Low Income Apartments and Affordable Housing For Rent in Bastrop County, TX

Discover affordable housing in Bastrop County where there are 15+ 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.

The Preserve at Hunters Crossing

210 Hunters Crossing Blvd, Bastrop, Texas 78602

Riverwood Commons l & ll

440 Old Austin Hwy, Bastrop, Texas 78602

Bastrop Oak Grove Apartments

1910 Wilson St, Bastrop, Texas 78602

Elgin Meadow Park Apartments

401 N Highway 95, Elgin, Texas 78621

The Willows Apartments Mac - Re L L C

324 Webb St, Smithville, Texas 78957

Cresent Village II Apartments

13817 County Line Rd, Elgin, Texas 78621

Settlement Estates Senior Housing

149 Settlement Dr, Bastrop, Texas 78602

Piney Creek North Apartments

2110 Main St, Bastrop, Texas 78602

Valleyview Villa

101 Ken Blaschke Dr, Smithville, Texas 78957

Anderson, Linden, Riverview

609 Linden St, Bastrop, Texas 78602

M536297, 501 Linden Street

501 Linden St, Bastrop, Texas 78602

Village East

515 Old McDade Rd, Elgin, Texas 78621

M530687, Senior Citizens Aid

401 E Alamo St, Elgin, Texas 78621

M537297, 502 Linden Street

502 Linden St, Bastrop, Texas 78602

Texas

219 NE 1st St, Smithville, Texas 78957

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bastrop County, Texas
$36.44/hour
$29.19 (+403%) more than Texas minimum wage and $29.19 (+403%) more than the Federal minimum wage.
Learn More About Bastrop County, Texas Affordable Housing ↓

How many renters live in Bastrop County, Texas?

The County of Bastrop County has 106,188 people living in 37,278 households.

There are 18,874 renters living in 8,140 renter households in this County. Renters make up 17.77 percent of the population living in Bastrop County.

What is the rental market like in Bastrop County, Texas?

There are an estimated 36,875 housing units in the Bastrop County area. Of these, 7,679 units are rental homes, making up 21 percent of the housing market. For every renter household in Bastrop County, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Bastrop County?

The rental vacancy rate in Bastrop County is 1 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Bastrop County for each bedroom size?

Occupied Rental Units by Size in Bastrop County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
166 1,345 2,556 2,856 452
Occupied Rental Units by Size in Bastrop County

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

Among renter households in this market, 36 percent have housing cost burden. Further, 13 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 Bastrop County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,519 to $2,840. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,519
One BR $1,635
Two BR $1,924
Three BR $2,470
Four BR $2,840
2024 Fair Market Rents in Bastrop County, Texas

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

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 158 95 percent
One BR 1,129 84 percent
Two BR 1,720 67 percent
Rental Units Below FMR in Bastrop County, Texas

How many affordable rental units are in Bastrop County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 401
Public Housing 164
Section 8 Project-Based Rental Assistance 119
USDA Section 515 Rural Rental Housing 136
Tracked Units by Federal Program in Bastrop County, Texas

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

Income Based Apartments in Bastrop County, Texas

Bastrop County features 330 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 Bastrop County, Texas

There are 346 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bastrop County.

Housing Choice Vouchers in Bastrop County, Texas

On average, Section 8 Housing Choice vouchers pay Bastrop County landlords $1,200 per month towards rent. The average voucher holder contributes $400 towards rent in Bastrop County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bastrop County, Texas for a two-bedroom apartment is between $1,732 and $2,116.

Sourced from federal housing data and AffordableHousingOnline.com research.