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Discover affordable housing in Big Spring where there are 10+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.
1905 Wasson Rd, Big Spring, Texas 79720
1700 S Lancaster St, Big Spring, Texas 79720
1401 North Highway 87, Big Spring, Texas 79720
1518 Sycamore St, Big Spring, Texas 79720
bed1
payment$800/mo.
2525 Albrook Dr, Big Spring, Texas 79720
bed3
payment$1300/mo.
4215 Hamilton St, Big Spring, Texas 79720
bed4
payment$1400/mo.
120 Airbase Rd, Big Spring, Texas 79720
bed1-2
1002 N Main St, Big Spring, Texas 79720
1900 Martin Luther King Blvd, Big Spring, Texas 79720
Mlk Blvd, Big Spring, Texas 79720
How To Identify Affordable Housing in Big Spring, Texas
Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.
| Badge | Description |
|---|---|
switch_access_shortcutShort Wait | Low income apartments with no or short waiting lists. |
paymentSubsidized | Low income housing where the rent is subsidized and the renter pays only a portion of total rent. |
real_estate_agentAccepts Vouchers | Apartments that accept Section 8 vouchers near you |
elderlySenior | Rental housing for seniors who are 55 (or sometimes 62) and older. |
paymentIncome Based | Affordable apartments where the rent paid is based on renter income. |
accessibilityAccessible | Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy. |
accessible_forwardDisability | Apartments for individuals or families with disabilities. |
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The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InBig Spring, Texas
$22.52/hour
(+211%) more thanTexas minimum wage and
$15.27(+211%) more than the Federal minimum wage.
Learn More About Big Spring, Texas AffordableHousing ↓
What HUD offices serve Big Spring, Texas?
Public Housing Agencies operate federally assisted affordable housing programs atlocal levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within theirjurisdiction.
Big Spring Housing Authority
Operates the Section 8 Housing Choice Voucher (HCV) programs for Big Spring, Texas.
Go to theTexasPublic Housing and Low-Income Apartments Waiting Lists page for openings near Big Spring.
How many renters live in Big Spring, Texas?
The City of Big Spring has 25,949people living in 8,849 households.
There are 7,524 renters living in3,381 renter households in thisCity. Renters make up 29percent of the population living in Big Spring.
What is the rental market like in Big Spring, Texas?
There are an estimated 10,275 housing units in theBig Spring area. Of these, 3,785 units are rentalhomes, making up 37 percent of the housing market. Forevery renter household in Big Spring, Texas, there are1 rental units.
What is the vacancy rate for rentals in Big Spring?
The rental vacancy rate in Big Spring is 9 percent.This is ahigher than averagevacancy rate.When rental vacancy rates are high it means that there are a lot of available units and rents tendto be lower.
How many rental units are in Big Spring for each bedroom size?
Occupied Rental Units by Size in Big Spring
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 114 879 1,413 810 165 Occupied Rental Units by Size in Big Spring
A large number of apartments in Big Spring have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.
How many renter households in Big Spring are overburdened by housing costs?
Among renter households in this market, 38percent havehousing cost burden. Further, 18percent of households are extremely rent overburdened. When renters pay too much for their housing, itleaveslittle money for other necessities like food, clothes, or medicine.
The federal government says that renters arecost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Big Spring
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $942 to $1,767. FMRs areupdated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $942 One BR $959 Two BR $1,189 Three BR $1,438 Four BR $1,767 2024 Fair Market Rents in Big Spring, Texas
How many units are rented at Fair Market Rent (FMR) in Big Spring?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:Unit Size Count of Units Below FMR Percentage of Total Units Below FMR Studio 79 69 percent One BR 596 68 percent Two BR 904 64 percent Rental Units Below FMR in Big Spring, Texas
How many affordable rental units are in Big Spring?
There are a variety of federal affordable housing programs serving households inBig Spring, Texas including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit 464 Section 8 Project-Based Rental Assistance 311 Tracked Units by Federal Program in Big Spring, Texas
Income Based Apartments in Big Spring, Texas
Big Spring features 323 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.
Low Rent Apartments in Big Spring, Texas
There are 238 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Big Spring.
Housing Choice Vouchers in Big Spring, Texas
On average, Section 8 Housing Choice vouchers pay Big Spring landlords$500 per month towards rent. The average voucher holdercontributes $300 towards rent inBig Spring.
The maximum amount a voucher would pay on behalf of a low-income tenant in Big Spring, Texas fora two-bedroom apartment is between $1,070 and $1,308.
Sourced from federal housing data and AffordableHousingOnline.comresearch.
Affordable Housing Tip
Housing options for immigrants.
Some housing programs do not have a citizenship requirement, such as Low-Income Housing Tax Credit apartments.
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