Low Income Apartments and Affordable Housing For Rent in Newton, TX

Discover affordable housing in Newton where there are 2+ 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.

Hickory Lane Apts

3827 Hickory Ln, Newton, Texas

Hwy 87 ( Sartain St )

157 Sartain St, Newton, Texas 75966

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Newton, Texas
$17.14/hour
$9.89 (+136%) more than Texas minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Newton, Texas Affordable Housing ↓

What HUD offices serve Newton, Texas?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Public Housing programs for Newton, Texas.
Operates the Section 8 Housing Choice Voucher (HCV), Homeownership Voucher, Family Self-Sufficiency programs for Newton, Texas.

Go to the Texas Public Housing and Low-Income Apartments Waiting Lists page for openings near Newton.

How many renters live in Newton, Texas?

The City of Newton has 2,246 people living in 750 households.

There are 829 renters living in 301 renter households in this City. Renters make up 36.91 percent of the population living in Newton.

What is the rental market like in Newton, Texas?

There are an estimated 899 housing units in the Newton area. Of these, 320 units are rental homes, making up 36 percent of the housing market. For every renter household in Newton, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Newton?

The rental vacancy rate in Newton is 3 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 Newton for each bedroom size?

Occupied Rental Units by Size in Newton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 25 155 85 36
Occupied Rental Units by Size in Newton

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

Among renter households in this market, 54 percent have housing cost burden. Further, 20 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 Newton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $705 to $1,345. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $705
One BR $729
Two BR $905
Three BR $1,201
Four BR $1,345
2024 Fair Market Rents in Newton, Texas

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

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
One BR 13 52 percent
Two BR 101 65 percent
Rental Units Below FMR in Newton, Texas

How many affordable rental units are in Newton?

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

Federal Program Unit Count
Low Income Housing Tax Credit 47
Public Housing 63
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Newton, Texas

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

Income Based Apartments in Newton, Texas

Newton features 87 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 Newton, Texas

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Newton.

Housing Choice Vouchers in Newton, Texas

On average, Section 8 Housing Choice vouchers pay Newton landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Newton.

The maximum amount a voucher would pay on behalf of a low-income tenant in Newton, Texas for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.