Low Income Apartments and Affordable Housing For Rent in Madisonville, TX

Discover affordable housing in Madisonville where there are 4+ 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.

Briarcrest Apartments

208 E Wells St, Madisonville, Texas 77864

Madisonville Estates

1610 E Collard St, Madisonville, Texas 77864

Madison Place

701 N Madison St, Madisonville, Texas 77864

114 Byers St

114 Byers St, Madisonville, Texas 77864

calendar_today Opened: Mar 11
calendar_today Closes: May 31,

Reported On March 13th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Madisonville, Texas
$18.24/hour
$10.99 (+152%) more than Texas minimum wage and $10.99 (+152%) more than the Federal minimum wage.
Learn More About Madisonville, Texas Affordable Housing ↓

What HUD offices serve Madisonville, 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 Public Housing programs for Madisonville, Texas.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Madisonville, Texas.

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

How many renters live in Madisonville, Texas?

The City of Madisonville has 4,480 people living in 1,587 households.

There are 1,294 renters living in 653 renter households in this City. Renters make up 28.88 percent of the population living in Madisonville.

What is the rental market like in Madisonville, Texas?

There are an estimated 1,869 housing units in the Madisonville area. Of these, 772 units are rental homes, making up 41 percent of the housing market. For every renter household in Madisonville, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Madisonville?

The rental vacancy rate in Madisonville is 15 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Madisonville for each bedroom size?

Occupied Rental Units by Size in Madisonville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
72 97 342 117 13
Occupied Rental Units by Size in Madisonville

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

Among renter households in this market, 34 percent have housing cost burden. Further, 20 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 Madisonville

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $743 to $1,431. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $743
One BR $748
Two BR $963
Three BR $1,285
Four BR $1,431
2024 Fair Market Rents in Madisonville, Texas

How many units are rented at Fair Market Rent (FMR) in Madisonville?

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 0 100 percent
One BR 97 100 percent
Two BR 260 76 percent
Rental Units Below FMR in Madisonville, Texas

How many affordable rental units are in Madisonville?

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

Federal Program Unit Count
Low Income Housing Tax Credit 157
Public Housing 55
USDA Section 515 Rural Rental Housing 52
Tracked Units by Federal Program in Madisonville, Texas

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

Income Based Apartments in Madisonville, Texas

Madisonville features 139 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 Madisonville, Texas

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Madisonville.

Housing Choice Vouchers in Madisonville, Texas

On average, Section 8 Housing Choice vouchers pay Madisonville landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Madisonville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Madisonville, Texas for a two-bedroom apartment is between $867 and $1,059.

Sourced from federal housing data and AffordableHousingOnline.com research.