Affordable Housing In Travis County
Texas

144 Low Income Apartment Communities In Travis County

There are 144 low income housing apartment complexes which contain 16,768 affordable apartments for rent in Travis County. Many of these rental apartments are income based housing with 4,584 apartments that set rent based on your income. In Travis County, HUD housing programs support 1,951 rental assistance apartments through programs like Project-based Section 8. There are 11,502 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Travis County

Other Housing Authorities located in Travis County

Guide To Affordable Housing in Travis County, Texas

Travis County, TX Affordable Housing Snapshot

Population and Household Demographics

Travis County is a County in Texas with a population of 1,121,645. There are 428,220 households in the county with an average household size of 2.57 persons. 48.29% of households in Travis County are renters.

Income and Rent Overburden in Travis County

The median gross income for households in Travis County is $61,451 a year, or $5,121 a month. The median rent for the county is $1,054 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Travis County, a household making less than $3,513 a month would be considered overburdened when renting an apartment at or above the median rent. 47.89% of households who rent are overburdened in Travis County.¹

Area Median Income In Travis 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 Travis County, HUD calculates the Area Median Income for a family of four as $95,900

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 Travis 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 Travis County HUD Rental Assistance in Travis County

Low Income Housing Tax Credits in Travis County

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

From 1987 to 2007, 88 low income apartment communities containing 9,372 rental apartments have been constructed and made affordable to low income persons in Travis 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 Travis County

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 Travis County is $51,120 a year, or $4,260 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $4,260 by 30% to get a maximum rent of $1,278 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.

Fair Market Rents in Travis 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