The Grove ATX is a mixed-income community providing top-notch residences and amenity spaces. Along with market-rate rents, The Grove ATX offers well-appointed living spaces at economical rental rates for households earning 60 or 80 percent of median household income. Please contact our Leasing Professionals for more information on how to make The Grove ATX your new home.
Are you a qualified applicant? Keep reading to find out!
Income-Based rentals will be available to households earning 60% Median Family Income or less. Applicant’s gross annual income may not exceed the following limits:
Median Family Income 60%:
- 1-person home may earn no more than $52,920 annually
- 2-person home may earn no more than $60,480 annually
- 3-person home may earn no more than $68,040 annually
- 4-person home may earn no more than $75,600 annually
- 5-person home may earn no more than $81,660 annually
Median Family Income 80%:
- 1-person home may earn no more than $68,500 annually
- 2-person home may earn no more than $78,250 annually
- 3-person home may earn no more than $88,050 annually
- 4-person home may earn no more than $97,800 annually
- 5-person home may earn no more than $105,650 annually
Median Family Income Renewal Max 120%:
- 1-person home may earn no more than $105,850 annually
- 2-person home may earn no more than $ 120,950 annually
- 3-person home may earn no more than $136,100 annually
- 4-person home may earn no more than $151,200 annually
- 5-person home may earn no more than $163,300 annually
Maximum Affordable Rent Limits
Below is the City of Austin’s MAXIMUM RENT that can be charged to the tenant.
Median Family Income Unit Rent 60%:
- Efficiency unit - $1,234
- 2 Bedroom - $1,411
Median Family Income Unit Rent 80%:
- Efficiency unit - $1,598
- 2 Bedroom - $1,824
Do You Qualify? Contact Us for more information.
To begin the application, please prepare to present the following documents:
- Complete application for every household member 18 years of age and older
- Income verification items to include but not limited to-
- 2 months’ worth of consecutive paystubs within the last 90 days.
- Bank Statements
- Tax Returns
- Other potential Income – SSI, Child Support, Cash Gifts, etc.
- Additional documents that may be required depending on each person’s individual income and assets.
Available Floorplans
Inquire About our Affordable Apartments