Affordable Housing In Limestone County
10 Low Income Apartment Communities In Limestone County
Guide To Affordable Housing in Limestone County, Texas
There are 10 low income housing apartment communities offering 633 affordable apartments for rent in Limestone County, Texas.
Income Based Apartments in Limestone County, Texas
Limestone County features 517 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 Limestone County, Texas
There are 116 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Limestone County.
Housing Choice Vouchers in Limestone County, Texas
On average, Section 8 Housing Choice vouchers pay Limestone County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Limestone County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Limestone County, Texas for a two-bedroom apartment is between $674 and $824.
2020 Limestone 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||$488||$578||$749||$933||$1,015|
|Payment Standard Range||$439 to $537||$520 to $636||$674 to $824||$840 to $1,026||$914 to $1,117|
Sourced from federal housing data and AffordableHousingOnline.com research.
Limestone County, TX Affordable Housing Snapshot
|Total Affordable Apartment Properties||10|
|Total Low Income Apartments||633|
|Total Housing Units with Rental Assistance||517|
|Percentage of Housing Units Occupied By Renters||25.54%|
|Average Renter Household Size||2.90|
|Average Household Size||2.77|
|Median Household Income||$37,554 ±$2,526|
|Median Rent||$674 ±$37|
|Percentage Of Renters Overburdened||44.7% ± 7.16pp|
Population and Household Demographics
Limestone County is a county in Texas with a population of 23,454. There are 8,084 households in the county with an average household size of 2.77 persons. 25.54% of households in Limestone County are renters.
Income and Rent Overburden in Limestone County
The median gross income for households in Limestone County is $37,554 a year, or $3,130 a month. The median rent for the county is $674 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Limestone County, a household making less than $2,247 a month would be considered overburdened when renting an apartment at or above the median rent. 44.7% of households who rent are overburdened in Limestone County.
Area Median Income In Limestone 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 Limestone County, HUD calculates the Area Median Income for a family of four as $54,100
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 Limestone 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 Limestone County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$12,760||$17,240||$21,720||$26,200||$30,680||$34,200||$36,550||$38,900|
|50% of Median||$20,650||$23,600||$26,550||$29,450||$31,850||$34,200||$36,550||$38,900|
|80% of Median||$33,000||$37,700||$42,400||$47,100||$50,900||$54,650||$58,450||$62,200|
Cities In Limestone County
Select A City to View its Apartment Communities and Waiting Lists.
|Coolidge||The HUD funded Public Housing Agency that serves Coolidge is the Housing Authority of Coolidge.|
|Groesbeck||The HUD funded Public Housing Agency that serves Groesbeck is the Housing Authority of Groesbeck.|
|Mexia||The HUD funded Public Housing Agency that serves Mexia is the Mexia Housing Authority.|