Low Income Apartments In Hopkins County
Texas

Low Income Apartments In Hopkins County

Trinity Oaks Apartments

600 Woodlawn St
Sulphur Springs, TX
Subsidized

303 Odom St

303 Odom St
Cumby, TX
Subsidized

M538090, 1000 South League Street

100 League
Sulphur Springs, TX
HCV Welcome

Shadowridge Apartments

1230 Jackson St N
Sulphur Springs, TX
Subsidized

Harrington Road 3

FM Harrington Rd
Sulphur Springs, TX
HCV Welcome

Heartland Village Apartments

749 Wildcat Way
Sulphur Springs, TX
HCV Welcome

604 and 606 Jefferson Street

604 Jefferson St E
Sulphur Springs, TX
HCV Welcome

820 Church Street

820 Church St
Sulphur Springs, TX
HCV Welcome

200 W Main St

200 W Main St
Cumby, TX

307 Carter

307 Carter St
Sulphur Springs, TX
HCV Welcome

There are 11 low income housing apartment complexes which contain 284 affordable apartments for rent in Hopkins County, Texas. Many of these rental apartments are income based housing with about 91 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 34 Project-Based Section 8 subsidized apartments in Hopkins County. There are 193 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Housing Authorities that serve Hopkins County

Housing Authority Programs
Ark-Tex Council of Governments Section 8 Housing Choice Voucher

Other Housing Authorities located in Hopkins County

Housing Authority Programs
Housing Authority of Como Public Housing
Housing Authority of Cumby Public Housing

Guide To Affordable Housing in Hopkins County, Texas

Hopkins County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 11
Total Low Income Apartments 284
Total Rent Assisted Apartments 91
Percentage of Housing Units Occupied By Renters 28.95%
Average Renter Household Size 2.67
Total Population 35,645
Housing Units 13,273
Average Household Size 2.65
Median Household Income $44,396 ±$2,791
Median Rent $676 ±$22
Percentage Of Renters Overburdened 41.64% ± 5.5pp

Population and Household Demographics

Hopkins County is a County in Texas with a population of 35,645. There are 13,273 households in the county with an average household size of 2.65 persons. 28.95% of households in Hopkins County are renters.

Income and Rent Overburden in Hopkins County

The median gross income for households in Hopkins County is $44,396 a year, or $3,700 a month. The median rent for the county is $676 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hopkins County, a household making less than $2,253 a month would be considered overburdened when renting an apartment at or above the median rent. 41.64% of households who rent are overburdened in Hopkins County.1

Area Median Income In Hopkins 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 Hopkins County, HUD calculates the Area Median Income for a family of four as $56,100

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 Hopkins 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 Hopkins County HUD Rental Assistance in Hopkins County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,140 $16,460 $20,780 $25,100 $29,420 $32,800 $35,050 $37,300
50% of Median $19,800 $22,600 $25,450 $28,250 $30,550 $32,800 $35,050 $37,300
80% of Median $31,650 $36,200 $40,700 $45,200 $48,850 $52,450 $56,050 $59,700
Low Income Housing Tax Credits in Hopkins County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1987 to 1991, 6 low income apartment communities containing 244 rental apartments have been constructed and made affordable to low income persons in Hopkins County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Hopkins County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $23,760 $27,120 $30,540 $33,900 $36,660 $39,360 $42,060 $44,760

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Hopkins County is $30,540 a year, or $2,545 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,545 by 30% to get a maximum rent of $764 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $495 $530 $636 $735 $820 $904
60% $594 $636 $764 $882 $984 $1,085
Fair Market Rents in Hopkins County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$560 $586 $745 $1,025 $1,176

Cities In Hopkins County

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

City Listings Served By
Sulphur Springs 9 The HUD funded Public Housing Agency that serves Sulphur Springs is the Ark-Tex Council of Governments.
Cumby 2 The HUD funded Public Housing Agencies that serve Cumby are the Housing Authority of Cumby and Ark-Tex Council of Governments.
Como 0 The HUD funded Public Housing Agency that serves Como is the Ark-Tex Council of Governments.
Tira 0 The HUD funded Public Housing Agency that serves Tira is the Ark-Tex Council of Governments.