Rent by Disparity
|INCOME BY HOUSEHOLD||PERCENT OF HUD MEDIAN Family Income||HIGHEST AFFORDABLE RENT*||LOWEST AVAILABLE THREE-BEDROOM APT.INCLUDING UTILITIES+|
Households earning less than 50% MFI, which account for about half the
local renting population, find even affordable-housing rates too costly,
while families above 50% MFI find prices more agreeable.
*As per HUD's affordability guidelines, this figure is one-third of monthly income.
+As available in tax-credit rental properties.
SOURCE: HUD, TEXAS CENTRAL MUTUAL HOUSING ASSN.