Low Income Apartments In Wichita County
Texas

Low Income Apartments In Wichita County

Parkstone Senior Village

1727 Rathgeber Rd
Wichita Falls, TX
$481-600
1-2 BR
HCV Welcome

Green Briar Apartments

901 Airport Drive
Wichita Falls, TX
$475-650
1-3 BR
HCV Welcome

Royal Gardens Apartments

4606 Johnson Rd
Wichita Falls, TX
Call For Rent
1-3 BR
HCV Welcome

Cascade Villas

4822 Fairway Blvd
Wichita Falls, TX
Call For Rent
2-3 BR
HCV Welcome

Electra Village Apartments

100 S Prairie Cir
Electra, TX
HCV Welcome

Reserves at Summit West

4558 Barnett Rd
Wichita Falls, TX
HCV Welcome

Indian Falls Apartments

4540 Barnett Rd
Wichita Falls, TX
Subsidized

Midtown Manor Inc

400 Burnett St
Wichita Falls, TX
62+
Accessible
Elderly Supportive Housing
Subsidized

Sun Valley

1315 Central Fwy E
Wichita Falls, TX
Subsidized

Electra Village

100 South Prairie Circle
Electra, TX

There are 26 low income housing apartment complexes which contain 2,806 affordable apartments for rent in Wichita County. Many of these rental apartments are income based housing with 1,813 apartments that set rent based on your income. In Wichita County, HUD housing programs support 866 rental assistance apartments through programs like Project-based Section 8. There are 845 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 Wichita County

Housing Authority Programs
Housing Authority of Wichita Falls Public Housing
Electra Housing Authority Public Housing
Housing Authority of Burkburnett Section 8 Housing Choice Voucher (HCV); Public Housing
Wichita Falls Housing Assistance Program Section 8 Housing Choice Voucher (HCV)
Burkburnett Housing Assistance Program Section 8 Housing Choice Voucher (HCV)
Electra Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Wichita County, Texas

Wichita County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 26
Total Low Income Apartments 2,806
Total Rent Assisted Apartments 1,813
Percentage of Housing Units Occupied By Renters 38.56%
Average Renter Household Size 2.24
Total Population 131,957
Housing Units 47,941
Average Household Size 2.45
Median Household Income $45,543 ±$1,438
Median Rent $738 ±$20
Percentage Of Renters Overburdened 43.26% ± 2.63pp

Population and Household Demographics

Wichita County is a County in Texas with a population of 131,957. There are 47,941 households in the county with an average household size of 2.45 persons. 38.56% of households in Wichita County are renters.

Income and Rent Overburden in Wichita County

The median gross income for households in Wichita County is $45,543 a year, or $3,795 a month. The median rent for the county is $738 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Wichita County, a household making less than $2,460 a month would be considered overburdened when renting an apartment at or above the median rent. 43.26% of households who rent are overburdened in Wichita County.1

Area Median Income In Wichita 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 Wichita County, HUD calculates the Area Median Income for a family of four as $59,600

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 Wichita 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 Wichita County HUD Rental Assistance in Wichita County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,600 $16,910 $21,330 $25,750 $30,170 $34,590 $37,100 $39,500
50% of Median $20,950 $23,950 $26,950 $29,900 $32,300 $34,700 $37,100 $39,500
80% of Median $33,500 $38,300 $43,100 $47,850 $51,700 $55,550 $59,350 $63,200
Low Income Housing Tax Credits in Wichita 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 2004, 6 low income apartment communities containing 636 rental apartments have been constructed and made affordable to low income persons in Wichita 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 Wichita County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $25,140 $28,740 $32,340 $35,880 $38,760 $41,640 $44,520 $47,400

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 Wichita County is $32,340 a year, or $2,695 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,695 by 30% to get a maximum rent of $809 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% $524 $561 $674 $778 $868 $958
60% $629 $674 $809 $933 $1,041 $1,149
Fair Market Rents in Wichita 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
$496 $599 $772 $1,069 $1,356

Cities In Wichita County

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

City Listings Served By
Wichita Falls 19 The HUD funded Public Housing Agencies that serve Wichita Falls are the Housing Authority of Wichita Falls and Wichita Falls Housing Assistance Program.
Burkburnett 3 The HUD funded Public Housing Agencies that serve Burkburnett are the Housing Authority of Burkburnett and Burkburnett Housing Assistance Program.
Iowa Park 1
Electra 3 The HUD funded Public Housing Agencies that serve Electra are the Electra Housing Authority and Electra Housing Authority.
Cashion Community 0
Pleasant Valley 0