Rent by Disparity

INCOME BY HOUSEHOLD PERCENT OF HUD MEDIAN Family Income HIGHEST AFFORDABLE RENT* LOWEST AVAILABLE THREE-BEDROOM APT.INCLUDING UTILITIES+
$15,000 30% $425 $660
$25,000 50% $700 $660
$40,000 80% $1,113 $852

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.

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