Affordable Housing In Saginaw
Tarrant County, Texas

1 Low Income Apartment Communities In Saginaw

Section 8 Vouchers, Apartments, and Waiting Lists in Saginaw, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Saginaw, Texas

Housing Authority	Programs
Tarrant County Housing Assistance Office	Section 8 Housing Choice Voucher (HCV)
Dallas Housing Authority	Section 8 Housing Choice Voucher (HCV); Public Housing; Section 8 Project-Based Voucher (PBV)

Guide To Affordable Housing in Saginaw, Texas

There are 1 low income housing apartment communities offering 194 affordable apartments for rent in Saginaw, Texas.

Income Based Apartments in Saginaw, Texas

Saginaw features 0 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 Saginaw, Texas

There are 194 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Saginaw.

Housing Choice Vouchers in Saginaw, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Saginaw, Texas for a two-bedroom apartment is between $1,142 and $1,396.

2022 Saginaw, Texas Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

	Studio	One BR	Two BR	Three BR	Four BR
Saginaw, Texas Fair Market Rent	$939	$1,064	$1,269	$1,685	$2,098
Saginaw, Texas Payment Standard Range	$845 to $1,033	$958 to $1,170	$1,142 to $1,396	$1,517 to $1,854	$1,888 to $2,308

Sourced from federal housing data and AffordableHousingOnline.com research.

Saginaw, TX Affordable Housing Snapshot

Total Affordable Apartment Properties	1
Total Low Income Apartments	194
Total Housing Units with Rental Assistance	0
Percentage of Housing Units Occupied By Renters	22.98%
Average Renter Household Size	3.13
Average Household Size	3.15
Median Household Income	$74,903 ±$3,758
Median Rent	$1,120 ±$79
Percentage Of Renters Overburdened	47.39% ± 13.09pp
Total Population	21,270

Population and Household Demographics

Saginaw is a city in Tarrant County, Texas with a population of 21,270. There are 6,749 households in the city with an average household size of 3.15 persons. 22.98% of households in Saginaw are renters.

Income and Rent Overburden in Saginaw

The median gross income for households in Saginaw is $74,903 a year, or $6,242 a month. The median rent for the city is $1,120 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Saginaw, a household making less than $3,733 a month would be considered overburdened when renting an apartment at or above the median rent. 47.39% of households who rent are overburdened in Saginaw.

Area Median Income In Saginaw

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 Saginaw, the AMI is calculated from all households within Tarrant County.

In Saginaw, HUD calculates the Area Median Income for a family of four as $80,800

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 Saginaw

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 HUD Rental Assistance in Saginaw

	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30% AMI Income Limits Renters earning up to 30% of the Saginaw AMI may qualify for rental assistance programs that target Extremely Low Income households.	$17,000	$19,400	$21,960	$26,500	$31,040	$35,580	$40,120	$44,660
50% AMI Income Limits Renters earning up to 50% of the Saginaw AMI may qualify for rental assistance programs that target Very Low Income households.	$28,300	$32,350	$36,400	$40,400	$43,650	$46,900	$50,100	$53,350
80% AMI Income Limits Renters earning up to 80% of the Saginaw AMI may qualify for rental assistance programs that target Low Income households.	$45,300	$51,750	$58,200	$64,650	$69,850	$75,000	$80,200	$85,350