; Low Income Apartments For Rent in Novice, TX
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2254 Co Rd 490

2254 Co Rd 490
Novice, Texas
$1,250
3 BR
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There are 0 low-income apartments in Novice that offer reduced rents to eligible households.

Rental assistance programs support 0 low-income homes in Novice where households pay rent based on how much they earn.

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 Novice, 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
Abilene Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV); Mainstream Voucher; Section 8 HCV Money Follows the Person (MFP); Public Housing Money Follows the Person (MFP)
Go to the Texas Public Housing and Low-Income Apartments Waiting Lists page for openings near Novice.

Novice, Texas Affordable Housing Data

Income Based Apartments in Novice, Texas

Novice 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 Novice, Texas

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Novice.

Housing Choice Vouchers in Novice, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Novice, Texas for a two-bedroom apartment is between $990 and $1,210.

2024 Novice, 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
Novice, Texas Fair Market Rent $856 $886 $1,100 $1,330 $1,612
Novice, Texas Payment Standard Range $770 to $942 $797 to $975 $990 to $1,210 $1,197 to $1,463 $1,451 to $1,773

Sourced from federal housing data and AffordableHousingOnline.com research.

Novice, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 1
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 18.6%
Average Renter Household Size 1.25
Average Household Size 1.86
Median Household Income $19,821 ±$10,572
Median Rent $0 ±$0
Percentage Of Renters Overburdened 50% ± 291.48pp
Total Population 80

Population and Household Demographics

Novice is a city in Coleman County, Texas with a population of 80. There are 43 households in the city with an average household size of 1.86 persons. 18.6% of households in Novice are renters.

Income and Rent Overburden in Novice

The median gross income for households in Novice is $19,821 a year, or $1,652 a month. The median rent for the city is $0 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Novice, a household making less than $0 a month would be considered overburdened when renting an apartment at or above the median rent. 50% of households who rent are overburdened in Novice.

Area Median Income In Novice

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 Novice, the AMI is calculated from all households within Coleman County.

In Novice, HUD calculates the Area Median Income for a family of four as $64,000

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 Novice

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 Novice

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30% AMI Income Limits
Renters earning up to 30% of the Novice AMI may qualify for rental assistance programs that target Extremely Low Income households.		 $15,200 $19,720 $24,860 $30,000 $35,140 $40,280 $44,750 $47,600
50% AMI Income Limits
Renters earning up to 50% of the Novice AMI may qualify for rental assistance programs that target Very Low Income households.		 $25,250 $28,850 $32,450 $36,050 $38,950 $41,850 $44,750 $47,600
80% AMI Income Limits
Renters earning up to 80% of the Novice AMI may qualify for rental assistance programs that target Low Income households.		 $40,400 $46,150 $51,900 $57,650 $62,300 $66,900 $71,500 $76,100