Liberty Trails Apartments
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There are 295 low-income apartments in Liberty Hill that offer reduced rents to eligible households. Low-income rents in Liberty Hill, Texas can range from $847 to $1,074 depending on the number of bedrooms.
Rental assistance programs support 0 low-income homes in Liberty Hill 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 June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.
Liberty Hill, Texas Affordable Housing Data
Income Based Apartments in Liberty Hill, Texas
Liberty Hill 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 Liberty Hill, Texas
There are 295 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Liberty Hill.
Housing Choice Vouchers in Liberty Hill, Texas
On average, Section 8 Housing Choice vouchers pay Liberty Hill landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Liberty Hill.
The maximum amount a voucher would pay on behalf of a low-income tenant in Liberty Hill, Texas for a two-bedroom apartment is between $1,732 and $2,116.
2024 Liberty Hill, 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 | |
|---|---|---|---|---|---|
| Liberty Hill, Texas Fair Market Rent | $1,519 | $1,635 | $1,924 | $2,470 | $2,840 |
| Liberty Hill, Texas Payment Standard Range | $1,367 to $1,671 | $1,472 to $1,799 | $1,732 to $2,116 | $2,223 to $2,717 | $2,556 to $3,124 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Liberty Hill, TX Affordable Housing Snapshot
| Total Affordable Apartment Properties | 4 |
|---|---|
| Total Low Income Apartments | 295 |
| Total Housing Units with Rental Assistance | 0 |
| Percentage of Housing Units Occupied By Renters | 42.49% |
| Average Renter Household Size | 3.65 |
| Average Household Size | 2.93 |
| Median Household Income | $50,074 ±$13,588 |
| Median Rent | $1,007 ±$189 |
| Percentage Of Renters Overburdened | 42.51% ± 23.98pp |
| Total Population | 1,242 |
Population and Household Demographics
Liberty Hill is a city in Williamson County, Texas with a population of 1,242. There are 393 households in the city with an average household size of 2.93 persons. 42.49% of households in Liberty Hill are renters.
Income and Rent Overburden in Liberty Hill
The median gross income for households in Liberty Hill is $50,074 a year, or $4,173 a month. The median rent for the city is $1,007 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Liberty Hill, a household making less than $3,357 a month would be considered overburdened when renting an apartment at or above the median rent. 42.51% of households who rent are overburdened in Liberty Hill.
Area Median Income In Liberty Hill
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 Liberty Hill, the AMI is calculated from all households within Williamson County.
In Liberty Hill, HUD calculates the Area Median Income for a family of four as $122,300
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 Liberty Hill
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 Liberty Hill
| 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 Liberty Hill AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$24,550 | $28,050 | $31,550 | $35,050 | $37,900 | $40,700 | $45,420 | $50,560 |
| 50% AMI Income Limits Renters earning up to 50% of the Liberty Hill AMI may qualify for rental assistance programs that target Very Low Income households. |
$40,900 | $46,750 | $52,600 | $58,400 | $63,100 | $67,750 | $72,450 | $77,100 |
| 80% AMI Income Limits Renters earning up to 80% of the Liberty Hill AMI may qualify for rental assistance programs that target Low Income households. |
$65,450 | $74,800 | $84,150 | $93,450 | $100,950 | $108,450 | $115,900 | $123,400 |
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