Low Income Apartments In Lubbock
Lubbock County, Texas

Low Income Apartments In Lubbock

Parkview Place

6402 Hartford Ave
Lubbock, TX
Income Based
1 BR

Reserves at South Plains

2011 98th Street
Lubbock, TX
Income Based
2-3 BR
HCV Welcome

Emory Senior Living Apartments

500 N Martin Luther King Blvd
Lubbock, TX
1-2 BR
HCV Welcome

Cricket Court Apartments

1102 58th St
Lubbock, TX
1-3 BR

Stonebridge at Ironton

7010 Ironton Ave
Lubbock, TX
1-3 BR
HCV Welcome

The Vineyards at Monterey

9410 Milwaukee Ave
Lubbock, TX
1-3 BR
HCV Welcome

Silver Village

5401 54th St
Lubbock, TX
1-2 BR

Garden Apartments

1340 65th Dr
Lubbock, TX

Cornerstone Homes

222 Redbud Ave
Lubbock, TX

Casa Orlando

1810 3rd St
Lubbock, TX

There are 23 low income housing apartment complexes which contain 2,653 affordable apartments for rent in Lubbock, Texas. Many of these rental apartments are income based housing with about 1,261 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 860 Project-Based Section 8 subsidized apartments in Lubbock. There are 1,392 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Housing Authorities that serve Lubbock

Housing Authority Programs
Housing Authority of Lubbock Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-sufficiency; Veteran Affairs Supportive Housing (VASH); Mainstream Voucher

Guide To Affordable Housing in Lubbock, Texas

Lubbock, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 23
Total Low Income Apartments 2,653
Total Rent Assisted Apartments 1,261
Percentage of Housing Units Occupied By Renters 46.98%
Average Renter Household Size 2.40
Total Population 240,719
Housing Units 90,433
Average Household Size 2.54
Median Household Income $44,648 ±$993
Median Rent $823 ±$15
Percentage Of Renters Overburdened 51.24% ± 2.23pp

Population and Household Demographics

Lubbock is a City in Lubbock County, Texas with a population of 240,719. There are 90,433 households in the city with an average household size of 2.54 persons. 46.98% of households in Lubbock are renters.

Income and Rent Overburden in Lubbock

The median gross income for households in Lubbock is $44,648 a year, or $3,721 a month. The median rent for the city is $823 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lubbock, a household making less than $2,743 a month would be considered overburdened when renting an apartment at or above the median rent. 51.24% of households who rent are overburdened in Lubbock.1

Area Median Income In Lubbock

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Lubbock, the AMI is calculated from all households within Lubbock County.

In Lubbock, HUD calculates the Area Median Income for a family of four as $62,200

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 Lubbock

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 Lubbock HUD Rental Assistance in Lubbock

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,100 $16,910 $21,330 $25,750 $30,170 $34,590 $38,600 $41,100
50% of Median $21,800 $24,900 $28,000 $31,100 $33,600 $36,100 $38,600 $41,100
80% of Median $34,850 $39,800 $44,800 $49,750 $53,750 $57,750 $61,700 $65,700
Low Income Housing Tax Credits in Lubbock

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1994 to 2006, 8 low income apartment communities containing 1,262 rental apartments have been constructed and made affordable to low income persons in Lubbock by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Lubbock

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $26,160 $29,880 $33,600 $37,320 $40,320 $43,320 $46,320 $49,320

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Lubbock is $33,600 a year, or $2,800 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,800 by 30% to get a maximum rent of $840 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $545 $584 $700 $809 $903 $996
60% $654 $701 $840 $971 $1,083 $1,196
Fair Market Rents in Lubbock

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$635 $726 $880 $1,272 $1,546