Affordable Housing In Montgomery County
28 Low Income Apartment Communities In Montgomery County
Housing Authorities that serve Montgomery County
|Housing Authority of Montgomery County||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Montgomery County, Texas
There are 28 low income housing apartment communities offering 2,862 affordable apartments for rent in Montgomery County, Texas.
Income Based Apartments in Montgomery County, Texas
Montgomery County features 765 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 Montgomery County, Texas
There are 2,097 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Montgomery County.
Housing Choice Vouchers in Montgomery County, Texas
On average, Section 8 Housing Choice vouchers pay Montgomery County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Montgomery County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Montgomery County, Texas for a two-bedroom apartment is between $986 and $1,206.
2020 Montgomery 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||$826||$908||$1,096||$1,485||$1,878|
|Payment Standard Range||$743 to $909||$817 to $999||$986 to $1,206||$1,337 to $1,634||$1,690 to $2,066|
Sourced from federal housing data and AffordableHousingOnline.com research.
Montgomery County, TX Affordable Housing Snapshot
|Total Affordable Apartment Properties||28|
|Total Low Income Apartments||2,862|
|Total Housing Units with Rental Assistance||765|
|Percentage of Housing Units Occupied By Renters||28.19%|
|Average Renter Household Size||2.67|
|Average Household Size||2.88|
|Median Household Income||$68,838 ±$1,533|
|Median Rent||$1,030 ±$26|
|Percentage Of Renters Overburdened||41.09% ± 2.38pp|
Population and Household Demographics
Montgomery County is a county in Texas with a population of 502,586. There are 173,238 households in the county with an average household size of 2.88 persons. 28.19% of households in Montgomery County are renters.
Income and Rent Overburden in Montgomery County
The median gross income for households in Montgomery County is $68,838 a year, or $5,737 a month. The median rent for the county is $1,030 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Montgomery County, a household making less than $3,433 a month would be considered overburdened when renting an apartment at or above the median rent. 41.09% of households who rent are overburdened in Montgomery County.
Area Median Income In Montgomery 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 Montgomery County, HUD calculates the Area Median Income for a family of four as $78,800
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 Montgomery 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 Montgomery County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$16,600||$18,950||$21,720||$26,200||$30,680||$35,160||$39,640||$44,120|
|50% of Median||$27,600||$31,550||$35,500||$39,400||$42,600||$45,750||$48,900||$52,050|
|80% of Median||$44,150||$50,450||$56,750||$63,050||$68,100||$73,150||$78,200||$83,250|
Cities In Montgomery County
Select A City to View its Apartment Communities and Waiting Lists.
|Conroe||The HUD funded Public Housing Agency that serves Conroe is the Housing Authority of Montgomery County.|
|Cut and Shoot|
|Magnolia||The HUD funded Public Housing Agency that serves Magnolia is the Housing Authority of Montgomery County.|
|Montgomery||The HUD funded Public Housing Agency that serves Montgomery is the Housing Authority of Montgomery County.|
|Oak Ridge North|
|Porter||The HUD funded Public Housing Agency that serves Porter is the Housing Authority of Montgomery County.|
|Willis||The HUD funded Public Housing Agency that serves Willis is the Housing Authority of Montgomery County.|