Affordable Housing In Tarrant County
62 Low Income Apartment Communities In Tarrant County
Housing Authorities that serve Tarrant County
|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 Tarrant County, Texas
There are 62 low income housing apartment communities offering 9,463 affordable apartments for rent in Tarrant County, Texas.
Income Based Apartments in Tarrant County, Texas
Tarrant County features 713 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 Tarrant County, Texas
There are 8,421 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Tarrant County.
Housing Choice Vouchers in Tarrant County, Texas
On average, Section 8 Housing Choice vouchers pay Tarrant County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Tarrant County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Tarrant County, Texas for a two-bedroom apartment is between $1,118 and $1,366.
2021 Tarrant County, 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|
|Tarrant County, Texas Fair Market Rent||$901||$1,021||$1,242||$1,661||$2,077|
|Tarrant County, Texas Payment Standard Range||$811 to $991||$919 to $1,123||$1,118 to $1,366||$1,495 to $1,827||$1,869 to $2,285|
Sourced from federal housing data and AffordableHousingOnline.com research.
Tarrant County, TX Affordable Housing Snapshot
|Total Affordable Apartment Properties||62|
|Total Low Income Apartments||9,463|
|Total Housing Units with Rental Assistance||713|
|Percentage of Housing Units Occupied By Renters||39.07%|
|Average Renter Household Size||2.58|
|Average Household Size||2.81|
|Median Household Income||$58,711 ±$488|
|Median Rent||$913 ±$8|
|Percentage Of Renters Overburdened||46.16% ± 0.87pp|
Population and Household Demographics
Tarrant County is a county in Texas with a population of 1,914,526. There are 673,737 households in the county with an average household size of 2.81 persons. 39.07% of households in Tarrant County are renters.
Income and Rent Overburden in Tarrant County
The median gross income for households in Tarrant County is $58,711 a year, or $4,893 a month. The median rent for the county is $913 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Tarrant County, a household making less than $3,043 a month would be considered overburdened when renting an apartment at or above the median rent. 46.16% of households who rent are overburdened in Tarrant County.
Area Median Income In Tarrant 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 Tarrant County, 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 Tarrant 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 HUD Rental Assistance in Tarrant County
|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 Tarrant County AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Tarrant County AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Tarrant County AMI may qualify for rental assistance programs that target Low Income households.
Cities In Tarrant County
Select A City to View its Apartment Communities and Waiting Lists.