Affordable Housing In Lampasas County
Texas

5 Low Income Apartment Communities In Lampasas County

Housing Authorities that serve Lampasas County

Housing Authority	Programs
Central Texas Council of Governments	Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Lampasas County, Texas

There are 5 low income housing apartment communities offering 153 affordable apartments for rent in Lampasas County, Texas.

Income Based Apartments in Lampasas County, Texas

Lampasas County features 106 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 Lampasas County, Texas

There are 47 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lampasas County.

Housing Choice Vouchers in Lampasas County, Texas

On average, Section 8 Housing Choice vouchers pay Lampasas County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Lampasas County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lampasas County, Texas for a two-bedroom apartment is between $716 and $876.

2021 Lampasas 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
Lampasas County, Texas Fair Market Rent	$600	$604	$796	$1,112	$1,116
Lampasas County, Texas Payment Standard Range	$540 to $660	$544 to $664	$716 to $876	$1,001 to $1,223	$1,004 to $1,228

Sourced from federal housing data and AffordableHousingOnline.com research.

Lampasas County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties	5
Total Low Income Apartments	153
Total Housing Units with Rental Assistance	106
Percentage of Housing Units Occupied By Renters	27.26%
Average Renter Household Size	2.74
Average Household Size	2.66
Median Household Income	$49,630 ±$2,600
Median Rent	$772 ±$50
Percentage Of Renters Overburdened	39.2% ± 6.45pp
Total Population	20,219

Population and Household Demographics

Lampasas County is a county in Texas with a population of 20,219. There are 7,505 households in the county with an average household size of 2.66 persons. 27.26% of households in Lampasas County are renters.

Income and Rent Overburden in Lampasas County

The median gross income for households in Lampasas County is $49,630 a year, or $4,136 a month. The median rent for the county is $772 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lampasas County, a household making less than $2,573 a month would be considered overburdened when renting an apartment at or above the median rent. 39.2% of households who rent are overburdened in Lampasas County.

Area Median Income In Lampasas 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 Lampasas County, HUD calculates the Area Median Income for a family of four as $74,500

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 Lampasas 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 Lampasas County

	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30% AMI Income Limits Renters earning up to 30% of the Lampasas County AMI may qualify for rental assistance programs that target Extremely Low Income households.	$15,400	$17,600	$21,960	$26,500	$31,040	$35,580	$40,120	$44,660
50% AMI Income Limits Renters earning up to 50% of the Lampasas County AMI may qualify for rental assistance programs that target Very Low Income households.	$25,650	$29,300	$32,950	$36,600	$39,550	$42,500	$45,400	$48,350
80% AMI Income Limits Renters earning up to 80% of the Lampasas County AMI may qualify for rental assistance programs that target Low Income households.	$41,000	$46,850	$52,700	$58,550	$63,250	$67,950	$72,650	$77,300