Low Income Apartments In Taylor County

Low Income Apartments In Taylor County

Indian Run

3549 Cedar Run Road
Abilene, TX
1-2 BR

Prairie Gardens Apartment Homes

2109 N 6th St
Abilene, TX
1-2 BR
HCV Welcome

Anson Park Apartments I

2934 Old Anson Rd
Abilene, TX
2-3 BR
HCV Welcome

Anson Park Seniors

2249 Vogel St
Abilene, TX
1-2 BR
HCV Welcome

Anson Park Apartments II

2934 Old Anson Rd
Abilene, TX
1-3 BR
HCV Welcome

Carver Plaza

233 Washington Blvd
Abilene, TX
Elderly Supportive Housing

Abilene North Apartments, Ltd

2411 N Willis St
Abilene, TX

Pleasantville Apartments

732 N 1st
Merkel, TX

The Arbors at Rose Park

2702 S 7th St
Abilene, TX
HCV Welcome

La Ventana Apartments

2401 Union Ln
Abilene, TX
HCV Welcome

There are 16 low income housing apartment complexes which contain 1,834 affordable apartments for rent in Taylor County, Texas. Many of these rental apartments are income based housing with about 424 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 130 Project-Based Section 8 subsidized apartments in Taylor County. There are 1,154 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Other Housing Authorities located in Taylor County

Housing Authority Programs
Housing Authority of Merkel Section 8 Housing Choice Voucher; Public Housing
Abilene Housing Authority Section 8 Housing Choice Voucher; Public Housing

Guide To Affordable Housing in Taylor County, Texas

Taylor County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 16
Total Low Income Apartments 1,834
Total Rent Assisted Apartments 424
Percentage of Housing Units Occupied By Renters 39.97%
Average Renter Household Size 2.55
Total Population 134,435
Housing Units 49,476
Average Household Size 2.59
Median Household Income $45,396 ±$1,528
Median Rent $778 ±$19
Percentage Of Renters Overburdened 44.31% ± 3.17pp

Population and Household Demographics

Taylor County is a County in Texas with a population of 134,435. There are 49,476 households in the county with an average household size of 2.59 persons. 39.97% of households in Taylor County are renters.

Income and Rent Overburden in Taylor County

The median gross income for households in Taylor County is $45,396 a year, or $3,783 a month. The median rent for the county is $778 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Taylor County, a household making less than $2,593 a month would be considered overburdened when renting an apartment at or above the median rent. 44.31% of households who rent are overburdened in Taylor County.1

Area Median Income In Taylor 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 Taylor County, HUD calculates the Area Median Income for a family of four as $63,900

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 Taylor 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 Taylor County HUD Rental Assistance in Taylor County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,150 $16,460 $20,780 $25,100 $29,420 $33,740 $38,060 $41,250
50% of Median $21,900 $25,000 $28,150 $31,250 $33,750 $36,250 $38,750 $41,250
80% of Median $35,000 $40,000 $45,000 $50,000 $54,000 $58,000 $62,000 $66,000
Low Income Housing Tax Credits in Taylor County

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

From 1991 to 2007, 7 low income apartment communities containing 1,083 rental apartments have been constructed and made affordable to low income persons in Taylor County 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 Taylor County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $26,280 $30,000 $33,780 $37,500 $40,500 $43,500 $46,500 $49,500

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 Taylor County is $33,780 a year, or $2,815 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,815 by 30% to get a maximum rent of $845 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% $548 $586 $704 $813 $906 $1,000
60% $657 $704 $845 $975 $1,088 $1,200
Fair Market Rents in Taylor County

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
$598 $621 $822 $1,064 $1,367

Cities In Taylor County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Merkel 1 The HUD funded Public Housing Agency that serves Merkel is the Housing Authority of Merkel.
Abilene 15 The HUD funded Public Housing Agency that serves Abilene is the Abilene Housing Authority.
Buffalo Gap 0
Impact 0
Lawn 0
Potosi 0
Trent 0
Tuscola 0
Tye 0