Affordable Housing In Rains County

8 Low Income Apartment Communities In Rains County

Abbington Walk of Emory

Spence Drive
Emory, TX
Call For Rent
1-3 BR
HCV Welcome

212 Avenue a

212 Avenue a
Point, TX

Alba Housing

699 E Mockingbird St
Alba, TX

200 Avenue a

200 Avenue a
Point, TX

Emory Capital Apartments CO Ashcroft Group

109 S Dunbar Ln
Emory, TX

Emory Manor Apartments CO Ashcroft Group

389 S Texas St
Emory, TX

145 N Osborn St

145 N Osborn St
Alba, TX

Emory Manor Apartments

Dunbar & Tx Hwy 19
Emory, TX
HCV Welcome
  • «
  • 1
  • »

Other Housing Authorities located in Rains County

Housing Authority Programs
Housing Authority of Point Public Housing

Guide To Affordable Housing in Rains County, Texas

According to federal housing data and research, there are 8 low income housing apartment communities offering 172 affordable apartments for rent in Rains County, Texas. Rains County features 42 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 130 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Rains County.

Rains County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 172
Total Housing Units with Rental Assistance 42
Percentage of Housing Units Occupied By Renters 19.04%
Average Renter Household Size 2.83
Average Household Size 2.61
Median Household Income $48,448 ±$3,953
Median Rent $662 ±$82
Percentage Of Renters Overburdened 36.25% ± 8.29pp
Total Population 11,037

Population and Household Demographics

Rains County is a County in Texas with a population of 11,037. There are 4,201 households in the county with an average household size of 2.61 persons. 19.04% of households in Rains County are renters.

Income and Rent Overburden in Rains County

The median gross income for households in Rains County is $48,448 a year, or $4,037 a month. The median rent for the county is $662 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Rains County, a household making less than $2,207 a month would be considered overburdened when renting an apartment at or above the median rent. 36.25% of households who rent are overburdened in Rains County.1

Area Median Income In Rains 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 Rains County, HUD calculates the Area Median Income for a family of four as $63,400

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 Rains 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 Rains County HUD Rental Assistance in Rains County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,300 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $41,850
50% of Median $22,200 $25,400 $28,550 $31,700 $34,250 $36,800 $39,350 $41,850
80% of Median $35,500 $40,600 $45,650 $50,700 $54,800 $58,850 $62,900 $66,950
Low Income Housing Tax Credits in Rains County

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

From 1990 to 1990, 1 low income apartment communities containing 40 rental apartments have been constructed and made affordable to low income persons in Rains 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 Rains County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $22,200 $25,400 $28,550 $31,700 $34,250 $36,800 $39,350 $41,850
60% of Median $26,640 $30,480 $34,260 $38,040 $41,100 $44,160 $47,220 $50,220

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 Rains County is $34,260 a year, or $2,855 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,855 by 30% to get a maximum rent of $857 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% $555 $595 $714 $824 $920 $1,015
60% $666 $714 $857 $989 $1,104 $1,218
Fair Market Rents in Rains 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.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$518 $594 $714 $964 $975

Cities In Rains County

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

City Listings Served By
Emory 4
Alba 2 The HUD funded Public Housing Agencies that serve Alba are the Housing Authority of Alba and City of Tyler Housing Agency.
Point 2 The HUD funded Public Housing Agency that serves Point is the Housing Authority of Point.
East Tawakoni 0