About This Property
Pecan Village comprises 82 low-income units in Wharton, Texas, serving elderly residents. The property includes 81 one-bedroom and one two-bedroom units and has been in service since 2006. Financing includes HOME funds and 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Wharton 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 | $677 |
| 1 Bedroom | $803 |
| 2 Bedroom | $999 |
| 3 Bedroom | $1,408 |
| 4 Bedroom | $1,558 |
Income Limits - Wharton County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,450
- Very Low (50%)
- $22,400
- Low (80%)
- $35,850
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,600
- Low (80%)
- $41,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,800
- Low (80%)
- $46,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,000
- Low (80%)
- $51,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,600
- Low (80%)
- $55,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,150
- Low (80%)
- $59,400
- Extremely Low (30%)
- $39,700
- Very Low (50%)
- $39,700
- Low (80%)
- $63,500
- Extremely Low (30%)
- $42,250
- Very Low (50%)
- $42,250
- Low (80%)
- $67,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,450 | $22,400 | $35,850 |
| 2 Persons | $17,420 | $25,600 | $41,000 |
| 3 Persons | $21,960 | $28,800 | $46,100 |
| 4 Persons | $26,500 | $32,000 | $51,200 |
| 5 Persons | $31,040 | $34,600 | $55,300 |
| 6 Persons | $35,580 | $37,150 | $59,400 |
| 7 Persons | $39,700 | $39,700 | $63,500 |
| 8 Persons | $42,250 | $42,250 | $67,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Wharton, TX?+
The Fair Market Rent (FMR) for Wharton County, TX is: $677 (Studio), $803 (1BR), $999 (2BR), $1408 (3BR), $1558 (4BR). Actual rent at subsidized properties like Pecan Village is typically 30% of household income or less.
What size apartments are available at Pecan Village?+
Pecan Village offers the following unit types: 81 One-Bedroom, 1 Two-Bedroom units, for a total of 82 units.
What is the price range for apartments in Wharton, TX?+
Based on Fair Market Rent for Wharton County, the estimated price range is: 1-bedroom: $803, 2-bedroom: $999. Actual rent at Pecan Village may be lower for income-eligible households.
Who is eligible to live at Pecan Village?+
Pecan Village primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Pecan Village?+
Pecan Village is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Pecan Village?+
Pecan Village 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 Wharton County, TX?+
For a 4-person household in Wharton County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,000, Low Income (80% AMI): $51,200. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.