Low Income Apartments In Potter County
Texas
Low Income Apartments In Potter County
Independence Village
Community Options Amarillo
There are 25 low income housing apartment complexes which contain 2,397 affordable apartments for rent in Potter County, Texas. Many of these rental apartments are income based housing with about 655 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 442 Project-Based Section 8 subsidized apartments in Potter County. There are 1,742 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 Potter County
| Housing Authority | Programs |
|---|---|
| Panhandle Community Services | Section 8 Housing Choice Voucher; Veteran Affairs Supportive Housing |
Other Housing Authorities located in Potter County
| Housing Authority | Programs |
|---|---|
| City of Amarillo Community Development Department | Section 8 Housing Choice Voucher |
Guide To Affordable Housing in Potter County, Texas
Potter County, TX Affordable Housing Snapshot
| Total Affordable Apartment Properties | 25 |
|---|---|
| Total Low Income Apartments | 2,397 |
| Total Rent Assisted Apartments | 655 |
| Percentage of Housing Units Occupied By Renters | 42.22% |
| Average Renter Household Size | 2.56 |
| Total Population | 122,352 |
| Housing Units | 43,227 |
| Average Household Size | 2.68 |
| Median Household Income | $38,159 ±$1,738 |
| Median Rent | $716 ±$16 |
| Percentage Of Renters Overburdened | 47.39% ± 2.78pp |
Population and Household Demographics
Potter County is a County in Texas with a population of 122,352. There are 43,227 households in the county with an average household size of 2.68 persons. 42.22% of households in Potter County are renters.
Income and Rent Overburden in Potter County
The median gross income for households in Potter County is $38,159 a year, or $3,180 a month. The median rent for the county is $716 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Potter County, a household making less than $2,387 a month would be considered overburdened when renting an apartment at or above the median rent. 47.39% of households who rent are overburdened in Potter County.1
Fair Market Rents in Potter 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 |
|---|---|---|---|---|
| $553 | $654 | $849 | $1,148 | $1,293 |
Cities In Potter County
Select A City to View its Apartment Communities and Waiting Lists.
| City | Listings | Served By |
|---|---|---|
| Amarillo | 25 | The HUD funded Public Housing Agencies that serve Amarillo are the City of Amarillo Community Development Department and Panhandle Community Services. |
| Bishop Hills | 0 | The HUD funded Public Housing Agency that serves Bishop Hills is the Panhandle Community Services. |
