Low Income Apartments In Wharton County
Texas

Low Income Apartments In Wharton County

There are 10 low income housing apartment complexes which contain 605 affordable apartments for rent in Wharton County, Texas. Many of these rental apartments are income based housing with about 448 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 164 Project-Based Section 8 subsidized apartments in Wharton County. There are 157 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Housing Authorities that serve Wharton County

Other Housing Authorities located in Wharton County

Guide To Affordable Housing in Wharton County, Texas

Wharton County, TX Affordable Housing Snapshot

Population and Household Demographics

Wharton County is a County in Texas with a population of 41,264. There are 14,741 households in the county with an average household size of 2.77 persons. 32.3% of households in Wharton County are renters.

Income and Rent Overburden in Wharton County

The median gross income for households in Wharton County is $45,176 a year, or $3,765 a month. The median rent for the county is $678 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Wharton County, a household making less than $2,260 a month would be considered overburdened when renting an apartment at or above the median rent. 33.17% of households who rent are overburdened in Wharton County.¹

Area Median Income In Wharton 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 Wharton County, HUD calculates the Area Median Income for a family of four as $56,000

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 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 Wharton County HUD Rental Assistance in Wharton County

Low Income Housing Tax Credits in Wharton County

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

From 1989 to 2006, 3 low income apartment communities containing 258 rental apartments have been constructed and made affordable to low income persons in Wharton 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 Wharton 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 Wharton County is $30,540 a year, or $2,545 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,545 by 30% to get a maximum rent of $764 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 Wharton 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