Low Income Apartments In Ward County
Texas

Low Income Apartments In Ward County

Mission Village of Monahans

1210 E Sealy Ave
Monahans, TX
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There are 1 low income housing apartment complexes which contain 49 affordable apartments for rent in Ward County. Many of these rental apartments are income based housing with 0 apartments that set rent based on your income. In Ward County, HUD housing programs support 0 rental assistance apartments through programs like Project-based Section 8. There are 49 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 Ward County

Housing Authority Programs
Housing Authority of Grandfalls Public Housing
Housing Authority of the City of Monahans Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Ward County, Texas

Ward County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 49
Total Rent Assisted Apartments 0
Percentage of Housing Units Occupied By Renters 27.12%
Average Renter Household Size 2.72
Total Population 11,225
Housing Units 3,883
Average Household Size 2.86
Median Household Income $51,345 ±$2,868
Median Rent $651 ±$65
Percentage Of Renters Overburdened 22.22% ± 8.18pp

Population and Household Demographics

Ward County is a County in Texas with a population of 11,225. There are 3,883 households in the county with an average household size of 2.86 persons. 27.12% of households in Ward County are renters.

Income and Rent Overburden in Ward County

The median gross income for households in Ward County is $51,345 a year, or $4,279 a month. The median rent for the county is $651 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Ward County, a household making less than $2,170 a month would be considered overburdened when renting an apartment at or above the median rent. 22.22% of households who rent are overburdened in Ward County.1

Area Median Income In Ward 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 Ward County, HUD calculates the Area Median Income for a family of four as $78,100

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 Ward 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 Ward County HUD Rental Assistance in Ward County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,550 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $24,250 $27,700 $31,150 $34,600 $37,400 $40,150 $42,950 $45,700
80% of Median $38,750 $44,250 $49,800 $55,300 $59,750 $64,150 $68,600 $73,000

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 Ward County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $29,100 $33,240 $37,380 $41,520 $44,880 $48,180 $51,540 $54,840

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 Ward County is $37,380 a year, or $3,115 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,115 by 30% to get a maximum rent of $935 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% $606 $649 $779 $900 $1,004 $1,108
60% $728 $779 $935 $1,080 $1,205 $1,330
Fair Market Rents in Ward 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
$547 $591 $728 $918 $1,122

Cities In Ward County

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City Listings Served By
Monahans 1