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There are 0 low-income apartments in Reagan County that offer reduced rents to eligible households.
Rental assistance programs support 20 low-income homes in Reagan County where households pay rent based on how much they earn.
Affordable rent data for some communities last confirmed on March 26th, 2024. Subdsidized rents typically change once a year based on federal guidance.
Reagan County, Texas Affordable Housing Data
Income Based Apartments in Reagan County, Texas
Reagan County features 20 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 Reagan County, Texas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Reagan County.
Housing Choice Vouchers in Reagan County, Texas
On average, Section 8 Housing Choice vouchers pay Reagan County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Reagan County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Reagan County, Texas for a two-bedroom apartment is between $959 and $1,172.
2024 Reagan County, 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 | |
|---|---|---|---|---|---|
| Reagan County, Texas Fair Market Rent | $829 | $857 | $1,065 | $1,288 | $1,583 |
| Reagan County, Texas Payment Standard Range | $746 to $912 | $771 to $943 | $959 to $1,172 | $1,159 to $1,417 | $1,425 to $1,741 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Reagan County, TX Affordable Housing Snapshot
| Total Affordable Apartment Properties | 1 |
|---|---|
| Total Low Income Apartments | 20 |
| Total Housing Units with Rental Assistance | 20 |
| Percentage of Housing Units Occupied By Renters | 31.31% |
| Average Renter Household Size | 2.38 |
| Average Household Size | 2.93 |
| Median Household Income | $52,181 ±$8,132 |
| Median Rent | $629 ±$55 |
| Percentage Of Renters Overburdened | 16.27% ± 10.78pp |
| Total Population | 3,598 |
Population and Household Demographics
Reagan County is a county in Texas with a population of 3,598. There are 1,217 households in the county with an average household size of 2.93 persons. 31.31% of households in Reagan County are renters.
Income and Rent Overburden in Reagan County
The median gross income for households in Reagan County is $52,181 a year, or $4,348 a month. The median rent for the county is $629 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Reagan County, a household making less than $2,097 a month would be considered overburdened when renting an apartment at or above the median rent. 16.27% of households who rent are overburdened in Reagan County.
Area Median Income In Reagan County
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.
In Reagan County, 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 Reagan County
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 Reagan County
| 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 Reagan County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$17,400 | $19,850 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% AMI Income Limits Renters earning up to 50% of the Reagan County AMI may qualify for rental assistance programs that target Very Low Income households. |
$28,950 | $33,100 | $37,250 | $41,350 | $44,700 | $48,000 | $51,300 | $54,600 |
| 80% AMI Income Limits Renters earning up to 80% of the Reagan County AMI may qualify for rental assistance programs that target Low Income households. |
$46,350 | $52,950 | $59,550 | $66,150 | $71,450 | $76,750 | $82,050 | $87,350 |
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