Affordable Housing In Katy
Fort Bend County, Texas

7 Low Income Apartment Communities In Katy

Mason Senior Apartment Homes

2243 N Mason Rd
Katy, TX
Call For Rent
1-2 BR
Accepts Vouchers
55+

Millstone Apartments

23405 W Fernhurst Dr
Katy, TX
Call For Rent
1-3 BR
Accepts Vouchers

Trebah Village

19501 W Little York Rd
Katy, TX
Accepts Vouchers

Katy Manor Apartments

5360 E 5th St
Katy, TX
Accepts Vouchers

Villas of Park Grove

600 Park Grove Ln
Katy, TX
Accepts Vouchers

Pineview Terrace Apartments

Tallowpine Terrace Dr
Katy, TX
Accepts Vouchers

Providence Place Apartments

20300 Saums Rd
Katy, TX
Accepts Vouchers
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Housing Authorities that serve Katy

Housing Authority Programs
Texas Department of Housing and Community Affairs Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Katy, Texas

There are 7 low income housing apartment communities offering 989 affordable apartments for rent in Katy, Texas. Katy features 0 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 989 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Katy.

Sourced from federal housing data and AffordableHousingOnline.com research.

Katy, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 989
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 26.82%
Average Renter Household Size 2.30
Average Household Size 2.80
Median Household Income $70,526 ±$7,262
Median Rent $953 ±$144
Percentage Of Renters Overburdened 44.38% ± 21.31pp
Total Population 15,796

Population and Household Demographics

Katy is a City in Fort Bend County, Texas with a population of 15,796. There are 5,571 households in the city with an average household size of 2.80 persons. 26.82% of households in Katy are renters.

Income and Rent Overburden in Katy

The median gross income for households in Katy is $70,526 a year, or $5,877 a month. The median rent for the city is $953 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Katy, a household making less than $3,177 a month would be considered overburdened when renting an apartment at or above the median rent. 44.38% of households who rent are overburdened in Katy.1

Area Median Income In Katy

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Katy, the AMI is calculated from all households within Fort Bend County.

In Katy, HUD calculates the Area Median Income for a family of four as $76,300

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 Katy

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 Katy HUD Rental Assistance in Katy

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,050 $18,350 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $26,750 $30,550 $34,350 $38,150 $41,250 $44,300 $47,350 $50,400
80% of Median $42,750 $48,850 $54,950 $61,050 $65,950 $70,850 $75,750 $80,600
Fair Market Rents in Katy

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.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$826 $908 $1,096 $1,485 $1,878