Affordable Housing In McLennan County
Texas

26 Low Income Apartment Communities In McLennan County

Villas of Lake Brazos ( Fka the Gardens )

1601 Spring St
Waco, TX
HCV Welcome

Red Oaks

4500 S 3rd St Rd
Waco, TX
HCV Welcome

Cherrywood Apartments

701 Tokio Rd
West, TX
Subsidized

Brazos Landing Townhomes

2500 E Lake Shore Dr
Waco, TX
HCV Welcome

Costa Esmeralda

1516 Gurley Ln
Waco, TX
HCV Welcome

Village Place Apartments

111 Village Place Dr
Lorena, TX
HCV Welcome

There are 26 low income housing apartment complexes which contain 3,094 affordable apartments for rent in McLennan County. Many of these rental apartments are income based housing with 1,820 apartments that set rent based on your income. In McLennan County, HUD housing programs support 810 rental assistance apartments through programs like Project-based Section 8. There are 1,274 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve McLennan County

Housing Authority Programs
Texas Department of Housing and Community Affairs Section 8 Housing Choice Voucher (HCV)

Other Housing Authorities located in McLennan County

Housing Authority Programs
Waco Housing Authority and Affiliates Section 8 Housing Choice Voucher (HCV); Public Housing
Housing Authority of McGregor Public Housing
Housing Authority of City of Moody Public Housing
Mart Housing Authority Public Housing

Guide To Affordable Housing in McLennan County, Texas

McLennan County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 26
Total Low Income Apartments 3,094
Total Rent Assisted Apartments 1,820
Percentage of Housing Units Occupied By Renters 41.4%
Average Renter Household Size 2.52
Total Population 241,505
Housing Units 86,769
Average Household Size 2.68
Median Household Income $42,687 ±$1,183
Median Rent $765 ±$16
Percentage Of Renters Overburdened 49.02% ± 2.35pp

Population and Household Demographics

McLennan County is a County in Texas with a population of 241,505. There are 86,769 households in the county with an average household size of 2.68 persons. 41.4% of households in McLennan County are renters.

Income and Rent Overburden in McLennan County

The median gross income for households in McLennan County is $42,687 a year, or $3,557 a month. The median rent for the county is $765 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In McLennan County, a household making less than $2,550 a month would be considered overburdened when renting an apartment at or above the median rent. 49.02% of households who rent are overburdened in McLennan County.1

Area Median Income In McLennan 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 McLennan County, HUD calculates the Area Median Income for a family of four as $64,500

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 McLennan 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 McLennan County HUD Rental Assistance in McLennan County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,550 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $42,600
50% of Median $22,600 $25,800 $29,050 $32,250 $34,850 $37,450 $40,000 $42,600
80% of Median $36,150 $41,300 $46,450 $51,600 $55,750 $59,900 $64,000 $68,150
Low Income Housing Tax Credits in McLennan County

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

From 1991 to 2005, 7 low income apartment communities containing 937 rental apartments have been constructed and made affordable to low income persons in McLennan County 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 McLennan County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $27,120 $30,960 $34,860 $38,700 $41,820 $44,940 $48,000 $51,120

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 McLennan County is $34,860 a year, or $2,905 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,905 by 30% to get a maximum rent of $872 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% $565 $605 $726 $839 $936 $1,033
60% $678 $726 $872 $1,007 $1,124 $1,239
Fair Market Rents in McLennan County

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
$572 $628 $823 $1,124 $1,325

Cities In McLennan County

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

City Listings Served By
Waco 16 The HUD funded Public Housing Agency that serves Waco is the Waco Housing Authority and Affiliates.
Lorena 2 The HUD funded Public Housing Agency that serves Lorena is the Texas Department of Housing and Community Affairs.
West 3 The HUD funded Public Housing Agency that serves West is the Texas Department of Housing and Community Affairs.
Mart 1 The HUD funded Public Housing Agencies that serve Mart are the Mart Housing Authority and Texas Department of Housing and Community Affairs.
Hewitt 1 The HUD funded Public Housing Agency that serves Hewitt is the Texas Department of Housing and Community Affairs.
Moody 1 The HUD funded Public Housing Agency that serves Moody is the Texas Department of Housing and Community Affairs.
Bellmead 0 The HUD funded Public Housing Agency that serves Bellmead is the Texas Department of Housing and Community Affairs.
Beverly Hills 0 The HUD funded Public Housing Agency that serves Beverly Hills is the Texas Department of Housing and Community Affairs.
China Spring 0 The HUD funded Public Housing Agency that serves China Spring is the Texas Department of Housing and Community Affairs.
Crawford 0 The HUD funded Public Housing Agency that serves Crawford is the Texas Department of Housing and Community Affairs.
Gholson 0 The HUD funded Public Housing Agency that serves Gholson is the Texas Department of Housing and Community Affairs.
Hallsburg 0 The HUD funded Public Housing Agency that serves Hallsburg is the Texas Department of Housing and Community Affairs.
Lacy Lakeview 0 The HUD funded Public Housing Agency that serves Lacy Lakeview is the Texas Department of Housing and Community Affairs.
Leroy 0 The HUD funded Public Housing Agency that serves Leroy is the Texas Department of Housing and Community Affairs.
Riesel 0 The HUD funded Public Housing Agency that serves Riesel is the Texas Department of Housing and Community Affairs.
Robinson 0 The HUD funded Public Housing Agency that serves Robinson is the Texas Department of Housing and Community Affairs.
Ross 0 The HUD funded Public Housing Agency that serves Ross is the Texas Department of Housing and Community Affairs.
Woodway 1 The HUD funded Public Housing Agency that serves Woodway is the Texas Department of Housing and Community Affairs.
Lacy-Lakeview 0 The HUD funded Public Housing Agency that serves Lacy-Lakeview is the Texas Department of Housing and Community Affairs.