Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Park Meadows Apts Phase Ii

2627 Oak Dr, Lubbock, TX, 79404

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Park Meadows Apts Phase II is an apartment community in Lubbock, TX consisting of 120 units. The property is managed as affordable housing and serves the Lubbock County area. Interested parties can contact the property directly for information about availability and lease terms.

Waitlist Information

Waitlist managed by Housing Authority of Lubbock

Public Housing Waitlist
Closed
Apply: Online

Eligibility is based on annual gross income, family size, U.S. citizenship or eligible immigration status, and qualifying as a family or person with a disability. Income limits are set by HUD, with lower limits at 80% and very low-income limits at 50% of the median income for the county or metropolitan area.

Last verified February 9, 2026
Section 8 (HCV) Waitlist
Closed
Apply: Online

Eligibility is based on annual gross income, family size, U.S. citizens or specified non-citizens with eligible immigration status. Generally, income cannot exceed 50% of the county or metropolitan area's median income, with 75% of vouchers provided to applicants whose incomes do not exceed 30% of the area median income.

Last verified February 17, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
120

Fair Market Rent - Lubbock County, TX

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$778
1 Bedroom$931
2 Bedroom$1,113
3 Bedroom$1,551
4 Bedroom$1,829

Income Limits - Lubbock County, TX

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$14,800
Very Low (50%)
$24,650
Low (80%)
$39,450
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$28,200
Low (80%)
$45,050
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$31,700
Low (80%)
$50,700
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$35,200
Low (80%)
$56,300
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$38,050
Low (80%)
$60,850
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$40,850
Low (80%)
$65,350
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$43,650
Low (80%)
$69,850
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$46,500
Low (80%)
$74,350

Tax Credit Program Details

Year Placed in Service
8888
Low-Income Units
0 / 120

Frequently Asked Questions

What is the average rent for affordable housing in Lubbock, TX?+

The Fair Market Rent (FMR) for Lubbock County, TX is: $778 (Studio), $931 (1BR), $1113 (2BR), $1551 (3BR), $1829 (4BR). Actual rent at subsidized properties like Park Meadows Apts Phase Ii is typically 30% of household income or less.

What are the income limits for affordable housing in Lubbock County, TX?+

For a 4-person household in Lubbock County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,200, Low Income (80% AMI): $56,300. These limits are set by HUD and updated annually.

How do I apply for housing at Park Meadows Apts Phase Ii?+

Park Meadows Apts Phase Ii 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.

Is there a waitlist for Park Meadows Apts Phase Ii?+

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 Park Meadows Apts Phase Ii?+

Park Meadows Apts Phase Ii is managed by . You can reach them at . Visit their website for more information.

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Walk Score

Car-Dependent

26
Walk
22
Transit
30
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Lubbock County, TX

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Housing Resources in Lubbock, TX

HUD-Approved Counseling Agencies

NORTH & EAST LUBBOCK COMMUNITY DEVELOPMENT CORPORATION

Pre-Purchase CounselingPre-Purchase Homebuyer Education WorkshopsFinancial Management/Budget Counseling