Low Income Apartments In Randall County
Texas

Low Income Apartments In Randall County

Creek Crossing Senior Village

24 Creekside Lane
Canyon, TX
HCV Welcome

2615 8th Ave

2615 8th Ave
Canyon, TX
  • «
  • 1
  • »

There are 2 low income housing apartment complexes which contain 120 affordable apartments for rent in Randall County. Many of these rental apartments are income based housing with 44 apartments that set rent based on your income. In Randall County, HUD housing programs support 0 rental assistance apartments through programs like Project-based Section 8. There are 76 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 Randall County

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

Other Housing Authorities located in Randall County

Housing Authority Programs
Housing Authority of Canyon Public Housing

Guide To Affordable Housing in Randall County, Texas

Randall County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 120
Total Rent Assisted Apartments 44
Percentage of Housing Units Occupied By Renters 31.24%
Average Renter Household Size 2.31
Total Population 126,782
Housing Units 48,770
Average Household Size 2.55
Median Household Income $60,972 ±$1,404
Median Rent $832 ±$19
Percentage Of Renters Overburdened 42.3% ± 3.52pp

Population and Household Demographics

Randall County is a County in Texas with a population of 126,782. There are 48,770 households in the county with an average household size of 2.55 persons. 31.24% of households in Randall County are renters.

Income and Rent Overburden in Randall County

The median gross income for households in Randall County is $60,972 a year, or $5,081 a month. The median rent for the county is $832 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Randall County, a household making less than $2,773 a month would be considered overburdened when renting an apartment at or above the median rent. 42.3% of households who rent are overburdened in Randall County.1

Area Median Income In Randall 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 Randall County, HUD calculates the Area Median Income for a family of four as $71,600

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 Randall 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 Randall County HUD Rental Assistance in Randall County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,050 $17,200 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,100 $28,650 $32,250 $35,800 $38,700 $41,550 $44,400 $47,300
80% of Median $40,150 $45,850 $51,600 $57,300 $61,900 $66,500 $71,100 $75,650
Low Income Housing Tax Credits in Randall 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 2007, 1 low income apartment communities containing 73 rental apartments have been constructed and made affordable to low income persons in Randall 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 Randall County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $30,120 $34,380 $38,700 $42,960 $46,440 $49,860 $53,280 $56,760

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 Randall County is $38,700 a year, or $3,225 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,225 by 30% to get a maximum rent of $968 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% $628 $672 $806 $931 $1,039 $1,146
60% $753 $806 $968 $1,118 $1,247 $1,376
Fair Market Rents in Randall 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 Randall County

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

City Listings Served By
Canyon 2 The HUD funded Public Housing Agencies that serve Canyon are the Housing Authority of Canyon and Panhandle Community Services.
Happy 0 The HUD funded Public Housing Agency that serves Happy is the Panhandle Community Services.
Lake Tanglewood 0 The HUD funded Public Housing Agency that serves Lake Tanglewood is the Panhandle Community Services.
Palisades 0 The HUD funded Public Housing Agency that serves Palisades is the Panhandle Community Services.
Timbercreek Canyon 0 The HUD funded Public Housing Agency that serves Timbercreek Canyon is the Panhandle Community Services.