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Affordable Housing In Lipscomb County

3 Low Income Apartment Communities In Lipscomb County

Booker Housing

303 Bluebonnet St And
Booker, Texas

Booker Housing IIi

5th Canna St
Booker, Texas

Blue West Apts

106 Birch St
Darrouzett, Texas
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Housing Authorities that serve Lipscomb County

Housing Authority Programs
Panhandle Community Services Section 8 Housing Choice Voucher (HCV); Veteran Affairs Supportive Housing (VASH)

Guide To Affordable Housing in Lipscomb County, Texas

There are 3 low income housing apartment communities offering 44 affordable apartments for rent in Lipscomb County, Texas.

Income Based Apartments in Lipscomb County, Texas

Lipscomb County features 36 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 Lipscomb County, Texas

There are 8 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lipscomb County.

Housing Choice Vouchers in Lipscomb County, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Lipscomb County, Texas for a two-bedroom apartment is between $643 and $785.

2020 Lipscomb 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 $529 $570 $714 $979 $1,006
Payment Standard Range $476 to $582 $513 to $627 $643 to $785 $881 to $1,077 $905 to $1,107

Sourced from federal housing data and research.

Lipscomb County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 44
Total Housing Units with Rental Assistance 36
Percentage of Housing Units Occupied By Renters 28.63%
Average Renter Household Size 2.91
Average Household Size 2.87
Median Household Income $63,125 ±$6,474
Median Rent $662 ±$59
Percentage Of Renters Overburdened 12.83% ± 6.27pp
Total Population 3,483

Population and Household Demographics

Lipscomb County is a county in Texas with a population of 3,483. There are 1,198 households in the county with an average household size of 2.87 persons. 28.63% of households in Lipscomb County are renters.

Income and Rent Overburden in Lipscomb County

The median gross income for households in Lipscomb County is $63,125 a year, or $5,260 a month. The median rent for the county is $662 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lipscomb County, a household making less than $2,207 a month would be considered overburdened when renting an apartment at or above the median rent. 12.83% of households who rent are overburdened in Lipscomb County.

Area Median Income In Lipscomb 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 Lipscomb County, HUD calculates the Area Median Income for a family of four as $77,000

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 Lipscomb 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 Lipscomb County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,200 $18,500 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $26,950 $30,800 $34,650 $38,500 $41,600 $44,700 $47,750 $50,850
80% of Median $43,150 $49,300 $55,450 $61,600 $66,550 $71,500 $76,400 $81,350

Cities In Lipscomb County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Booker The HUD funded Public Housing Agency that serves Booker is the Panhandle Community Services.
Darrouzett The HUD funded Public Housing Agency that serves Darrouzett is the Panhandle Community Services.
Follett The HUD funded Public Housing Agency that serves Follett is the Panhandle Community Services.
Higgins The HUD funded Public Housing Agency that serves Higgins is the Panhandle Community Services.
Lipscomb The HUD funded Public Housing Agency that serves Lipscomb is the Panhandle Community Services.