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

Discover affordable housing in Kemp where there are 1+ 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.

400 N Main St

400 N Main St, Kemp, Texas 75143

calendar_today Opened: Jan 21
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 Kemp, Texas
$33.30/hour
$26.05 (+359%) more than Texas minimum wage and $26.05 (+359%) more than the Federal minimum wage.
Learn More About Kemp, Texas Affordable Housing ↓

What HUD offices serve Kemp, 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), Public Housing, Section 8 Project-Based Voucher (PBV), Mainstream Voucher programs for Kemp, Texas.

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

How many renters live in Kemp, Texas?

The City of Kemp has 1,419 people living in 511 households.

There are 467 renters living in 188 renter households in this City. Renters make up 32.91 percent of the population living in Kemp.

What is the rental market like in Kemp, Texas?

There are an estimated 628 housing units in the Kemp area. Of these, 217 units are rental homes, making up 35 percent of the housing market. For every renter household in Kemp, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Kemp?

The rental vacancy rate in Kemp is 13 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Kemp for each bedroom size?

Occupied Rental Units by Size in Kemp
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
5 52 28 97 6
Occupied Rental Units by Size in Kemp

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

Among renter households in this market, 44 percent have housing cost burden. Further, 15 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 Kemp

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,426 to $2,847. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,426
One BR $1,500
Two BR $1,758
Three BR $2,212
Four BR $2,847
2024 Fair Market Rents in Kemp, Texas

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

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 0 100 percent
One BR 52 100 percent
Two BR 28 100 percent
Rental Units Below FMR in Kemp, Texas

How many affordable rental units are in Kemp?

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

Federal Program Unit Count
Low Income Housing Tax Credit 48
Public Housing 58
Tracked Units by Federal Program in Kemp, Texas

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

Income Based Apartments in Kemp, Texas

Kemp features 58 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 Kemp, Texas

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Kemp.

Housing Choice Vouchers in Kemp, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Kemp, Texas for a two-bedroom apartment is between $1,582 and $1,934.

Sourced from federal housing data and AffordableHousingOnline.com research.