What HUD offices serve Seagraves, Texas?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the Texas Public Housing and Low-Income Apartments Waiting Lists page for openings near Seagraves.
How many renters live in Seagraves, Texas?
The City of Seagraves has 2,772 people living in 1,071 households.
There are 797 renters living in 377 renter households in this City. Renters make up 28.75 percent of the population living in Seagraves.
What is the rental market like in Seagraves, Texas?
There are an estimated 1,188 housing units in the Seagraves area. Of these, 401 units are rental homes, making up 34 percent of the housing market. For every renter household in Seagraves, Texas, there are 1 rental units.
What is the vacancy rate for rentals in Seagraves?
The rental vacancy rate in Seagraves is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Seagraves for each bedroom size?
Occupied Rental Units by Size in Seagraves
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 48 | 257 | 72 | 0 |
Occupied Rental Units by Size in Seagraves
A large number of apartments in Seagraves have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Seagraves are overburdened by housing costs?
Among renter households in this market, 28 percent have housing cost burden. Further, 0 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Seagraves
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $735 to $1,403. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $735 |
| One BR | $760 |
| Two BR | $944 |
| Three BR | $1,141 |
| Four BR | $1,403 |
2024 Fair Market Rents in Seagraves, Texas
How many units are rented at Fair Market Rent (FMR) in Seagraves?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| One BR | 48 | 100 percent |
| Two BR | 168 | 65 percent |
Rental Units Below FMR in Seagraves, Texas
How many affordable rental units are in Seagraves?
There are a variety of federal affordable housing programs serving households in Seagraves, Texas including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 32 |
| Public Housing | 63 |
| USDA Section 515 Rural Rental Housing | 32 |
Tracked Units by Federal Program in Seagraves, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Seagraves, Texas
Seagraves features 64 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Seagraves, Texas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Seagraves.
Housing Choice Vouchers in Seagraves, Texas
On average, Section 8 Housing Choice vouchers pay Seagraves landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Seagraves.
The maximum amount a voucher would pay on behalf of a low-income tenant in Seagraves, Texas for a two-bedroom apartment is between $850 and $1,038.
Sourced from federal housing data and AffordableHousingOnline.com research.
