; Low Income Apartments For Rent in Clay County, TX

Henrietta Rental Homes

PO Box 503 or 302 S. Bridge Street
Henrietta, Texas
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
Call For Rent
2 BR

Pioneer Crossing Henrietta

225 Fairview Rd
Henrietta, Texas
Rent Assisted
LIHTC
1 BR

Abbington Vista of Henrietta

1600 US 287 N
Henrietta, Texas
Rent Assisted
LIHTC
USDA S. 538
$288-1,067
1-4 BR

402 E Spring Street

402 E Spring St
Henrietta, Texas
$1,395
3 BR

Parkview Apartments

Prigmore Ct
Henrietta, Texas
Subsidized
Public Housing
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There are 97 low-income apartments in Clay County that offer reduced rents to eligible households. Low-income rents in Clay County, Texas can range from $288 to $1,067 depending on the number of bedrooms.

Rental assistance programs support 60 low-income homes in Clay County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on July 2nd, 2024. Subdsidized rents typically change once a year based on federal guidance.

Clay County, Texas Affordable Housing Data

Income Based Apartments in Clay County, Texas

Clay County features 60 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 Clay County, Texas

There are 97 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Clay County.

Housing Choice Vouchers in Clay County, Texas

On average, Section 8 Housing Choice vouchers pay Clay County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Clay County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Clay County, Texas for a two-bedroom apartment is between $933 and $1,141.

2024 Clay County, 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
Clay County, Texas Fair Market Rent $800 $843 $1,037 $1,418 $1,611
Clay County, Texas Payment Standard Range $720 to $880 $759 to $927 $933 to $1,141 $1,276 to $1,560 $1,450 to $1,772

Sourced from federal housing data and AffordableHousingOnline.com research.

Clay County, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 158
Total Housing Units with Rental Assistance 60
Percentage of Housing Units Occupied By Renters 16.52%
Average Renter Household Size 2.81
Average Household Size 2.51
Median Household Income $48,297 ±$3,407
Median Rent $629 ±$57
Percentage Of Renters Overburdened 32.99% ± 8.73pp
Total Population 10,479

Population and Household Demographics

Clay County is a county in Texas with a population of 10,479. There are 4,146 households in the county with an average household size of 2.51 persons. 16.52% of households in Clay County are renters.

Income and Rent Overburden in Clay County

The median gross income for households in Clay County is $48,297 a year, or $4,025 a month. The median rent for the county is $629 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Clay County, a household making less than $2,097 a month would be considered overburdened when renting an apartment at or above the median rent. 32.99% of households who rent are overburdened in Clay County.

Area Median Income In Clay 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 Clay County, HUD calculates the Area Median Income for a family of four as $83,800

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 Clay 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 HUD Rental Assistance in Clay County

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 Clay County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,850 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Clay County AMI may qualify for rental assistance programs that target Very Low Income households.
$28,050 $32,050 $36,050 $40,050 $43,300 $46,500 $49,700 $52,900
80% AMI Income Limits
Renters earning up to 80% of the Clay County AMI may qualify for rental assistance programs that target Low Income households.
$44,900 $51,300 $57,700 $64,100 $69,250 $74,400 $79,500 $84,650