
About This Property
The Veranda comprises 322 low-income units in Denton, Texas, serving families, elderly individuals, disabled residents, and formerly homeless populations. The property, placed in service in 2017 and financed through 4% Low-Income Housing Tax Credits, offers a mix of one-, two-, three-, and four-bedroom floor plans with 36, 146, 124, and 16 units respectively. A non-profit organization owns and manages the community.
Waitlist Information
Waitlist managed by Denton Housing Authority
Applicants must be 18 or an emancipated minor, meet income limits, and pass a criminal background check; lifetime registered sex offenders or methamphetamine manufacturers are ineligible. Declining two invitations to apply will result in removal from the waitlist.
The HCV waitlist has historically been closed for long stretches and opens rarely. Previous opening preferences included living, working, or attending school locally; elderly; disabled/handicapped; veteran; victim of domestic violence; and homeless.
Waitlist data provided by section8waitlist.org
Updated September 5, 2026
Property Details
Fair Market Rent - Denton 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 | $1,426 |
| 1 Bedroom | $1,500 |
| 2 Bedroom | $1,758 |
| 3 Bedroom | $2,212 |
| 4 Bedroom | $2,847 |
Income Limits - Denton County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,700
- Very Low (50%)
- $31,150
- Low (80%)
- $49,850
- Extremely Low (30%)
- $21,400
- Very Low (50%)
- $35,600
- Low (80%)
- $57,000
- Extremely Low (30%)
- $24,050
- Very Low (50%)
- $40,050
- Low (80%)
- $64,100
- Extremely Low (30%)
- $26,700
- Very Low (50%)
- $44,500
- Low (80%)
- $71,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $48,100
- Low (80%)
- $76,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $51,650
- Low (80%)
- $82,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $55,200
- Low (80%)
- $88,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $58,750
- Low (80%)
- $94,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,700 | $31,150 | $49,850 |
| 2 Persons | $21,400 | $35,600 | $57,000 |
| 3 Persons | $24,050 | $40,050 | $64,100 |
| 4 Persons | $26,700 | $44,500 | $71,200 |
| 5 Persons | $31,040 | $48,100 | $76,900 |
| 6 Persons | $35,580 | $51,650 | $82,600 |
| 7 Persons | $40,120 | $55,200 | $88,300 |
| 8 Persons | $44,660 | $58,750 | $94,000 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Denton, TX?+
The Fair Market Rent (FMR) for Denton County, TX is: $1426 (Studio), $1500 (1BR), $1758 (2BR), $2212 (3BR), $2847 (4BR). Actual rent at subsidized properties like The Veranda is typically 30% of household income or less.
What size apartments are available at The Veranda?+
The Veranda offers the following unit types: 36 One-Bedroom, 146 Two-Bedroom, 124 Three-Bedroom, 16 Four-Bedroom units, for a total of 322 units.
How do I apply for housing at The Veranda?+
The Veranda 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 Denton County, TX?+
For a 4-person household in Denton County, TX, the income limits are: Extremely Low Income (30% AMI): $26,700, Very Low Income (50% AMI): $44,500, Low Income (80% AMI): $71,200. These limits are set by HUD and updated annually.
What is the price range for apartments in Denton, TX?+
Based on Fair Market Rent for Denton County, the estimated price range is: 1-bedroom: $1500, 2-bedroom: $1758, 3-bedroom: $2212. Actual rent at The Veranda may be lower for income-eligible households.
Who is eligible to live at The Veranda?+
The Veranda primarily serves families, elderly residents, persons with disabilities, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for The Veranda?+
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 The Veranda?+
The Veranda is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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