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

Discover affordable housing in Wise County where there are 14+ 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.

Henderson Terrace

1205 Henderson St, Bridgeport, Texas 76426

Eagles Ridge Terrace

1500 S State St, Decatur, Texas 76234

Estates of Bridgeport Phase III

316 Cuba Rd, Bridgeport, Texas 76426

Legacy Trails of Decatur

227 Buchanan Rd., Decatur, Texas 76234

Rhome Apartments Ltd

175 W Logan St, Rhome, Texas 76078

Quail Run Apartments

1906 S College Ave, Decatur, Texas 76234

Rhome Apartments

175 Lange Way, Rhome, Texas 76078

Boyd South

400 S Allen St, Boyd, Texas 76023

Affordable Housing of Parker County Inc

Bridgeport Phase Ii, Bridgeport, Texas 76426

Hillside Homes

600 N Cowan St, Decatur, Texas 76234

Butterfield Courts

1508 Cobb St, Bridgeport, Texas 76426

M - Rhd - Affordable Housing of Parker Count

317 Cuba Rd, Bridgeport, Texas 76426

Henderson Terrace Apartments ( Fka Crestwood P )

1205A Henderson St, Bridgeport, Texas 76426

Hilltop Apartments

91 Logan St, Rhome, Texas 0

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Wise County, Texas
$22.25/hour
$15.00 (+207%) more than Texas minimum wage and $15.00 (+207%) more than the Federal minimum wage.
Learn More About Wise County, Texas Affordable Housing ↓

What HUD offices serve Wise County, 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 Wise County, Texas.

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

How many renters live in Wise County, Texas?

The County of Wise County has 74,895 people living in 25,430 households.

There are 10,891 renters living in 4,219 renter households in this County. Renters make up 14.54 percent of the population living in Wise County.

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

There are an estimated 26,786 housing units in the Wise County area. Of these, 4,718 units are rental homes, making up 18 percent of the housing market. For every renter household in Wise County, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Wise County?

The rental vacancy rate in Wise County is 6 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 Wise County for each bedroom size?

Occupied Rental Units by Size in Wise County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
136 440 1,274 2,235 274
Occupied Rental Units by Size in Wise County

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

Among renter households in this market, 40 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 Wise County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $946 to $1,800. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $946
One BR $1,047
Two BR $1,175
Three BR $1,656
Four BR $1,800
2024 Fair Market Rents in Wise County, Texas

How many units are rented at Fair Market Rent (FMR) in Wise 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 112 82 percent
One BR 302 69 percent
Two BR 785 62 percent
Rental Units Below FMR in Wise County, Texas

How many affordable rental units are in Wise County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 178
Public Housing 48
Section 8 Project-Based Rental Assistance 16
Section 202 Supportive Housing for the Elderly 5
USDA Section 515 Rural Rental Housing 210
Tracked Units by Federal Program in Wise County, Texas

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

Income Based Apartments in Wise County, Texas

Wise County features 276 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 Wise County, Texas

There are 148 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wise County.

Housing Choice Vouchers in Wise County, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Wise County, Texas for a two-bedroom apartment is between $1,058 and $1,293.

Sourced from federal housing data and AffordableHousingOnline.com research.