Affordable Housing In Parmer County
1 Low Income Apartment Communities In Parmer County
Housing Authorities that serve Parmer County
|Panhandle Community Services||Section 8 Housing Choice Voucher (HCV); Veteran Affairs Supportive Housing (VASH)|
Guide To Affordable Housing in Parmer County, Texas
There are 1 low income housing apartment communities offering 24 affordable apartments for rent in Parmer County, Texas.
Income Based Apartments in Parmer County, Texas
Parmer County features 24 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 Parmer County, Texas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Parmer County.
Housing Choice Vouchers in Parmer County, Texas
On average, Section 8 Housing Choice vouchers pay Parmer County landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Parmer County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Parmer County, Texas for a two-bedroom apartment is between $643 and $785.
2020 Parmer 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||$529||$627||$714||$940||$1,254|
|Payment Standard Range||$476 to $582||$564 to $690||$643 to $785||$846 to $1,034||$1,129 to $1,379|
Sourced from federal housing data and AffordableHousingOnline.com research.
Parmer County, TX Affordable Housing Snapshot
|Total Affordable Apartment Properties||1|
|Total Low Income Apartments||24|
|Total Housing Units with Rental Assistance||24|
|Percentage of Housing Units Occupied By Renters||31.76%|
|Average Renter Household Size||3.15|
|Average Household Size||3.08|
|Median Household Income||$45,326 ±$5,746|
|Median Rent||$625 ±$67|
|Percentage Of Renters Overburdened||26.76% ± 8.34pp|
Population and Household Demographics
Parmer County is a county in Texas with a population of 10,004. There are 3,224 households in the county with an average household size of 3.08 persons. 31.76% of households in Parmer County are renters.
Income and Rent Overburden in Parmer County
The median gross income for households in Parmer County is $45,326 a year, or $3,777 a month. The median rent for the county is $625 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Parmer County, a household making less than $2,083 a month would be considered overburdened when renting an apartment at or above the median rent. 26.76% of households who rent are overburdened in Parmer County.
Area Median Income In Parmer 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 Parmer County, HUD calculates the Area Median Income for a family of four as $57,400
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 Parmer 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 Parmer County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$12,760||$17,240||$21,720||$26,200||$30,680||$34,200||$36,550||$38,900|
|50% of Median||$20,650||$23,600||$26,550||$29,450||$31,850||$34,200||$36,550||$38,900|
|80% of Median||$33,000||$37,700||$42,400||$47,100||$50,900||$54,650||$58,450||$62,200|
Cities In Parmer County
Select A City to View its Apartment Communities and Waiting Lists.
|Bovina||The HUD funded Public Housing Agency that serves Bovina is the Panhandle Community Services.|
|Farwell||The HUD funded Public Housing Agency that serves Farwell is the Panhandle Community Services.|
|Friona||The HUD funded Public Housing Agency that serves Friona is the Panhandle Community Services.|