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Affordable Housing In Potter County
Texas

28 Low Income Apartment Communities In Potter County

Independence Village

4700 S Virginia
Amarillo, Texas
Income Based
1-2 BR
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Town Parc at Amarillo

6501 Woodward Ave
Amarillo, Texas
$679-927
1-3 BR

Canyons at 45 West

4101 SW 45th
Amarillo, Texas
Call For Rent
1-3 BR

The Granite at Thirty-Fourth

3308 Eddy St
Amarillo, Texas
$595-795
1-2 BR

Vineyard Manor Apartments

1201 S Polk St
Amarillo, Texas
Call For Rent
1-2 BR

Independence Village

4700 S Virginia St
Amarillo, Texas
Call For Rent
Studio-2 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

Marabella

5781 W. Amarillo Blvd
Amarillo, Texas
Call For Rent
1-2 BR

Spring Terrace Apartments

2600 S Spring St
Amarillo, Texas
Subsidized

Win Lin Village Apartments

5700 Wabash St
Amarillo, Texas
Subsidized

Amarillo Gardens Apartments

1223 S Roberts St
Amarillo, Texas
Subsidized

Housing Authorities that serve Potter County

Housing Authority Programs
Panhandle Community Services Section 8 Housing Choice Voucher (HCV); Veteran Affairs Supportive Housing (VASH)

Guide To Affordable Housing in Potter County, Texas

There are 28 low income housing apartment communities offering 2,528 affordable apartments for rent in Potter County, Texas.

Income Based Apartments in Potter County, Texas

Potter County features 669 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 Potter County, Texas

There are 1,859 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Potter County.

Housing Choice Vouchers in Potter County, Texas

On average, Section 8 Housing Choice vouchers pay Potter County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Potter County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Potter County, Texas for a two-bedroom apartment is between $815 and $997.

2021 Potter 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 $629 $705 $906 $1,236 $1,406
Payment Standard Range $566 to $692 $635 to $776 $815 to $997 $1,112 to $1,360 $1,265 to $1,547

Sourced from federal housing data and AffordableHousingOnline.com research.

Potter County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 28
Total Low Income Apartments 2,528
Total Housing Units with Rental Assistance 669
Percentage of Housing Units Occupied By Renters 42.22%
Average Renter Household Size 2.56
Average Household Size 2.68
Median Household Income $38,159 ±$1,738
Median Rent $716 ±$16
Percentage Of Renters Overburdened 47.39% ± 2.78pp
Total Population 122,352

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.

Area Median Income In Potter 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 Potter County, HUD calculates the Area Median Income for a family of four as $66,900

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 Potter 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 Potter County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,350 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $23,850 $27,250 $30,650 $34,050 $36,800 $39,500 $42,250 $44,950
80% of Median $38,150 $43,600 $49,050 $54,500 $58,900 $63,250 $67,600 $71,950

Cities In Potter County

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

City Served By
Amarillo The HUD funded Public Housing Agencies that serve Amarillo are the City of Amarillo Community Development Department and Panhandle Community Services.
Bishop Hills The HUD funded Public Housing Agency that serves Bishop Hills is the Panhandle Community Services.