988||$1,134||$1,356||$1,763||$2,128|
|Payment Standard Range||$889 to $1,087||$1,021 to $1,247||$1,220 to $1,492||$1,587 to $1,939||$1,915 to $2,341|
Sourced from federal housing data and AffordableHousingOnline.com research.
Hays County, TX Affordable Housing Snapshot
|Total Affordable Apartment Properties||13|
|Total Low Income Apartments||1,179|
|Total Housing Units with Rental Assistance||65|
|Percentage of Housing Units Occupied By Renters||36.14%|
|Average Renter Household Size||2.56|
|Average Household Size||2.78|
|Median Household Income||$58,583 ±$2,124|
|Median Rent||$973 ±$16|
|Percentage Of Renters Overburdened||61.28% ± 3.22pp|
Population and Household Demographics
Hays County is a county in Texas with a population of 177,562. There are 61,360 households in the county with an average household size of 2.78 persons. 36.14% of households in Hays County are renters.
Income and Rent Overburden in Hays County
The median gross income for households in Hays County is $58,583 a year, or $4,882 a month. The median rent for the county is $973 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hays County, a household making less than $3,243 a month would be considered overburdened when renting an apartment at or above the median rent. 61.28% of households who rent are overburdened in Hays County.
Area Median Income In Hays 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 Hays County, HUD calculates the Area Median Income for a family of four as $97,600
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 Hays 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 Hays County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$20,550||$23,450||$26,400||$29,300||$31,650||$35,160||$39,640||$44,120|
|50% of Median||$34,200||$39,050||$43,950||$48,800||$52,750||$56,650||$60,550||$64,450|
|80% of Median||$54,700||$62,500||$70,300||$78,100||$84,350||$90,600||$96,850||$103,100|