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Affordable Housing In Trenton
Fannin County, Texas

1 Low Income Apartment Communities In Trenton

503 Ballentine St

503 Ballentine St
Trenton, Texas
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Housing Authorities that serve Trenton

Housing Authority Programs
Texoma Council of Governments Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-Sufficiency

Guide To Affordable Housing in Trenton, Texas

There are 1 low income housing apartment communities offering 17 affordable apartments for rent in Trenton, Texas.

Income Based Apartments in Trenton, Texas

Trenton features 17 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 Trenton, Texas

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Trenton.

Housing Choice Vouchers in Trenton, Texas

On average, Section 8 Housing Choice vouchers pay Trenton landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Trenton.

The maximum amount a voucher would pay on behalf of a low-income tenant in Trenton, Texas for a two-bedroom apartment is between $668 and $816.

2020 Trenton, 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 $550 $563 $742 $1,039 $1,133
Payment Standard Range $495 to $605 $507 to $619 $668 to $816 $935 to $1,143 $1,020 to $1,246

Sourced from federal housing data and AffordableHousingOnline.com research.

Trenton, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 17
Total Housing Units with Rental Assistance 17
Percentage of Housing Units Occupied By Renters 36.13%
Average Renter Household Size 2.46
Average Household Size 2.50
Median Household Income $33,611 ±$19,341
Median Rent $637 ±$83
Percentage Of Renters Overburdened 59.82% ± 36.25pp
Total Population 775

Population and Household Demographics

Trenton is a city in Fannin County, Texas with a population of 775. There are 310 households in the city with an average household size of 2.50 persons. 36.13% of households in Trenton are renters.

Income and Rent Overburden in Trenton

The median gross income for households in Trenton is $33,611 a year, or $2,801 a month. The median rent for the city is $637 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Trenton, a household making less than $2,123 a month would be considered overburdened when renting an apartment at or above the median rent. 59.82% of households who rent are overburdened in Trenton.

Area Median Income In Trenton

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 Trenton, the AMI is calculated from all households within Fannin County.

In Trenton, HUD calculates the Area Median Income for a family of four as $63,200

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 Trenton

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 Trenton

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 $39,200 $41,750
50% of Median $22,150 $25,300 $28,450 $31,600 $34,150 $36,700 $39,200 $41,750
80% of Median $35,400 $40,450 $45,500 $50,550 $54,600 $58,650 $62,700 $66,750