Low Income Apartments For Rent in Stamford, TX

Rental assistance programs support 60 low-income homes in Stamford 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 October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Stamford, 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
Housing Authority of Stamford	Public Housing
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 Stamford.

Stamford, Texas Affordable Housing Data

Income Based Apartments in Stamford, Texas

Stamford features 60 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 Stamford, Texas

There are 14 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Stamford.

Housing Choice Vouchers in Stamford, Texas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Stamford, Texas for a two-bedroom apartment is between $815 and $996.

2024 Stamford, 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
Stamford, Texas Fair Market Rent	$705	$729	$905	$1,275	$1,521
Stamford, Texas Payment Standard Range	$635 to $776	$656 to $802	$815 to $996	$1,148 to $1,403	$1,369 to $1,673

Sourced from federal housing data and AffordableHousingOnline.com research.

Stamford, TX Affordable Housing Snapshot

Total Affordable Apartment Properties 2

Total Low Income Apartments 74

Total Housing Units with Rental Assistance 60

Percentage of Housing Units Occupied By Renters 37.66%

Average Renter Household Size 2.00

Average Household Size 2.21

Median Household Income $37,685 ±$14,112

Median Rent $632 ±$446

Percentage Of Renters Overburdened 29.69% ± 16.28pp

Total Population 3,004

Total Affordable Apartment Properties	2
Total Low Income Apartments	74
Total Housing Units with Rental Assistance	60
Percentage of Housing Units Occupied By Renters	37.66%
Average Renter Household Size	2.00
Average Household Size	2.21
Median Household Income	$37,685 ±$14,112
Median Rent	$632 ±$446
Percentage Of Renters Overburdened	29.69% ± 16.28pp
Total Population	3,004

Population and Household Demographics

Stamford is a city in Haskell County, Texas with a population of 3,004. There are 1,288 households in the city with an average household size of 2.21 persons. 37.66% of households in Stamford are renters.

Income and Rent Overburden in Stamford

The median gross income for households in Stamford is $37,685 a year, or $3,140 a month. The median rent for the city is $632 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Stamford, a household making less than $2,107 a month would be considered overburdened when renting an apartment at or above the median rent. 29.69% of households who rent are overburdened in Stamford.

Area Median Income In Stamford

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 Stamford, the AMI is calculated from all households within Haskell County.

In Stamford, HUD calculates the Area Median Income for a family of four as $69,200

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 Stamford

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 Stamford

	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 Stamford 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 Stamford 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 Stamford 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