Low Income Apartments In Young County

Low Income Apartments In Young County

Western Heights Apartments

1416 W Elm St
Olney, TX

Highland West

302 W Main St
Olney, TX

M539114, Saint Michael Street

120 St Michaels Ct
Graham, TX
HCV Welcome

Highland West Apartments

1301 W Gray St
Olney, TX

Lone Oaks Apartments

1512 Carolina St
Graham, TX
HCV Welcome

Oak G and D

1018 Arbor St
Olney, TX

Lone Oaks Apartments

1510 Carolina St
Graham, TX

Northside Apartments

501 N Avenue G
Olney, TX
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There are 8 low income housing apartment complexes which contain 585 affordable apartments for rent in Young County, Texas. Many of these rental apartments are income based housing with about 333 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 88 Project-Based Section 8 subsidized apartments in Young County. There are 252 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 Young County

Housing Authority Programs
Housing Authority of Olney Public Housing
Housing Authority of Newcastle Public Housing

Guide To Affordable Housing in Young County, Texas

Young County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 585
Total Rent Assisted Apartments 333
Percentage of Housing Units Occupied By Renters 22.52%
Average Renter Household Size 2.52
Total Population 18,329
Housing Units 7,115
Average Household Size 2.54
Median Household Income $44,693 ±$5,179
Median Rent $622 ±$48
Percentage Of Renters Overburdened 34.08% ± 9.19pp

Population and Household Demographics

Young County is a County in Texas with a population of 18,329. There are 7,115 households in the county with an average household size of 2.54 persons. 22.52% of households in Young County are renters.

Income and Rent Overburden in Young County

The median gross income for households in Young County is $44,693 a year, or $3,724 a month. The median rent for the county is $622 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Young County, a household making less than $2,073 a month would be considered overburdened when renting an apartment at or above the median rent. 34.08% of households who rent are overburdened in Young County.1

Fair Market Rents in Young 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
$526 $529 $700 $951 $1,079

Cities In Young County

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

City Listings Served By
Olney 5 The HUD funded Public Housing Agency that serves Olney is the Housing Authority of Olney.
Graham 3
Newcastle 0