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Affordable Housing In Texarkana
Bowie County, Texas

9 Low Income Apartment Communities In Texarkana

Renaissance Plaza

1100 Dan Haskins Way
Texarkana, Texas
Call For Rent
1-2 BR
62+

Robison Terrace

1010 Dan Haskins Way
Texarkana, Texas
Call For Rent
1-2 BR

Sunset Apartments

1601 Allen Ln
Texarkana, Texas
Subsidized

Town North Apartments

4624 Elizabeth St
Texarkana, Texas
Subsidized

Lakeridge Apartments

3708 S Lake Dr
Texarkana, Texas

Griff King Homes

1125 Stuckey St
Texarkana, Texas

Covington Homes

3131 Bright St
Texarkana, Texas

The Oaks at Rosehill

1210 Milam St
Texarkana, Texas

Pecan Ridge

NW Corner of Milam 15th St
Texarkana, Texas
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Housing Authorities that serve Texarkana

Housing Authority Programs
Housing Authority of Texarkana Section 8 Housing Choice Voucher (HCV); Public Housing
Bowie County Housing Authority Public Housing
Ark-Tex Council of Governments Section 8 Housing Choice Voucher (HCV)
Bowie County Housing Authority Public Housing

Guide To Affordable Housing in Texarkana, Texas

There are 9 low income housing apartment communities offering 1,046 affordable apartments for rent in Texarkana, Texas.

Income Based Apartments in Texarkana, Texas

Texarkana features 560 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 Texarkana, Texas

There are 366 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Texarkana.

Housing Choice Vouchers in Texarkana, Texas

On average, Section 8 Housing Choice vouchers pay Texarkana landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Texarkana.

The maximum amount a voucher would pay on behalf of a low-income tenant in Texarkana, Texas for a two-bedroom apartment is between $713 and $871.

2020 Texarkana, 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
Fair Market Rent $611 $624 $792 $996 $1,286
Payment Standard Range $550 to $672 $562 to $686 $713 to $871 $896 to $1,096 $1,157 to $1,415

Sourced from federal housing data and AffordableHousingOnline.com research.

Texarkana, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 9
Total Low Income Apartments 1,046
Total Housing Units with Rental Assistance 560
Percentage of Housing Units Occupied By Renters 44.92%
Average Renter Household Size 2.39
Average Household Size 2.63
Median Household Income $39,113 ±$2,345
Median Rent $706 ±$36
Percentage Of Renters Overburdened 52.48% ± 5.11pp
Total Population 37,088

Population and Household Demographics

Texarkana is a city in Bowie County, Texas with a population of 37,088. There are 13,666 households in the city with an average household size of 2.63 persons. 44.92% of households in Texarkana are renters.

Income and Rent Overburden in Texarkana

The median gross income for households in Texarkana is $39,113 a year, or $3,259 a month. The median rent for the city is $706 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Texarkana, a household making less than $2,353 a month would be considered overburdened when renting an apartment at or above the median rent. 52.48% of households who rent are overburdened in Texarkana.

Area Median Income In Texarkana

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 Texarkana, the AMI is calculated from all households within Bowie County.

In Texarkana, HUD calculates the Area Median Income for a family of four as $69,800

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 Texarkana

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 Texarkana

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,300 $17,240 $21,720 $26,200 $30,680 $35,160 $39,250 $41,800
50% of Median $22,200 $25,350 $28,500 $31,650 $34,200 $36,750 $39,250 $41,800
80% of Median $35,500 $40,550 $45,600 $50,650 $54,750 $58,800 $62,850 $66,900