What HUD offices serve West Lake Hills, 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 West Lake Hills.
How many renters live in West Lake Hills, Texas?
The City of West Lake Hills has 3,360 people living in 1,234 households.
There are 312 renters living in 146 renter households in this City. Renters make up 9.29 percent of the population living in West Lake Hills.
What is the rental market like in West Lake Hills, Texas?
There are an estimated 1,342 housing units in the West Lake Hills area. Of these, 213 units are rental homes, making up 16 percent of the housing market. For every renter household in West Lake Hills, Texas, there are 1 rental units.
What is the vacancy rate for rentals in West Lake Hills?
The rental vacancy rate in West Lake Hills is 31 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 West Lake Hills for each bedroom size?
Occupied Rental Units by Size in West Lake Hills
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 40 | 29 | 17 | 60 | 0 |
Occupied Rental Units by Size in West Lake Hills
A large number of apartments in West Lake Hills 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 West Lake Hills are overburdened by housing costs?
Among renter households in this market, 27 percent have housing cost burden. Further, 27 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 West Lake Hills
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,519 to $2,840. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,519 |
| One BR | $1,635 |
| Two BR | $1,924 |
| Three BR | $2,470 |
| Four BR | $2,840 |
2024 Fair Market Rents in West Lake Hills, Texas
How many units are rented at Fair Market Rent (FMR) in West Lake Hills?
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 | 30 | 75 percent |
| One BR | 29 | 100 percent |
| Two BR | 0 | 100 percent |
Rental Units Below FMR in West Lake Hills, Texas
How many affordable rental units are in West Lake Hills?
There are a variety of federal affordable housing programs serving households in West Lake Hills, Texas including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 48 |
Tracked Units by Federal Program in West Lake Hills, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in West Lake Hills, Texas
West Lake Hills features 0 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 West Lake Hills, Texas
There are 48 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in West Lake Hills.
Housing Choice Vouchers in West Lake Hills, Texas
On average, Section 8 Housing Choice vouchers pay West Lake Hills landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in West Lake Hills.
The maximum amount a voucher would pay on behalf of a low-income tenant in West Lake Hills, Texas for a two-bedroom apartment is between $1,732 and $2,116.
Sourced from federal housing data and AffordableHousingOnline.com research.
