Affordable Housing In Rosebud
Falls County, Texas

3 Low Income Apartment Communities In Rosebud

Rosebud Oaks Apartments

306 W Avenue D
Rosebud, TX
Subsidized

Cougarland Apartments

175 Loop 265
Rosebud, TX
Subsidized

Ashcraft Court

County Rd 344
Rosebud, TX
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Housing Authorities that serve Rosebud

Housing Authority Programs
Housing Authority of Rosebud Public Housing
Texas Department of Housing and Community Affairs Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Rosebud, Texas

There are 3 low income housing apartment communities offering 144 affordable apartments for rent in Rosebud, Texas. Rosebud features 144 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 0 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Rosebud.

Sourced from federal housing data and AffordableHousingOnline.com research.

Rosebud, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 144
Total Housing Units with Rental Assistance 144
Percentage of Housing Units Occupied By Renters 34.73%
Average Renter Household Size 3.67
Average Household Size 3.16
Median Household Income $32,250 ±$5,367
Median Rent $643 ±$83
Percentage Of Renters Overburdened 40.94% ± 20.37pp
Total Population 1,401

Population and Household Demographics

Rosebud is a City in Falls County, Texas with a population of 1,401. There are 429 households in the city with an average household size of 3.16 persons. 34.73% of households in Rosebud are renters.

Income and Rent Overburden in Rosebud

The median gross income for households in Rosebud is $32,250 a year, or $2,688 a month. The median rent for the city is $643 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Rosebud, a household making less than $2,143 a month would be considered overburdened when renting an apartment at or above the median rent. 40.94% of households who rent are overburdened in Rosebud.1

Area Median Income In Rosebud

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 Rosebud, the AMI is calculated from all households within Falls County.

In Rosebud, HUD calculates the Area Median Income for a family of four as $53,100

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 Rosebud

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 Rosebud HUD Rental Assistance in Rosebud

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $30,170 $34,050 $36,400 $38,750
50% of Median $20,550 $23,500 $26,450 $29,350 $31,700 $34,050 $36,400 $38,750
80% of Median $32,900 $37,600 $42,300 $46,950 $50,750 $54,500 $58,250 $62,000

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 Rosebud

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $20,550 $23,500 $26,450 $29,350 $31,700 $34,050 $36,400 $38,750
60% of Median $24,660 $28,200 $31,740 $35,220 $38,040 $40,860 $43,680 $46,500

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 Rosebud is $31,740 a year, or $2,645 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,645 by 30% to get a maximum rent of $794 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% $514 $551 $661 $763 $851 $939
60% $617 $661 $794 $916 $1,022 $1,127
Fair Market Rents in Rosebud

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
$517 $542 $714 $916 $1,101