How many renters live in Baylor County, Texas?
The County of Baylor County has people living in households.
There are renters living in renter households in this County. Renters make up 25.7 percent of the population living in Baylor County.
What is the rental market like in Baylor County, Texas?
There are an estimated housing units in the Baylor County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Baylor County, Texas, there are 1.04 rental units.
What is the vacancy rate for rentals in Baylor County?
The rental vacancy rate in Baylor County is 4 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Baylor County for each bedroom size?
Occupied Rental Units by Size in Baylor County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 118 | 231 | 106 | 18 |
Occupied Rental Units by Size in Baylor County
A large number of apartments in Baylor County 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 Baylor County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $696 to $1,345. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $696 |
| One BR | $701 |
| Two BR | $905 |
| Three BR | $1,275 |
| Four BR | $1,345 |
2024 Fair Market Rents in Baylor County, Texas
How many units are rented at Fair Market Rent (FMR) in Baylor 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 | 112 | 95 percent |
| Two BR | 180 | 78 percent |
Rental Units Below FMR in Baylor County, Texas
How many affordable rental units are in Baylor County?
There are a variety of federal affordable housing programs serving households in Baylor County, Texas including the following:
| Federal Program | Unit Count |
| Public Housing | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Baylor County, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Baylor County, Texas
Baylor County features 216 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 Baylor County, Texas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Baylor County.
Housing Choice Vouchers in Baylor County, Texas
On average, Section 8 Housing Choice vouchers pay Baylor County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Baylor County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Baylor County, Texas for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.