What HUD offices serve Stephens County, 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 Stephens County.
How many renters live in Stephens County, Texas?
The County of Stephens County has 9,260 people living in 3,405 households.
There are 1,437 renters living in 728 renter households in this County. Renters make up 15.52 percent of the population living in Stephens County.
What is the rental market like in Stephens County, Texas?
There are an estimated 4,677 housing units in the Stephens County area. Of these, 859 units are rental homes, making up 18 percent of the housing market. For every renter household in Stephens County, Texas, there are 1 rental units.
What is the vacancy rate for rentals in Stephens County?
The rental vacancy rate in Stephens County is 15 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Stephens County for each bedroom size?
Occupied Rental Units by Size in Stephens County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 77 | 457 | 138 | 56 |
Occupied Rental Units by Size in Stephens County
A large number of apartments in Stephens County 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 Stephens County are overburdened by housing costs?
Among renter households in this market, 41 percent have housing cost burden. Further, 22 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 Stephens County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $705 to $1,345. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $705 |
| One BR | $729 |
| Two BR | $905 |
| Three BR | $1,275 |
| Four BR | $1,345 |
2024 Fair Market Rents in Stephens County, Texas
How many units are rented at Fair Market Rent (FMR) in Stephens County?
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 | 62 | 81 percent |
| Two BR | 357 | 78 percent |
Rental Units Below FMR in Stephens County, Texas
How many affordable rental units are in Stephens County?
There are a variety of federal affordable housing programs serving households in Stephens County, Texas including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 24 |
| Public Housing | 85 |
| Section 8 Project-Based Rental Assistance | 70 |
| USDA Section 515 Rural Rental Housing | 96 |
Tracked Units by Federal Program in Stephens County, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Stephens County, Texas
Stephens County features 269 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 Stephens County, Texas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Stephens County.
Housing Choice Vouchers in Stephens County, Texas
On average, Section 8 Housing Choice vouchers pay Stephens County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Stephens County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Stephens County, Texas for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.
