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Affordable Housing In Midland County

2 Low Income Apartment Communities In Midland County

Palladium Midland Apartments

2300 South Lamesa Road
Midland, Texas
Call For Rent
1-3 BR
Accepts Vouchers

Compass Pointe Apartments

1509 Wayside Drive
Midland, Texas
Call For Rent
1 BR
Accepts Vouchers
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Guide To Affordable Housing in Midland County, Texas

There are 2 low income housing apartment communities offering 470 affordable apartments for rent in Midland County, Texas.

Income Based Apartments in Midland County, Texas

Midland County features 0 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 Midland County, Texas

There are 470 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Midland County.

Housing Choice Vouchers in Midland County, Texas

On average, Section 8 Housing Choice vouchers pay Midland County landlords $800 per month towards rent. The average voucher holder contributes $300 towards rent in Midland County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Midland County, Texas for a two-bedroom apartment is between $1,214 and $1,484.

2020 Midland 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 $1,073 $1,080 $1,349 $1,681 $2,123
Payment Standard Range $966 to $1,180 $972 to $1,188 $1,214 to $1,484 $1,513 to $1,849 $1,911 to $2,335

Sourced from federal housing data and research.

Midland County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 470
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 32.95%
Average Renter Household Size 2.49
Average Household Size 2.83
Median Household Income $68,806 ±$2,877
Median Rent $1,089 ±$31
Percentage Of Renters Overburdened 41.54% ± 3.79pp
Total Population 151,290

Population and Household Demographics

Midland County is a county in Texas with a population of 151,290. There are 52,870 households in the county with an average household size of 2.83 persons. 32.95% of households in Midland County are renters.

Income and Rent Overburden in Midland County

The median gross income for households in Midland County is $68,806 a year, or $5,734 a month. The median rent for the county is $1,089 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Midland County, a household making less than $3,630 a month would be considered overburdened when renting an apartment at or above the median rent. 41.54% of households who rent are overburdened in Midland County.

Area Median Income In Midland 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 Midland County, HUD calculates the Area Median Income for a family of four as $90,700

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 Midland 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 Midland County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $19,050 $21,800 $24,500 $27,200 $30,680 $35,160 $39,640 $44,120
50% of Median $31,750 $36,300 $40,850 $45,350 $49,000 $52,650 $56,250 $59,900
80% of Median $50,800 $58,050 $65,300 $72,550 $78,400 $84,200 $90,000 $95,800