; Low Income Apartments For Rent in Katy, TX

Millstone Apartments

23405 W Fernhurst Dr
Katy, Texas
Rent Assisted
LIHTC
Call For Rent
1-3 BR

Mason Senior Apartment Homes

2243 N Mason Rd
Katy, Texas
Rent Assisted
LIHTC
BMIR
Call For Rent
1-2 BR

Trebah Village

19501 W Little York Rd
Katy, Texas
Rent Assisted
LIHTC

1009 Laguna Cv Dr

1009 Laguna Cv Dr
Katy, Texas
$2,300
4 BR

3017 Pensacola Dr

3017 Pensacola Dr
Katy, Texas
$2,250
4 BR

901 Aster St

901 Aster St
Katy, Texas
$2,300
4 BR

27115 River Birch Ct

27115 River Birch Ct
Katy, Texas
$2,275
4 BR

28625 Clay Rd

28625 Clay Rd
Katy, Texas
$2,000
4 BR

25202 Melody Oaks Lane

25202 Melody Oaks Ln
Katy, Texas
$2,170
4 BR

29222 Dunns Creek Ct

29222 Dunns Creek Ct
Katy, Texas
$2,200
4 BR

Providence Place Apartments

20300 Saums Rd
Katy, Texas
Rent Assisted
LIHTC

Villas of Park Grove

600 Park Grove Ln
Katy, Texas
Rent Assisted
LIHTC
BMIR

Katy Manor Apartments

5360 E 5th St
Katy, Texas
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
Call For Rent
2 BR

Pineview Terrace Apartments

Tallowpine Terrace Dr
Katy, Texas
Rent Assisted
LIHTC
Showing Results 1-15
  • «
  • 1
  • »

There are 941 low-income apartments in Katy that offer reduced rents to eligible households.

Rental assistance programs support 48 low-income homes in Katy where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $358 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.

Public Housing Agencies Serving Katy, Texas

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Housing Authority Programs
Texas Department of Housing and Community Affairs Section 8 Housing Choice Voucher (HCV)
Go to the Texas Public Housing and Low-Income Apartments Waiting Lists page for openings near Katy.

Katy, Texas Affordable Housing Data

Income Based Apartments in Katy, Texas

Katy features 48 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 Katy, Texas

There are 941 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Katy.

Housing Choice Vouchers in Katy, Texas

On average, Section 8 Housing Choice vouchers pay Katy landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Katy.

The maximum amount a voucher would pay on behalf of a low-income tenant in Katy, Texas for a two-bedroom apartment is between $1,221 and $1,493.

2024 Katy, 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
Katy, Texas Fair Market Rent $1,073 $1,135 $1,357 $1,792 $2,303
Katy, Texas Payment Standard Range $966 to $1,180 $1,022 to $1,249 $1,221 to $1,493 $1,613 to $1,971 $2,073 to $2,533

Sourced from federal housing data and AffordableHousingOnline.com research.

Katy, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 14
Total Low Income Apartments 996
Total Housing Units with Rental Assistance 48
Percentage of Housing Units Occupied By Renters 26.82%
Average Renter Household Size 2.30
Average Household Size 2.80
Median Household Income $70,526 ±$7,262
Median Rent $953 ±$144
Percentage Of Renters Overburdened 44.38% ± 21.31pp
Total Population 15,796

Population and Household Demographics

Katy is a city in Fort Bend County, Texas with a population of 15,796. There are 5,571 households in the city with an average household size of 2.80 persons. 26.82% of households in Katy are renters.

Income and Rent Overburden in Katy

The median gross income for households in Katy is $70,526 a year, or $5,877 a month. The median rent for the city is $953 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Katy, a household making less than $3,177 a month would be considered overburdened when renting an apartment at or above the median rent. 44.38% of households who rent are overburdened in Katy.

Area Median Income In Katy

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 Katy, the AMI is calculated from all households within Fort Bend County.

In Katy, HUD calculates the Area Median Income for a family of four as $93,200

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 Katy

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 Katy

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 Katy AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,600 $22,400 $25,200 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Katy AMI may qualify for rental assistance programs that target Very Low Income households.
$32,650 $37,300 $41,950 $46,600 $50,350 $54,100 $57,800 $61,550
80% AMI Income Limits
Renters earning up to 80% of the Katy AMI may qualify for rental assistance programs that target Low Income households.
$52,200 $59,650 $67,100 $74,550 $80,550 $86,500 $92,450 $98,450