Affordable Housing In Hutchinson County
4 Low Income Apartment Communities In Hutchinson County
Housing Authorities that serve Hutchinson County
|Panhandle Community Services||Section 8 Housing Choice Voucher (HCV); Veteran Affairs Supportive Housing (VASH)|
Guide To Affordable Housing in Hutchinson County, Texas
There are 4 low income housing apartment communities offering 348 affordable apartments for rent in Hutchinson County, Texas.
Income Based Apartments in Hutchinson County, Texas
Hutchinson County features 252 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 Hutchinson County, Texas
There are 96 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hutchinson County.
Housing Choice Vouchers in Hutchinson County, Texas
On average, Section 8 Housing Choice vouchers pay Hutchinson County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Hutchinson County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Hutchinson County, Texas for a two-bedroom apartment is between $696 and $850.
2020 Hutchinson 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||$573||$587||$773||$997||$1,273|
|Payment Standard Range||$516 to $630||$528 to $646||$696 to $850||$897 to $1,097||$1,146 to $1,400|
Sourced from federal housing data and AffordableHousingOnline.com research.
Hutchinson County, TX Affordable Housing Snapshot
|Total Affordable Apartment Properties||4|
|Total Low Income Apartments||348|
|Total Housing Units with Rental Assistance||252|
|Percentage of Housing Units Occupied By Renters||23.23%|
|Average Renter Household Size||2.47|
|Average Household Size||2.62|
|Median Household Income||$49,353 ±$3,242|
|Median Rent||$694 ±$59|
|Percentage Of Renters Overburdened||33.63% ± 6.95pp|
Population and Household Demographics
Hutchinson County is a county in Texas with a population of 21,858. There are 8,297 households in the county with an average household size of 2.62 persons. 23.23% of households in Hutchinson County are renters.
Income and Rent Overburden in Hutchinson County
The median gross income for households in Hutchinson County is $49,353 a year, or $4,113 a month. The median rent for the county is $694 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hutchinson County, a household making less than $2,313 a month would be considered overburdened when renting an apartment at or above the median rent. 33.63% of households who rent are overburdened in Hutchinson County.
Area Median Income In Hutchinson 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 Hutchinson County, HUD calculates the Area Median Income for a family of four as $65,700
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 Hutchinson 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 Hutchinson County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$13,800||$17,240||$21,720||$26,200||$30,680||$35,160||$39,640||$43,400|
|50% of Median||$23,000||$26,300||$29,600||$32,850||$35,500||$38,150||$40,750||$43,400|
|80% of Median||$36,800||$42,050||$47,300||$52,550||$56,800||$61,000||$65,200||$69,400|
Cities In Hutchinson County
Select A City to View its Apartment Communities and Waiting Lists.
|Borger||The HUD funded Public Housing Agencies that serve Borger are the Housing Authority of Borger and Panhandle Community Services.|
|Fritch||The HUD funded Public Housing Agency that serves Fritch is the Panhandle Community Services.|
|Lake Meredith Estates||The HUD funded Public Housing Agency that serves Lake Meredith Estates is the Panhandle Community Services.|
|Sanford||The HUD funded Public Housing Agency that serves Sanford is the Panhandle Community Services.|
|Stinnett||The HUD funded Public Housing Agency that serves Stinnett is the Panhandle Community Services.|