Low Income Apartments and Affordable Housing For Rent in Tarrant County, TX

Discover affordable housing in Tarrant County where there are 87+ 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.

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 Tarrant County, Texas
$30.63/hour
$23.38 (+322%) more than Texas minimum wage and $23.38 (+322%) more than the Federal minimum wage.
Learn More About Tarrant County, Texas Affordable Housing ↓

What HUD offices serve Tarrant County, 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 Tarrant County, Texas.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Tarrant County, Texas.

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

How many renters live in Tarrant County, Texas?

The County of Tarrant County has 2,154,595 people living in 787,083 households.

There are 719,021 renters living in 310,969 renter households in this County. Renters make up 33.37 percent of the population living in Tarrant County.

What is the rental market like in Tarrant County, Texas?

There are an estimated 844,000 housing units in the Tarrant County area. Of these, 341,259 units are rental homes, making up 40 percent of the housing market. For every renter household in Tarrant County, Texas, there are 1 rental units.

What is the vacancy rate for rentals in Tarrant County?

The rental vacancy rate in Tarrant County is 7 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 Tarrant County for each bedroom size?

Occupied Rental Units by Size in Tarrant County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
15,869 100,062 108,060 68,374 16,603
Occupied Rental Units by Size in Tarrant County

A large number of apartments in Tarrant County 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 Tarrant County are overburdened by housing costs?

Among renter households in this market, 54 percent have housing cost burden. Further, 25 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 Tarrant County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,266 to $2,615. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,266
One BR $1,384
Two BR $1,617
Three BR $2,144
Four BR $2,615
2024 Fair Market Rents in Tarrant County, Texas

How many units are rented at Fair Market Rent (FMR) in Tarrant County?

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 8,854 56 percent
One BR 66,114 66 percent
Two BR 60,644 56 percent
Rental Units Below FMR in Tarrant County, Texas

How many affordable rental units are in Tarrant County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 23,806
Public Housing 264
Section 8 Project-Based Rental Assistance 3,354
Mod Rehab Project-Based Rental Assistance 32
Section 202 Supportive Housing for the Elderly 438
Section 811 Supportive Housing for Persons with Disabilities 110
USDA Section 515 Rural Rental Housing 485
Tracked Units by Federal Program in Tarrant County, Texas

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

Income Based Apartments in Tarrant County, Texas

Tarrant County features 1,669 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 11,204 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 $1,455 and $1,779.

Sourced from federal housing data and AffordableHousingOnline.com research.