Brazos Country, Texas Affordable Housing Data
Income Based Apartments in Brazos Country, Texas
Brazos Country features 0 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 Brazos Country, Texas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Brazos Country.
Housing Choice Vouchers in Brazos Country, Texas
On average, Section 8 Housing Choice vouchers pay Brazos Country landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Brazos Country.
The maximum amount a voucher would pay on behalf of a low-income tenant in Brazos Country, Texas for a two-bedroom apartment is between $830 and $1,014.
2024 Brazos Country, 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 | |
|---|---|---|---|---|---|
| Brazos Country, Texas Fair Market Rent | $727 | $821 | $922 | $1,299 | $1,565 |
| Brazos Country, Texas Payment Standard Range | $654 to $800 | $739 to $903 | $830 to $1,014 | $1,169 to $1,429 | $1,409 to $1,722 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Brazos Country, TX Affordable Housing Snapshot
| Total Affordable Apartment Properties | 0 |
|---|---|
| Total Low Income Apartments | 0 |
| Total Housing Units with Rental Assistance | 0 |
| Percentage of Housing Units Occupied By Renters | 5.51% |
| Average Renter Household Size | 6.07 |
| Average Household Size | 2.83 |
| Median Household Income | $101,875 ±$19,875 |
| Median Rent | $1,536 ±$1,465 |
| Percentage Of Renters Overburdened | 53.33% ± 133.14pp |
| Total Population | 771 |
Population and Household Demographics
Brazos Country is a city in Austin County, Texas with a population of 771. There are 272 households in the city with an average household size of 2.83 persons. 5.51% of households in Brazos Country are renters.
Income and Rent Overburden in Brazos Country
The median gross income for households in Brazos Country is $101,875 a year, or $8,490 a month. The median rent for the city is $1,536 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Brazos Country, a household making less than $5,120 a month would be considered overburdened when renting an apartment at or above the median rent. 53.33% of households who rent are overburdened in Brazos Country.
Area Median Income In Brazos Country
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 Brazos Country, the AMI is calculated from all households within Austin County.
In Brazos Country, HUD calculates the Area Median Income for a family of four as $92,600
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 Brazos Country
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 Brazos Country
| 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person | |
|---|---|---|---|---|---|---|---|---|
| 30% AMI Income Limits Renters earning up to 30% of the Brazos Country AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$19,350 | $22,100 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% AMI Income Limits Renters earning up to 50% of the Brazos Country AMI may qualify for rental assistance programs that target Very Low Income households. |
$32,200 | $36,800 | $41,400 | $46,000 | $49,700 | $53,400 | $57,050 | $60,750 |
| 80% AMI Income Limits Renters earning up to 80% of the Brazos Country AMI may qualify for rental assistance programs that target Low Income households. |
$51,550 | $58,900 | $66,250 | $73,600 | $79,500 | $85,400 | $91,300 | $97,200 |
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