What HUD offices serve Asherton, 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 Asherton.
How many renters live in Asherton, Texas?
The City of Asherton has 645 people living in 288 households.
There are 182 renters living in 74 renter households in this City. Renters make up 28.22 percent of the population living in Asherton.
What is the rental market like in Asherton, Texas?
There are an estimated 390 housing units in the Asherton area. Of these, 101 units are rental homes, making up 26 percent of the housing market. For every renter household in Asherton, Texas, there are 1 rental units.
What is the vacancy rate for rentals in Asherton?
The rental vacancy rate in Asherton is 27 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 Asherton for each bedroom size?
Occupied Rental Units by Size in Asherton
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 8 | 15 | 21 | 30 | 0 |
Occupied Rental Units by Size in Asherton
A large number of apartments in Asherton 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 Asherton are overburdened by housing costs?
Among renter households in this market, 64 percent have housing cost burden. Further, 12 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 Asherton
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 | $806 |
| Two BR | $905 |
| Three BR | $1,275 |
| Four BR | $1,345 |
2024 Fair Market Rents in Asherton, Texas
How many units are rented at Fair Market Rent (FMR) in Asherton?
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 | 8 | 100 percent |
| One BR | 15 | 100 percent |
| Two BR | 12 | 57 percent |
Rental Units Below FMR in Asherton, Texas
How many affordable rental units are in Asherton?
There are a variety of federal affordable housing programs serving households in Asherton, Texas including the following:
| Federal Program | Unit Count |
| Public Housing | 32 |
Tracked Units by Federal Program in Asherton, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Asherton, Texas
Asherton features 32 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 Asherton, Texas
There are 16 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Asherton.
Housing Choice Vouchers in Asherton, Texas
On average, Section 8 Housing Choice vouchers pay Asherton landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Asherton.
The maximum amount a voucher would pay on behalf of a low-income tenant in Asherton, Texas for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.
