About This Property
Waterford At Spencer Oaks comprises 208 units in Denton, Texas, with 156 designated as low-income housing. The property opened in 1998 and features a mix of 104 two-bedroom and 104 three-bedroom units, financed through 9% Low-Income Housing Tax Credits. The community is professionally managed to serve area residents.
Waitlist Information
Waitlist managed by Denton Housing Authority
The public housing waitlist is currently closed.
Historically, preferences included living, working, or attending school locally, elderly, disabled/handicapped, veterans, victims of domestic violence, and homeless individuals; applicants were placed by date and time received, by order of preferences.
Waitlist data provided by section8waitlist.org
Updated September 27, 2026
Property Details
Fair Market Rent - Denton 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 - Denton 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Denton, TX?+
The Fair Market Rent (FMR) for Denton County, TX is: $1426 (Studio), $1500 (1BR), $1758 (2BR), $2212 (3BR), $2847 (4BR). Actual rent at subsidized properties like Waterford At Spencer Oaks is typically 30% of household income or less.
What size apartments are available at Waterford At Spencer Oaks?+
Waterford At Spencer Oaks offers the following unit types: 104 Two-Bedroom, 104 Three-Bedroom units, for a total of 208 units.
Is there a waitlist for Waterford At Spencer Oaks?+
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.
How do I apply for housing at Waterford At Spencer Oaks?+
Waterford At Spencer Oaks 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.
What are the income limits for affordable housing in Denton County, TX?+
For a 4-person household in Denton 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.
What is the price range for apartments in Denton, TX?+
Based on Fair Market Rent for Denton County, the estimated price range is: 2-bedroom: $1758, 3-bedroom: $2212. Actual rent at Waterford At Spencer Oaks may be lower for income-eligible households.
Who manages Waterford At Spencer Oaks?+
Waterford At Spencer Oaks is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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