What HUD offices serve Balch Springs, 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 Balch Springs.
How many renters live in Balch Springs, Texas?
The City of Balch Springs has people living in households.
There are renters living in renter households in this City. Renters make up 34.99 percent of the population living in Balch Springs.
What is the rental market like in Balch Springs, Texas?
There are an estimated housing units in the Balch Springs area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Balch Springs, Texas, there are 1.1 rental units.
What is the vacancy rate for rentals in Balch Springs?
The rental vacancy rate in Balch Springs 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 Balch Springs for each bedroom size?
Occupied Rental Units by Size in Balch Springs
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 125 | 766 | 970 | 955 | 237 |
Occupied Rental Units by Size in Balch Springs
A large number of apartments in Balch Springs have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Balch Springs
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,426 to $2,847. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,426 |
| One BR | $1,500 |
| Two BR | $1,758 |
| Three BR | $2,212 |
| Four BR | $2,847 |
2024 Fair Market Rents in Balch Springs, Texas
How many units are rented at Fair Market Rent (FMR) in Balch Springs?
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 | 117 | 94 percent |
| One BR | 758 | 99 percent |
| Two BR | 834 | 86 percent |
Rental Units Below FMR in Balch Springs, Texas
How many affordable rental units are in Balch Springs?
There are a variety of federal affordable housing programs serving households in Balch Springs, Texas including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Section 8 Project-Based Rental Assistance |
Tracked Units by Federal Program in Balch Springs, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Balch Springs, Texas
Balch Springs features 168 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 Balch Springs, Texas
There are 1,395 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Balch Springs.
Housing Choice Vouchers in Balch Springs, Texas
On average, Section 8 Housing Choice vouchers pay Balch Springs landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Balch Springs.
The maximum amount a voucher would pay on behalf of a low-income tenant in Balch Springs, Texas for a two-bedroom apartment is between $1,582 and $1,934.
Sourced from federal housing data and AffordableHousingOnline.com research.