Affordable Housing In Round Rock
Travis County, Texas

7 Low Income Apartment Communities In Round Rock

Trinity Place

1203 Cushing Dr
Round Rock, TX
62+
Accessible
Elderly Supportive Housing
Subsidized

Chisholm Trail Apartments

1525 Chisholm Trl
Round Rock, TX
Subsidized

Round Rock Village Oak Apartments

900 Westwood Dr
Round Rock, TX
HCV Welcome

Henna Townhomes

2500 Louis Henna Blvd
Round Rock, TX
HCV Welcome

Meadow Ridge Apartments

2501 Louis Henna Blvd
Round Rock, TX
HCV Welcome

Red Hills Villas

1401 S A W Grimes Blvd
Round Rock, TX
HCV Welcome

Cushing Center

1503 Lance Ln
Round Rock, TX
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There are 7 low income housing apartment complexes which contain 802 affordable apartments for rent in Round Rock. Many of these rental apartments are income based housing with 218 apartments that set rent based on your income. In Round Rock, HUD housing programs support 50 rental assistance apartments through programs like Project-based Section 8. There are 584 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Round Rock

Housing Authority Programs
Round Rock Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Housing Authority of Travis County Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Round Rock, Texas

Round Rock, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 802
Total Rent Assisted Apartments 218
Percentage of Housing Units Occupied By Renters 38.99%
Average Renter Household Size 2.79
Total Population 109,690
Housing Units 35,580
Average Household Size 3.07
Median Household Income $72,412 ±$2,189
Median Rent $1,040 ±$32
Percentage Of Renters Overburdened 44.33% ± 4pp

Population and Household Demographics

Round Rock is a City in Travis County, Texas with a population of 109,690. There are 35,580 households in the city with an average household size of 3.07 persons. 38.99% of households in Round Rock are renters.

Income and Rent Overburden in Round Rock

The median gross income for households in Round Rock is $72,412 a year, or $6,034 a month. The median rent for the city is $1,040 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Round Rock, a household making less than $3,467 a month would be considered overburdened when renting an apartment at or above the median rent. 44.33% of households who rent are overburdened in Round Rock.1

Area Median Income In Round Rock

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 Round Rock, the AMI is calculated from all households within Travis County.

In Round Rock, HUD calculates the Area Median Income for a family of four as $95,900

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 Round Rock

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 Round Rock HUD Rental Assistance in Round Rock

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $19,900 $22,750 $25,600 $28,400 $30,700 $34,590 $39,010 $43,430
50% of Median $33,150 $37,850 $42,600 $47,300 $51,100 $54,900 $58,700 $62,450
80% of Median $52,850 $60,400 $67,950 $75,500 $81,550 $87,600 $93,650 $99,700
Low Income Housing Tax Credits in Round Rock

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

From 1991 to 2002, 4 low income apartment communities containing 446 rental apartments have been constructed and made affordable to low income persons in Round Rock 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 Round Rock

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $33,150 $37,850 $42,600 $47,300 $51,100 $54,900 $58,700 $62,450
60% of Median $39,780 $45,420 $51,120 $56,760 $61,320 $65,880 $70,440 $74,940

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 Round Rock is $51,120 a year, or $4,260 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $4,260 by 30% to get a maximum rent of $1,278 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% $829 $888 $1,065 $1,230 $1,373 $1,514
60% $995 $1,065 $1,278 $1,476 $1,647 $1,817
Fair Market Rents in Round Rock

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
$931 $1,086 $1,315 $1,734 $2,099