; Low Income Apartments For Rent in New Braunfels, TX

Apply to New Braunfels Apartment Waiting Lists

Bavarian Manor Apts.

614 Bavarian Dr.
New Braunfels, Texas
Subsidized
PBRA
BMIR
$710-959
1-3 BR

Reserve at Engel Road

135 Engel Road
New Braunfels, Texas
Subsidized
Rent Assisted
LIHTC
811 PRA
1 BR

The Residences of Solms Village

2265 Goodwin Ln
New Braunfels, Texas
Rent Assisted
HOME
Call For Rent
1-3 BR

Village Circle

101 Glenbrook Drive E.
New Braunfels, Texas
Subsidized
PBRA
BMIR

Balcones Haus

246 Loma Vista St
New Braunfels, Texas
Subsidized
Rent Assisted
Senior
S. 202
LIHTC

402 Creekside Curve

402 Creekside Curve
New Braunfels, Texas
$1,695
3 BR

549 Creekside Frst

549 Creekside Frst
New Braunfels, Texas
$1,695
3 BR

697 Creekside Cir

697 Creekside Cir
New Braunfels, Texas
$1,595
3 BR

1432 N Walnut Ave

1432 N Walnut Ave
New Braunfels, Texas
$1,595
3 BR

744 Shoal Crk

744 Shoal Crk
New Braunfels, Texas
$1,797
3 BR

1432 N Walnut Ave

1432 N Walnut Ave
New Braunfels, Texas
$1,595
3 BR

346 Creekside Curve

346 Creekside Curve
New Braunfels, Texas
$1,695
3 BR

507 Agave Flats Dr

507 Agave Flats Dr
New Braunfels, Texas
$2,000
4 BR

715 Ocotillo Trl

715 Ocotillo Trl
New Braunfels, Texas
$2,125
4 BR

134 Trail Wood

134 Trail Wood
New Braunfels, Texas
$1,800
3 BR
Showing Results 1-15

There are 276 low-income apartments in New Braunfels that offer reduced rents to eligible households. Low-income rents in New Braunfels, Texas can range from $473 to $959 depending on the number of bedrooms.

Rental assistance programs support 405 low-income homes in New Braunfels where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $392 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 New Braunfels, 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
New Braunfels Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Section 8 Project-Based Voucher (PBV)
Alamo Area Council of Governments Section 8 Housing Choice Voucher (HCV)
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 New Braunfels.

New Braunfels, Texas Affordable Housing Data

Income Based Apartments in New Braunfels, Texas

New Braunfels features 405 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 New Braunfels, Texas

There are 276 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New Braunfels.

Housing Choice Vouchers in New Braunfels, Texas

On average, Section 8 Housing Choice vouchers pay New Braunfels landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in New Braunfels.

The maximum amount a voucher would pay on behalf of a low-income tenant in New Braunfels, Texas for a two-bedroom apartment is between $1,312 and $1,604.

2024 New Braunfels, 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
New Braunfels, Texas Fair Market Rent $1,067 $1,197 $1,458 $1,846 $2,206
New Braunfels, Texas Payment Standard Range $960 to $1,174 $1,077 to $1,317 $1,312 to $1,604 $1,661 to $2,031 $1,985 to $2,427

Sourced from federal housing data and AffordableHousingOnline.com research.

New Braunfels, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 205
Total Low Income Apartments 878
Total Housing Units with Rental Assistance 405
Percentage of Housing Units Occupied By Renters 33.61%
Average Renter Household Size 2.71
Average Household Size 2.82
Median Household Income $59,721 ±$3,051
Median Rent $983 ±$34
Percentage Of Renters Overburdened 43.97% ± 4.77pp
Total Population 64,076

Population and Household Demographics

New Braunfels is a city in Comal County, Texas with a population of 64,076. There are 22,361 households in the city with an average household size of 2.82 persons. 33.61% of households in New Braunfels are renters.

Income and Rent Overburden in New Braunfels

The median gross income for households in New Braunfels is $59,721 a year, or $4,977 a month. The median rent for the city is $983 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In New Braunfels, a household making less than $3,277 a month would be considered overburdened when renting an apartment at or above the median rent. 43.97% of households who rent are overburdened in New Braunfels.

Area Median Income In New Braunfels

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 New Braunfels, the AMI is calculated from all households within Comal County.

In New Braunfels, HUD calculates the Area Median Income for a family of four as $88,600

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 New Braunfels

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 New Braunfels

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 New Braunfels AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,450 $21,100 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the New Braunfels AMI may qualify for rental assistance programs that target Very Low Income households.
$30,750 $35,150 $39,550 $43,900 $47,450 $50,950 $54,450 $57,950
80% AMI Income Limits
Renters earning up to 80% of the New Braunfels AMI may qualify for rental assistance programs that target Low Income households.
$49,150 $56,200 $63,200 $70,200 $75,850 $81,450 $87,050 $92,700