Low Income Apartments and Affordable Housing For Rent in Royse City, TX

Discover affordable housing in Royse City where there are 4+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Regal Apartments

330 N Erby Campbell Blvd, Royse City, Texas 75189

Cypress Creek Apartment Homes at Parker Boulevard

7000 W Interstate 30, Royse City, Texas 75189

Cypress Creek Apartment Homes at Parker Creek North

7000 West Interstate 30, Royse City, Texas 75189

305 N Houston St Public Housing

305 N Houston St, Royse City, Texas 75189

calendar_today Opened: Jan 21
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Royse City, Texas
$33.30/hour
$26.05 (+359%) more than Texas minimum wage and $26.05 (+359%) more than the Federal minimum wage.
Learn More About Royse City, Texas Affordable Housing ↓

What HUD offices serve Royse City, Texas?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Section 8 Project-Based Voucher (PBV), Mainstream Voucher programs for Royse City, Texas.
Operates the Public Housing programs for Royse City, Texas.

Go to the Texas Public Housing and Low-Income Apartments Waiting Lists page for openings near Royse City.

How many renters live in Royse City, Texas?

The City of Royse City has 15,051 people living in 5,208 households.

There are 2,262 renters living in 672 renter households in this City. Renters make up 15.03 percent of the population living in Royse City.

What is the rental market like in Royse City, Texas?

There are an estimated 5,509 housing units in the Royse City area. Of these, 737 units are rental homes, making up 13 percent of the housing market. For every renter household in Royse City, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Royse City?

The rental vacancy rate in Royse City is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Royse City for each bedroom size?

Occupied Rental Units by Size in Royse City
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
14 60 168 177 239
Occupied Rental Units by Size in Royse City

A large number of apartments in Royse City have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Royse City are overburdened by housing costs?

Among renter households in this market, 44 percent have housing cost burden. Further, 23 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Royse City

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,426 to $2,847. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,426
One BR $1,500
Two BR $1,758
Three BR $2,212
Four BR $2,847
2024 Fair Market Rents in Royse City, Texas

How many units are rented at Fair Market Rent (FMR) in Royse City?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 12 86 percent
One BR 60 100 percent
Two BR 108 64 percent
Rental Units Below FMR in Royse City, Texas

How many affordable rental units are in Royse City?

There are a variety of federal affordable housing programs serving households in Royse City, Texas including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 32
Public Housing 47
USDA Section 515 Rural Rental Housing 32
Tracked Units by Federal Program in Royse City, Texas

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Royse City, Texas

Royse City features 79 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 Royse City, Texas

There are 220 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Royse City.

Housing Choice Vouchers in Royse City, Texas

On average, Section 8 Housing Choice vouchers pay Royse City landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Royse City.

The maximum amount a voucher would pay on behalf of a low-income tenant in Royse City, Texas for a two-bedroom apartment is between $1,582 and $1,934.

Sourced from federal housing data and AffordableHousingOnline.com research.