Affordable Housing In Pleasanton
Atascosa County, Texas

4 Low Income Apartment Communities In Pleasanton

St Francis Villa Apartments

715 Trade
Pleasanton, TX
Subsidized

Pleasanton Seniors Apartments

1547 Jami Dr
Pleasanton, TX

Pleasanton Apartments

801 Oakhaven Rd
Pleasanton, TX
HCV Welcome

618 Shady Oak Dr

618 Shady Oak Dr
Pleasanton, TX
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There are 4 low income housing apartment complexes which contain 136 affordable apartments for rent in Pleasanton. Many of these rental apartments are income based housing with 88 apartments that set rent based on your income. In Pleasanton, HUD housing programs support 28 rental assistance apartments through programs like Project-based Section 8. There are 48 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Pleasanton

Housing Authority Programs
Pleasanton Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Pleasanton, Texas

Pleasanton, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 136
Total Rent Assisted Apartments 88
Percentage of Housing Units Occupied By Renters 40.45%
Average Renter Household Size 3.21
Total Population 9,473
Housing Units 3,305
Average Household Size 2.80
Median Household Income $55,494 ±$8,948
Median Rent $863 ±$89
Percentage Of Renters Overburdened 44.43% ± 13.83pp

Population and Household Demographics

Pleasanton is a City in Atascosa County, Texas with a population of 9,473. There are 3,305 households in the city with an average household size of 2.80 persons. 40.45% of households in Pleasanton are renters.

Income and Rent Overburden in Pleasanton

The median gross income for households in Pleasanton is $55,494 a year, or $4,625 a month. The median rent for the city is $863 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Pleasanton, a household making less than $2,877 a month would be considered overburdened when renting an apartment at or above the median rent. 44.43% of households who rent are overburdened in Pleasanton.1

Area Median Income In Pleasanton

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 Pleasanton, the AMI is calculated from all households within Atascosa County.

In Pleasanton, HUD calculates the Area Median Income for a family of four as $62,100

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 Pleasanton

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 Pleasanton HUD Rental Assistance in Pleasanton

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,100 $16,910 $21,330 $25,750 $30,170 $34,590 $38,550 $41,000
50% of Median $21,750 $24,850 $27,950 $31,050 $33,550 $36,050 $38,550 $41,000
80% of Median $34,800 $39,800 $44,750 $49,700 $53,700 $57,700 $61,650 $65,650
Low Income Housing Tax Credits in Pleasanton

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

From 1993 to 1993, 1 low income apartment communities containing 24 rental apartments have been constructed and made affordable to low income persons in Pleasanton 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 Pleasanton

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $21,750 $24,850 $27,950 $31,050 $33,550 $36,050 $38,550 $41,000
60% of Median $26,100 $29,820 $33,540 $37,260 $40,260 $43,260 $46,260 $49,200

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 Pleasanton is $33,540 a year, or $2,795 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,795 by 30% to get a maximum rent of $839 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% $544 $583 $699 $808 $901 $994
60% $653 $699 $839 $969 $1,082 $1,193
Fair Market Rents in Pleasanton

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
$560 $645 $853 $1,088 $1,259