Low Income Apartments In Panola County
Texas
Low Income Apartments In Panola County
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There are 8 low income housing apartment complexes which contain 255 affordable apartments for rent in Panola County, Texas. Many of these rental apartments are income based housing with about 183 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 32 Project-Based Section 8 subsidized apartments in Panola County. There are 72 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.
Housing Authorities that serve Panola County
| Housing Authority | Programs |
|---|---|
| Tatum Housing Authority | Section 8 Housing Choice Voucher; Public Housing |
| Beckville Housing Authority | Public Housing |
Guide To Affordable Housing in Panola County, Texas
Panola County, TX Affordable Housing Snapshot
| Total Affordable Apartment Properties | 8 |
|---|---|
| Total Low Income Apartments | 255 |
| Total Rent Assisted Apartments | 183 |
| Percentage of Housing Units Occupied By Renters | 22.43% |
| Average Renter Household Size | 2.89 |
| Total Population | 23,900 |
| Housing Units | 8,923 |
| Average Household Size | 2.63 |
| Median Household Income | $50,119 ±$2,504 |
| Median Rent | $678 ±$58 |
| Percentage Of Renters Overburdened | 22.69% ± 7.02pp |
Population and Household Demographics
Panola County is a County in Texas with a population of 23,900. There are 8,923 households in the county with an average household size of 2.63 persons. 22.43% of households in Panola County are renters.
Income and Rent Overburden in Panola County
The median gross income for households in Panola County is $50,119 a year, or $4,177 a month. The median rent for the county is $678 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Panola County, a household making less than $2,260 a month would be considered overburdened when renting an apartment at or above the median rent. 22.69% of households who rent are overburdened in Panola County.1
Fair Market Rents in Panola County
Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.
2019 Fair Market Rents
| Studio | One BR | Two BR | Three BR | Four BR |
|---|---|---|---|---|
| $548 | $551 | $729 | $913 | $1,139 |
Cities In Panola County
Select A City to View its Apartment Communities and Waiting Lists.
| City | Listings | Served By |
|---|---|---|
| Carthage | 5 | The HUD funded Public Housing Agencies that serve Carthage are the Longview Housing Authority, Tatum Housing Authority and Beckville Housing Authority. |
| Tatum | 2 | The HUD funded Public Housing Agencies that serve Tatum are the Tatum Housing Authority and Beckville Housing Authority. |
| Beckville | 1 | The HUD funded Public Housing Agencies that serve Beckville are the Longview Housing Authority, Tatum Housing Authority and Beckville Housing Authority. |
| Gary City | 0 | The HUD funded Public Housing Agencies that serve Gary City are the Tatum Housing Authority and Beckville Housing Authority. |
