About This Property
Market Place Apts is a 60-unit affordable housing community in Brownwood, TX that has served elderly residents since 2007. The property contains 59 low-income units with a mix of 12 one-bedroom and 48 two-bedroom apartments. The community is funded through 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Housing Authority of the City of Brownwood
The waiting list varies in length by bedroom size, ranging from 2 months to a year. Declining two invitations to apply may result in the application being purged from the waitlist.
The waiting list is open indefinitely; applicants are placed on the waiting list by date and time application is received. No preferences. Current wait time is approximately 4 to 6 months. Declining two invitations to apply may result in the application being purged from the waitlist.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Brown 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 | $731 |
| 1 Bedroom | $820 |
| 2 Bedroom | $1,078 |
| 3 Bedroom | $1,367 |
| 4 Bedroom | $1,552 |
Income Limits - Brown County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,350
- Low (80%)
- $34,100
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,400
- Low (80%)
- $39,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,450
- Low (80%)
- $43,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,450
- Low (80%)
- $48,700
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,900
- Low (80%)
- $52,600
- Extremely Low (30%)
- $35,350
- Very Low (50%)
- $35,350
- Low (80%)
- $56,500
- Extremely Low (30%)
- $37,800
- Very Low (50%)
- $37,800
- Low (80%)
- $60,400
- Extremely Low (30%)
- $40,200
- Very Low (50%)
- $40,200
- Low (80%)
- $64,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,350 | $34,100 |
| 2 Persons | $17,420 | $24,400 | $39,000 |
| 3 Persons | $21,960 | $27,450 | $43,850 |
| 4 Persons | $26,500 | $30,450 | $48,700 |
| 5 Persons | $31,040 | $32,900 | $52,600 |
| 6 Persons | $35,350 | $35,350 | $56,500 |
| 7 Persons | $37,800 | $37,800 | $60,400 |
| 8 Persons | $40,200 | $40,200 | $64,300 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Brownwood, TX?+
The Fair Market Rent (FMR) for Brown County, TX is: $731 (Studio), $820 (1BR), $1078 (2BR), $1367 (3BR), $1552 (4BR). Actual rent at subsidized properties like Market Place Apts is typically 30% of household income or less.
What size apartments are available at Market Place Apts?+
Market Place Apts offers the following unit types: 12 One-Bedroom, 48 Two-Bedroom units, for a total of 60 units.
Who manages Market Place Apts?+
Market Place Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Market Place Apts?+
Market Place Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Market Place Apts?+
Market Place 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.
Is there a waitlist for Market Place Apts?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What is the price range for apartments in Brownwood, TX?+
Based on Fair Market Rent for Brown County, the estimated price range is: 1-bedroom: $820, 2-bedroom: $1078. Actual rent at Market Place Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Brown County, TX?+
For a 4-person household in Brown County, TX, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,450, Low Income (80% AMI): $48,700. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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