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There are 0 low-income apartments in Poteet that offer reduced rents to eligible households. Low-income rents in Poteet, Texas can range from $512 to $709 depending on the number of bedrooms.
Rental assistance programs support 126 low-income homes in Poteet where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $319 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 Poteet, 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 |
|---|---|
| Poteet Housing Authority | Section 8 Housing Choice Voucher (HCV); Public Housing |
| Alamo Area Council of Governments | Section 8 Housing Choice Voucher (HCV) |
| Texas Department of Housing and Community Affairs | Section 8 Housing Choice Voucher (HCV) |
Poteet, Texas Affordable Housing Data
Income Based Apartments in Poteet, Texas
Poteet features 126 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 Poteet, Texas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Poteet.
Housing Choice Vouchers in Poteet, Texas
On average, Section 8 Housing Choice vouchers pay Poteet landlords $300 per month towards rent. The average voucher holder contributes $300 towards rent in Poteet.
The maximum amount a voucher would pay on behalf of a low-income tenant in Poteet, Texas for a two-bedroom apartment is between $1,022 and $1,249.
2024 Poteet, 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 | |
|---|---|---|---|---|---|
| Poteet, Texas Fair Market Rent | $831 | $1,011 | $1,135 | $1,405 | $1,583 |
| Poteet, Texas Payment Standard Range | $748 to $914 | $910 to $1,112 | $1,022 to $1,249 | $1,265 to $1,546 | $1,425 to $1,741 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Poteet, TX Affordable Housing Snapshot
| Total Affordable Apartment Properties | 5 |
|---|---|
| Total Low Income Apartments | 163 |
| Total Housing Units with Rental Assistance | 126 |
| Percentage of Housing Units Occupied By Renters | 32.35% |
| Average Renter Household Size | 3.07 |
| Average Household Size | 3.16 |
| Median Household Income | $31,100 ±$12,820 |
| Median Rent | $626 ±$73 |
| Percentage Of Renters Overburdened | 51.62% ± 14.15pp |
| Total Population | 3,359 |
Population and Household Demographics
Poteet is a city in Atascosa County, Texas with a population of 3,359. There are 1,048 households in the city with an average household size of 3.16 persons. 32.35% of households in Poteet are renters.
Income and Rent Overburden in Poteet
The median gross income for households in Poteet is $31,100 a year, or $2,592 a month. The median rent for the city is $626 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Poteet, a household making less than $2,087 a month would be considered overburdened when renting an apartment at or above the median rent. 51.62% of households who rent are overburdened in Poteet.
Area Median Income In Poteet
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 Poteet, the AMI is calculated from all households within Atascosa County.
In Poteet, HUD calculates the Area Median Income for a family of four as $81,900
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 Poteet
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 Poteet
| 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 Poteet AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$15,300 | $19,720 | $24,860 | $30,000 | $35,140 | $40,280 | $45,150 | $48,050 |
| 50% AMI Income Limits Renters earning up to 50% of the Poteet AMI may qualify for rental assistance programs that target Very Low Income households. |
$25,500 | $29,150 | $32,800 | $36,400 | $39,350 | $42,250 | $45,150 | $48,050 |
| 80% AMI Income Limits Renters earning up to 80% of the Poteet AMI may qualify for rental assistance programs that target Low Income households. |
$40,800 | $46,600 | $52,450 | $58,250 | $62,950 | $67,600 | $72,250 | $76,900 |
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