About This Property
Granada Terrace Apts provides 154 low-income housing units in South Houston, consisting of 64 one-bedroom and 90 two-bedroom floor plans. The property has been in service since 1991 and operates in Harris County.
Property Details
Fair Market Rent - Harris 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 | $1,073 |
| 1 Bedroom | $1,135 |
| 2 Bedroom | $1,357 |
| 3 Bedroom | $1,792 |
| 4 Bedroom | $2,303 |
Income Limits - Harris County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,650
- Very Low (50%)
- $27,750
- Low (80%)
- $44,350
- Extremely Low (30%)
- $19,000
- Very Low (50%)
- $31,700
- Low (80%)
- $50,700
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,650
- Low (80%)
- $57,050
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,600
- Low (80%)
- $63,350
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,800
- Low (80%)
- $68,450
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,950
- Low (80%)
- $73,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,150
- Low (80%)
- $78,600
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,300
- Low (80%)
- $83,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,650 | $27,750 | $44,350 |
| 2 Persons | $19,000 | $31,700 | $50,700 |
| 3 Persons | $21,960 | $35,650 | $57,050 |
| 4 Persons | $26,500 | $39,600 | $63,350 |
| 5 Persons | $31,040 | $42,800 | $68,450 |
| 6 Persons | $35,580 | $45,950 | $73,500 |
| 7 Persons | $40,120 | $49,150 | $78,600 |
| 8 Persons | $44,660 | $52,300 | $83,650 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in South Houston, TX?+
The Fair Market Rent (FMR) for Harris County, TX is: $1073 (Studio), $1135 (1BR), $1357 (2BR), $1792 (3BR), $2303 (4BR). Actual rent at subsidized properties like Granada Terrace Apts is typically 30% of household income or less.
What size apartments are available at Granada Terrace Apts?+
Granada Terrace Apts offers the following unit types: 64 One-Bedroom, 90 Two-Bedroom units, for a total of 154 units.
What is the price range for apartments in South Houston, TX?+
Based on Fair Market Rent for Harris County, the estimated price range is: 1-bedroom: $1135, 2-bedroom: $1357. Actual rent at Granada Terrace Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Harris County, TX?+
For a 4-person household in Harris County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,600, Low Income (80% AMI): $63,350. These limits are set by HUD and updated annually.
Who manages Granada Terrace Apts?+
Granada Terrace Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Granada Terrace Apts?+
Granada Terrace 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
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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