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Affordable Housing In Wharton
Wharton County, Texas

6 Low Income Apartment Communities In Wharton

Meadows Apartments

501 Willow Ln
Wharton, Texas
Subsidized

Pecan Village (University Place Apartments)

310 University St
Wharton, Texas
Subsidized

Morning Star Apartments

1520 Barfield Rd
Wharton, Texas
Subsidized
62+
Accessible
Elderly Supportive Housing

M536268, 1720 Red River

1821 Red River Ave
Wharton, Texas

Wharton Square

1510 Barfield Rd
Wharton, Texas
Subsidized

Fountainhead Wharton Apartments

526 Wilkes St
Wharton, Texas
Subsidized
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Housing Authorities that serve Wharton

Housing Authority Programs
Texas Department of Housing and Community Affairs Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Wharton, Texas

There are 6 low income housing apartment communities offering 305 affordable apartments for rent in Wharton, Texas.

Income Based Apartments in Wharton, Texas

Wharton features 260 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 Wharton, Texas

There are 45 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wharton.

Housing Choice Vouchers in Wharton, Texas

On average, Section 8 Housing Choice vouchers pay Wharton landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Wharton.

The maximum amount a voucher would pay on behalf of a low-income tenant in Wharton, Texas for a two-bedroom apartment is between $645 and $789.

2020 Wharton, 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 $612 $614 $717 $933 $1,259
Payment Standard Range $551 to $673 $553 to $675 $645 to $789 $840 to $1,026 $1,133 to $1,385

Sourced from federal housing data and AffordableHousingOnline.com research.

Wharton, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 305
Total Housing Units with Rental Assistance 260
Percentage of Housing Units Occupied By Renters 55.24%
Average Renter Household Size 2.57
Average Household Size 2.60
Median Household Income $29,797 ±$8,643
Median Rent $654 ±$31
Percentage Of Renters Overburdened 42.15% ± 7.17pp
Total Population 8,733

Population and Household Demographics

Wharton is a city in Wharton County, Texas with a population of 8,733. There are 3,264 households in the city with an average household size of 2.60 persons. 55.24% of households in Wharton are renters.

Income and Rent Overburden in Wharton

The median gross income for households in Wharton is $29,797 a year, or $2,483 a month. The median rent for the city is $654 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Wharton, a household making less than $2,180 a month would be considered overburdened when renting an apartment at or above the median rent. 42.15% of households who rent are overburdened in Wharton.

Area Median Income In Wharton

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 Wharton, the AMI is calculated from all households within Wharton County.

In Wharton, HUD calculates the Area Median Income for a family of four as $61,000

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 Wharton

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 Wharton

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,850 $17,240 $21,720 $26,200 $30,680 $35,160 $37,850 $40,300
50% of Median $21,350 $24,400 $27,450 $30,500 $32,950 $35,400 $37,850 $40,300
80% of Median $34,200 $39,050 $43,950 $48,800 $52,750 $56,650 $60,550 $64,450