
About This Property
Preston Trace Apts offers 40 units in Frisco, Texas within Collin County. The property has been in service since 2005. Interested parties can contact the management for availability and lease terms.
Waitlist Information
Waitlist managed by Housing Authority of the City of Frisco
Preferences include residency and employment in Frisco (with scoring for multiple years), disability, full-time employment, co-resident/dependent 18+ working, current/retired City of Frisco/Frisco ISD employee, application tenure, and elderly status. Eligibility includes qualifying as a family, elderly (62+), disabled receiving benefits, US citizenship, favorable landlord/criminal history for adults 18+, and income within federal limits. The PHA has 20 units (2 one-bedrooms, 8 two-bedrooms, 10 three-bedrooms) and seldom has vacancies.
The Frisco Housing Authority does not administer Section 8 Housing Choice Vouchers.
Waitlist data provided by section8waitlist.org
Updated September 7, 2026
Property Details
Fair Market Rent - Collin County, TX
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,426 |
| 1 Bedroom | $1,500 |
| 2 Bedroom | $1,758 |
| 3 Bedroom | $2,212 |
| 4 Bedroom | $2,847 |
Income Limits - Collin County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,700
- Very Low (50%)
- $31,150
- Low (80%)
- $49,850
- Extremely Low (30%)
- $21,400
- Very Low (50%)
- $35,600
- Low (80%)
- $57,000
- Extremely Low (30%)
- $24,050
- Very Low (50%)
- $40,050
- Low (80%)
- $64,100
- Extremely Low (30%)
- $26,700
- Very Low (50%)
- $44,500
- Low (80%)
- $71,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $48,100
- Low (80%)
- $76,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $51,650
- Low (80%)
- $82,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $55,200
- Low (80%)
- $88,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $58,750
- Low (80%)
- $94,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,700 | $31,150 | $49,850 |
| 2 Persons | $21,400 | $35,600 | $57,000 |
| 3 Persons | $24,050 | $40,050 | $64,100 |
| 4 Persons | $26,700 | $44,500 | $71,200 |
| 5 Persons | $31,040 | $48,100 | $76,900 |
| 6 Persons | $35,580 | $51,650 | $82,600 |
| 7 Persons | $40,120 | $55,200 | $88,300 |
| 8 Persons | $44,660 | $58,750 | $94,000 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Frisco, TX?+
The Fair Market Rent (FMR) for Collin County, TX is: $1426 (Studio), $1500 (1BR), $1758 (2BR), $2212 (3BR), $2847 (4BR). Actual rent at subsidized properties like Preston Trace Apts is typically 30% of household income or less.
What are the income limits for affordable housing in Collin County, TX?+
For a 4-person household in Collin County, TX, the income limits are: Extremely Low Income (30% AMI): $26,700, Very Low Income (50% AMI): $44,500, Low Income (80% AMI): $71,200. These limits are set by HUD and updated annually.
Is there a waitlist for Preston Trace Apts?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Preston Trace Apts?+
Preston Trace Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Preston Trace Apts?+
Preston Trace Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Preston Trace Apts

The Veranda Townhomes
Plano, TX
40 Units
Frisco Villas
Frisco, TX
2 Units
Millennium - Mckinney
McKinney, TX
164 Units
Stonebrook Village Apts
Frisco, TX
216 Units
Housing Authority of the City of Frisco
Frisco, TX
20 Units
Evergreen At Arbor Hills
Carrollton, TX
136 Units