Low Income Apartments In Menard County

Low Income Apartments In Menard County

Silver Trail Apartments

403 Mesquire
Menard, TX

Silver Trails

403 Mesquite St
Menard, TX

Deer Creek Apartments

507 Mesquite St
Menard, TX
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There are 3 low income housing apartment complexes which contain 64 affordable apartments for rent in Menard County, Texas. Many of these rental apartments are income based housing with about 40 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 0 Project-Based Section 8 subsidized apartments in Menard County. There are 24 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Guide To Affordable Housing in Menard County, Texas

Menard County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 64
Total Rent Assisted Apartments 40
Percentage of Housing Units Occupied By Renters 28.81%
Average Renter Household Size 2.30
Total Population 2,182
Housing Units 951
Average Household Size 2.25
Median Household Income $34,464 ±$7,243
Median Rent $534 ±$145
Percentage Of Renters Overburdened 35.04% ± 15.27pp

Population and Household Demographics

Menard County is a County in Texas with a population of 2,182. There are 951 households in the county with an average household size of 2.25 persons. 28.81% of households in Menard County are renters.

Income and Rent Overburden in Menard County

The median gross income for households in Menard County is $34,464 a year, or $2,872 a month. The median rent for the county is $534 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Menard County, a household making less than $1,780 a month would be considered overburdened when renting an apartment at or above the median rent. 35.04% of households who rent are overburdened in Menard County.1

Fair Market Rents in Menard 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
$534 $565 $710 $890 $1,094

Cities In Menard County

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