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

Discover affordable housing in Burnet County where there are 16+ 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.

Northgate Apartments

105 Northgate Circle, Burnet, Texas 78611

Rhomberg II Apartments

806 North Rhomberg, Burnet, Texas 78611

Rhomberg Apartments

806 N Rhomberg St, Burnet, Texas 78611

Highview Retirement Village Apartments

200 Highway 1431, Marble Falls, Texas 78654

Garden Gate Apartments

300 3rd St, Burnet, Texas 78611

Rivercrest Apartments

1102 Avenue K, Marble Falls, Texas 78654

Highland Oaks Apartments

1600 Mustang Dr, Marble Falls, Texas 78654

The Vista Apartments

1700 Mustang Dr, Marble Falls, Texas 78654

Alta Vista I and II

1001 Pecan Valley Dr, Marble Falls, Texas 78654

Creekside Apartments

103 N Hill St, Burnet, Texas 78611

Race Street Lofts

1110 Broadway St, Marble Falls, Texas 78654

League Street Manor

1008 E League St, Burnet, Texas

Marble Falls Housing Dev Cor

1106 Brazos, Marble Falls, Texas 78654

Texas

1508 5th St, Marble Falls, Texas 78654

Hamliton Creek Manor

805 S Water St, Burnet, Texas 78611

La Estancia II Apartments

Hamilton Valley Mgmt, Burnet, Texas 78611

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Burnet County, Texas
$21.55/hour
$14.30 (+197%) more than Texas minimum wage and $14.30 (+197%) more than the Federal minimum wage.
Learn More About Burnet County, Texas Affordable Housing ↓

How many renters live in Burnet County, Texas?

The County of Burnet County has 49,684 people living in 18,629 households.

There are 10,512 renters living in 3,841 renter households in this County. Renters make up 21.16 percent of the population living in Burnet County.

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

There are an estimated 23,802 housing units in the Burnet County area. Of these, 4,084 units are rental homes, making up 17 percent of the housing market. For every renter household in Burnet County, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Burnet County?

The rental vacancy rate in Burnet County is 2 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 Burnet County for each bedroom size?

Occupied Rental Units by Size in Burnet County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
130 486 1,216 1,773 207
Occupied Rental Units by Size in Burnet County

A large number of apartments in Burnet County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Burnet County are overburdened by housing costs?

Among renter households in this market, 38 percent have housing cost burden. Further, 13 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Burnet County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $879 to $1,637. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $879
One BR $885
Two BR $1,138
Three BR $1,604
Four BR $1,637
2024 Fair Market Rents in Burnet County, Texas

How many units are rented at Fair Market Rent (FMR) in Burnet 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 67 52 percent
One BR 272 56 percent
Two BR 652 54 percent
Rental Units Below FMR in Burnet County, Texas

How many affordable rental units are in Burnet County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 487
Public Housing 40
Section 8 Project-Based Rental Assistance 134
USDA Section 515 Rural Rental Housing 314
Tracked Units by Federal Program in Burnet County, Texas

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

Income Based Apartments in Burnet County, Texas

Burnet County features 322 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 Burnet County, Texas

There are 351 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Burnet County.

Housing Choice Vouchers in Burnet County, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Burnet County, Texas for a two-bedroom apartment is between $1,024 and $1,252.

Sourced from federal housing data and AffordableHousingOnline.com research.