Low Income Apartments and Affordable Housing For Rent in Howe, TX

Discover affordable housing in Howe where there are 4+ 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.

Glenbrook Apartments CO Texoma Mgmt Co

420 W Young St, Howe, Texas 75459

Glenbrook Apartments II

311 N Collins Fwy, Howe, Texas 75459

Westwood Manor Apartments

116 N Western Hills Dr, Howe, Texas 75459

306 W Duke St

306 W Duke St, Howe, Texas 75459

calendar_today Opened: May 9
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Howe, 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 Howe, Texas Affordable Housing ↓

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

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

How many renters live in Howe, Texas?

The City of Howe has 3,553 people living in 1,161 households.

There are 1,618 renters living in 546 renter households in this City. Renters make up 45.54 percent of the population living in Howe.

What is the rental market like in Howe, Texas?

There are an estimated 1,292 housing units in the Howe area. Of these, 546 units are rental homes, making up 42 percent of the housing market. For every renter household in Howe, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Howe?

The rental vacancy rate in Howe 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 Howe for each bedroom size?

Occupied Rental Units by Size in Howe
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
26 100 235 115 70
Occupied Rental Units by Size in Howe

A large number of apartments in Howe 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 Howe are overburdened by housing costs?

Among renter households in this market, 58 percent have housing cost burden. Further, 33 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 Howe

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 Howe, Texas

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

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 20 77 percent
One BR 79 79 percent
Two BR 146 62 percent
Rental Units Below FMR in Howe, Texas

How many affordable rental units are in Howe?

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

Federal Program Unit Count
Low Income Housing Tax Credit 39
Section 8 Project-Based Rental Assistance 40
USDA Section 515 Rural Rental Housing 48
Tracked Units by Federal Program in Howe, Texas

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

Income Based Apartments in Howe, Texas

Howe features 144 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 Howe, Texas

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Howe.

Housing Choice Vouchers in Howe, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Howe, Texas for a two-bedroom apartment is between $1,104 and $1,350.

Sourced from federal housing data and AffordableHousingOnline.com research.