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Affordable Housing In Nolanville
Bell County, Texas

1 Low Income Apartment Communities In Nolanville

Oak Ridge Apartments

339 10th Street
Nolanville, Texas
1-3 BR
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Housing Authorities that serve Nolanville

Housing Authority Programs
Central Texas Council of Governments Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Nolanville, Texas

There are 1 low income housing apartment communities offering 48 affordable apartments for rent in Nolanville, Texas.

Income Based Apartments in Nolanville, Texas

Nolanville 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 Nolanville, Texas

There are 48 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Nolanville.

Housing Choice Vouchers in Nolanville, Texas

On average, Section 8 Housing Choice vouchers pay Nolanville landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Nolanville.

The maximum amount a voucher would pay on behalf of a low-income tenant in Nolanville, Texas for a two-bedroom apartment is between $734 and $897.

2021 Nolanville, 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 $635 $639 $815 $1,166 $1,411
Payment Standard Range $572 to $699 $575 to $703 $734 to $897 $1,049 to $1,283 $1,270 to $1,552

Sourced from federal housing data and research.

Nolanville, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 48
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 48.73%
Average Renter Household Size 3.05
Average Household Size 2.95
Median Household Income $42,366 ±$11,299
Median Rent $833 ±$102
Percentage Of Renters Overburdened 29.87% ± 19.2pp
Total Population 4,533

Population and Household Demographics

Nolanville is a city in Bell County, Texas with a population of 4,533. There are 1,539 households in the city with an average household size of 2.95 persons. 48.73% of households in Nolanville are renters.

Income and Rent Overburden in Nolanville

The median gross income for households in Nolanville is $42,366 a year, or $3,531 a month. The median rent for the city is $833 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Nolanville, a household making less than $2,777 a month would be considered overburdened when renting an apartment at or above the median rent. 29.87% of households who rent are overburdened in Nolanville.

Area Median Income In Nolanville

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Nolanville, the AMI is calculated from all households within Bell County.

In Nolanville, HUD calculates the Area Median Income for a family of four as $63,900

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 Nolanville

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 Nolanville

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,450 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $42,200
50% of Median $22,400 $25,600 $28,800 $31,950 $34,550 $37,100 $39,650 $42,200
80% of Median $35,800 $40,900 $46,000 $51,100 $55,200 $59,300 $63,400 $67,500