What HUD offices serve The Woodlands, 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 The Woodlands.
How many renters live in The Woodlands, Texas?
The City of The Woodlands has 117,970 people living in 45,943 households.
There are 23,874 renters living in 12,792 renter households in this City. Renters make up 20.24 percent of the population living in The Woodlands.
What is the rental market like in The Woodlands, Texas?
There are an estimated 45,704 housing units in the The Woodlands area. Of these, 13,110 units are rental homes, making up 29 percent of the housing market. For every renter household in The Woodlands, Texas, there are 1 rental units.
What is the vacancy rate for rentals in The Woodlands?
The rental vacancy rate in The Woodlands is 9 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 The Woodlands for each bedroom size?
Occupied Rental Units by Size in The Woodlands
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 259 | 3,886 | 2,977 | 2,835 | 1,649 |
Occupied Rental Units by Size in The Woodlands
A large number of apartments in The Woodlands 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 The Woodlands are overburdened by housing costs?
Among renter households in this market, 46 percent have housing cost burden. Further, 29 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 The Woodlands
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,073 to $2,303. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,073 |
| One BR | $1,135 |
| Two BR | $1,357 |
| Three BR | $1,792 |
| Four BR | $2,303 |
2024 Fair Market Rents in The Woodlands, Texas
How many units are rented at Fair Market Rent (FMR) in The Woodlands?
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 |
| Studio | 39 | 15 percent |
| One BR | 1,618 | 42 percent |
| Two BR | 786 | 26 percent |
Rental Units Below FMR in The Woodlands, Texas
How many affordable rental units are in The Woodlands?
There are a variety of federal affordable housing programs serving households in The Woodlands, Texas including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 1,669 |
| Section 8 Project-Based Rental Assistance | 1,048 |
| Section 236 Rental Assistance | 22 |
| Section 202 Supportive Housing for the Elderly | 59 |
| Section 811 Supportive Housing for Persons with Disabilities | 19 |
Tracked Units by Federal Program in The Woodlands, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in The Woodlands, Texas
The Woodlands features 939 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 The Woodlands, Texas
There are 452 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in The Woodlands.
Housing Choice Vouchers in The Woodlands, Texas
On average, Section 8 Housing Choice vouchers pay The Woodlands landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in The Woodlands.
The maximum amount a voucher would pay on behalf of a low-income tenant in The Woodlands, Texas for a two-bedroom apartment is between $1,221 and $1,493.
Sourced from federal housing data and AffordableHousingOnline.com research.
