Fair Market Rent - Franklin 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 | $836 |
| 1 Bedroom | $842 |
| 2 Bedroom | $1,106 |
| 3 Bedroom | $1,337 |
| 4 Bedroom | $1,644 |
Income Limits - Franklin County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,250
- Very Low (50%)
- $23,700
- Low (80%)
- $37,950
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,100
- Low (80%)
- $43,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,500
- Low (80%)
- $48,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,850
- Low (80%)
- $54,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,600
- Low (80%)
- $58,500
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,300
- Low (80%)
- $62,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,000
- Low (80%)
- $67,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $44,700
- Low (80%)
- $71,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,250 | $23,700 | $37,950 |
| 2 Persons | $17,420 | $27,100 | $43,350 |
| 3 Persons | $21,960 | $30,500 | $48,750 |
| 4 Persons | $26,500 | $33,850 | $54,150 |
| 5 Persons | $31,040 | $36,600 | $58,500 |
| 6 Persons | $35,580 | $39,300 | $62,850 |
| 7 Persons | $40,120 | $42,000 | $67,150 |
| 8 Persons | $44,660 | $44,700 | $71,500 |
All Cities in Franklin County
Frequently Asked Questions About Housing in Franklin County, TX
How many affordable housing options are in Franklin County, Texas?+
Franklin County, Texas has 31 affordable housing listings across 2 cities, with a total of 57 housing units. This includes 28 public housing, 1 LIHTC, and 2 housing authority listings.
What cities in Franklin County have affordable housing?+
Franklin County has affordable housing in 2 cities. The top cities include Mount Vernon, Mt Vernon. Browse the city listings on this page to see all available options by location.
What are the Fair Market Rents in Franklin County, Texas?+
The HUD Fair Market Rent (FMR) for Franklin County, Texas is: Studio: $836, 1BR: $842, 2BR: $1106, 3BR: $1337, 4BR: $1644. FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit. Subsidized housing typically charges 30% of the tenant's income.
What are the income limits for affordable housing in Franklin County, Texas?+
For a 4-person household in Franklin County, Texas: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,850, Low Income (80% AMI): $54,150. These HUD-set limits determine eligibility for various housing programs and are updated annually.
How do I apply for affordable housing in Franklin County, Texas?+
To apply for affordable housing in Franklin County, Texas: 1) Browse the listings on this page to find properties in your preferred city, 2) Contact the property or housing authority directly, 3) Complete their application, and 4) Provide proof of income and household size. Waitlist times vary — apply to multiple properties to maximize your chances.
What types of housing programs are available in Franklin County, Texas?+
Franklin County, Texas offers three main types of affordable housing: Public Housing (28 listings) — government-owned properties with income-based rent; LIHTC (1 listings) — privately owned apartments built with tax credits, offering below-market rents; and Housing Authorities (2 listings) — agencies administering Section 8 vouchers and public housing programs.
How large is the population of Franklin County?+
Franklin County has an estimated population of 2,780 across 2 cities. With 31 affordable housing properties serving the area, the county provides a range of housing assistance options for eligible residents.