About This Property
Wharton Square comprises 40 low-income residential units in Wharton, Texas, with a mix of 16 one-bedroom and 24 two-bedroom apartments. The property has been in service since 1987 and serves residents in Wharton County.
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 Wharton Square is typically 30% of household income or less.
What size apartments are available at Wharton Square?+
Wharton Square offers the following unit types: 16 One-Bedroom, 24 Two-Bedroom units, for a total of 40 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 Wharton Square may be lower for income-eligible households.
Who manages Wharton Square?+
Wharton Square is managed by . You can reach them at .
How do I apply for housing at Wharton Square?+
Wharton Square is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.