Affordable Housing In Pecos County
Texas

5 Low Income Apartment Communities In Pecos County

Ft Stockton Manor

305 N Everts St
Fort Stockton, TX
Subsidized

Valley Creek Apartments

2038 N FM 1053
Fort Stockton, TX
HCV Welcome

Southern View Apartments

1113 W Ryan St
Fort Stockton, TX
HCV Welcome

Fort Stockton Oasis Ltd

1501 N Marshall St
Fort Stockton, TX

Fort Stockton Oasis

1501 North Marshall Street
Fort Stockton, TX
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There are 5 low income housing apartment complexes which contain 244 affordable apartments for rent in Pecos County. Many of these rental apartments are income based housing with 36 apartments that set rent based on your income. In Pecos County, HUD housing programs support 0 rental assistance apartments through programs like Project-based Section 8. There are 208 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Other Housing Authorities located in Pecos County

Housing Authority Programs
Fort Stockton Housing Authority Section 8 Housing Choice Voucher (HCV); Homeownership Voucher

Guide To Affordable Housing in Pecos County, Texas

Pecos County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 244
Total Rent Assisted Apartments 36
Percentage of Housing Units Occupied By Renters 29.85%
Average Renter Household Size 3.19
Total Population 15,807
Housing Units 4,339
Average Household Size 3.17
Median Household Income $50,305 ±$4,967
Median Rent $742 ±$127
Percentage Of Renters Overburdened 32.28% ± 9.52pp

Population and Household Demographics

Pecos County is a County in Texas with a population of 15,807. There are 4,339 households in the county with an average household size of 3.17 persons. 29.85% of households in Pecos County are renters.

Income and Rent Overburden in Pecos County

The median gross income for households in Pecos County is $50,305 a year, or $4,192 a month. The median rent for the county is $742 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Pecos County, a household making less than $2,473 a month would be considered overburdened when renting an apartment at or above the median rent. 32.28% of households who rent are overburdened in Pecos County.1

Area Median Income In Pecos 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 Pecos County, HUD calculates the Area Median Income for a family of four as $73,200

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 Pecos 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 Pecos County HUD Rental Assistance in Pecos County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,400 $17,600 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,600 $29,250 $32,900 $36,550 $39,500 $42,400 $45,350 $48,250
80% of Median $40,950 $46,800 $52,650 $58,500 $63,200 $67,900 $72,550 $77,250
Low Income Housing Tax Credits in Pecos County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 2007 to 2010, 2 low income apartment communities containing 96 rental apartments have been constructed and made affordable to low income persons in Pecos County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Pecos County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $25,600 $29,250 $32,900 $36,550 $39,500 $42,400 $45,350 $48,250
60% of Median $30,720 $35,100 $39,480 $43,860 $47,400 $50,880 $54,420 $57,900

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Pecos County is $39,480 a year, or $3,290 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,290 by 30% to get a maximum rent of $987 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $640 $686 $823 $951 $1,060 $1,170
60% $768 $823 $987 $1,141 $1,272 $1,404
Fair Market Rents in Pecos 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
$614 $650 $817 $1,130 $1,435

Cities In Pecos County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Fort Stockton 5 The HUD funded Public Housing Agency that serves Fort Stockton is the Fort Stockton Housing Authority.
Coyanosa 0
Imperial 0
Iraan 0