Affordable Housing In Van Zandt County
Texas

12 Low Income Apartment Communities In Van Zandt County

Canton Village Homes

13950 FM 859
Canton, TX
$560-765
1-3 BR
HCV Welcome

Edgewood Estates Apartments

503 Crooked Creek Rd
Edgewood, TX
Call For Rent
1-2 BR
HCV Welcome
Subsidized

Oaks of Westview Apartments

1201 W. College Street
Canton, TX
HCV Welcome

Westview Apartments

1201 W College St
Canton, TX
Subsidized

600 Circle Dr

600 Circle Dr
Grand Saline, TX

Edgewood Seniors Community

300 E Elm St
Edgewood, TX
HCV Welcome

Van Senior Citizens

805 E Pennsylvania Ave
Van, TX
HCV Welcome

350 E Kansas St

350 E Kansas St
Van, TX

Wills Pt Crossing the Ashcroft Group

501 Lake Dr
Wills Point, TX
HCV Welcome

Spring Creek Apartments

404 Clearwater Rd
Grand Saline, TX
Subsidized

Housing Authorities that serve Van Zandt County

Housing Authority Programs
Housing Authority of Edgewood Section 8 Housing Choice Voucher (HCV); Public Housing

Other Housing Authorities located in Van Zandt County

Housing Authority Programs
Housing Authority of Wills Point Section 8 Housing Choice Voucher (HCV); Public Housing
Housing Authority of Grand Saline Public Housing
Housing Authority of Van Public Housing
Housing Authority of Fruitvale Public Housing

Guide To Affordable Housing in Van Zandt County, Texas

There are 12 low income housing apartment communities offering 580 affordable apartments for rent in Van Zandt County, Texas. Van Zandt County features 328 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 252 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Van Zandt County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Van Zandt County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 12
Total Low Income Apartments 580
Total Housing Units with Rental Assistance 328
Percentage of Housing Units Occupied By Renters 22.03%
Average Renter Household Size 2.75
Average Household Size 2.79
Median Household Income $44,002 ±$3,095
Median Rent $711 ±$58
Percentage Of Renters Overburdened 41.36% ± 5.09pp
Total Population 52,736

Population and Household Demographics

Van Zandt County is a County in Texas with a population of 52,736. There are 18,613 households in the county with an average household size of 2.79 persons. 22.03% of households in Van Zandt County are renters.

Income and Rent Overburden in Van Zandt County

The median gross income for households in Van Zandt County is $44,002 a year, or $3,667 a month. The median rent for the county is $711 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Van Zandt County, a household making less than $2,370 a month would be considered overburdened when renting an apartment at or above the median rent. 41.36% of households who rent are overburdened in Van Zandt County.1

Area Median Income In Van Zandt 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 Van Zandt County, HUD calculates the Area Median Income for a family of four as $60,500

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 Van Zandt 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 Van Zandt County HUD Rental Assistance in Van Zandt County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,750 $16,910 $21,330 $25,750 $30,170 $34,590 $37,550 $39,950
50% of Median $21,200 $24,200 $27,250 $30,250 $32,700 $35,100 $37,550 $39,950
80% of Median $33,900 $38,750 $43,600 $48,400 $52,300 $56,150 $60,050 $63,900
Low Income Housing Tax Credits in Van Zandt 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 1997, 6 low income apartment communities containing 162 rental apartments have been constructed and made affordable to low income persons in Van Zandt 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 Van Zandt County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $21,200 $24,200 $27,250 $30,250 $32,700 $35,100 $37,550 $39,950
60% of Median $25,440 $29,040 $32,700 $36,300 $39,240 $42,120 $45,060 $47,940

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 Van Zandt County is $32,700 a year, or $2,725 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,725 by 30% to get a maximum rent of $818 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% $530 $568 $681 $787 $878 $969
60% $636 $681 $818 $944 $1,053 $1,163
Fair Market Rents in Van Zandt 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.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$568 $582 $766 $1,054 $1,131

Cities In Van Zandt County

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

City Listings Served By
Edgewood 2 The HUD funded Public Housing Agency that serves Edgewood is the Housing Authority of Edgewood.
Wills Point 3 The HUD funded Public Housing Agencies that serve Wills Point are the Housing Authority of Wills Point and Housing Authority of Edgewood.
Grand Saline 2 The HUD funded Public Housing Agencies that serve Grand Saline are the Housing Authority of Grand Saline and Housing Authority of Edgewood.
Van 2 The HUD funded Public Housing Agencies that serve Van are the Housing Authority of Van and Housing Authority of Edgewood.
Canton 3 The HUD funded Public Housing Agency that serves Canton is the Housing Authority of Edgewood.
Callender Lake 0 The HUD funded Public Housing Agency that serves Callender Lake is the Housing Authority of Edgewood.
Edom 0 The HUD funded Public Housing Agency that serves Edom is the Housing Authority of Edgewood.
Fruitvale 0 The HUD funded Public Housing Agency that serves Fruitvale is the Housing Authority of Edgewood.
Myrtle Springs 0 The HUD funded Public Housing Agency that serves Myrtle Springs is the Housing Authority of Edgewood.