Apartments for Low Income

Questions and Answers

Your Questions About Income Based Apartments

March 14, 2012

Sandra asks…

Income based apartments…?

I was wondering about the whole income based apartment thing. I’ve heard they look at your income and decide from there, but then I see the profiles on the apartments and they have rent ranges listed that don’t look any different from any other place. Exactly how does the whole thing work? Do these places actually determine your rent based on your income or what?

Administrator answers:

It depends on what you mean by income based.

Some people have what is called a “Tax Credit” or “Section 42″ property where they have income guidelines, but the rent is not on a sliding scale. At these places they have to keep their rent below a certain level, and you have to fall in between certain income ranges in order to qualify. These are sort of an in between for people who can’t afford conventional housing, but have too much income to qualify for low income housing.

A low income housing property “Section 8″ or “Subsidized” will have a sliding scale for their rent. You will pay so much per month depending on what your annual income is.

The best option will be to call your local housing authority and ask them if they have a listing of subsidized housing in your community. They would also be able to tell you about obtaining a Section 8 voucher, which they would pay a portion or all of your rent and it would be transferable from property to property. Good luck!

William asks…

does anyone know of any income based apartments in the DFW area? not section 8 or housing.?

section 8 and housing are not taking in any new applications. Any info will helpful.

Administrator answers:

All of the income based apartments are part of “housing”, the rent is subsidized by the tax payers. If you are on the housing waiting list you are already on the waiting list for income based housing.

Steven asks…

where can i find any based on income apartments in the atlanta ga area?

im a single parent with two kids and in need of a place of our own but has to be based on income

Administrator answers:

Hey I would suggest you to check out these websites, I have found really helpful and beneficial information here:

Lisa asks…

How does rent based income apartment works?

I live here in Fresno, CA and while searching for apartments online, I’ve seen some places that let you pay rent based on your income.I don’t really know much about it but,How do they actually calculate it? Is there a certain percentage they take from your gross income? Is every “rent based income” apartment in California the same? And does it matter how many people will be staying in the apartment? (just me, my hubby, and our son?) Also my hubby works full time and Im a full time student.

Administrator answers:

Those are subsidized housing. You will not qualify as you are low income by choice, you are a student. Both your and your husband would have to be working full time.

They take 30% of your gross income as rent, tax payers pick up the rest. There is usually a minimum and maximum income to qualify.

Ruth asks…

are there any income based apartments or houses in or near oceanside ca?

Administrator answers:

There are, you have to qualify with the housing authority, here is the phone number, (619) 231-9400

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