How many renters live in Blooming Grove, Texas?
The City of Blooming Grove has 764 people living in 303 households.
There are 226 renters living in 78 renter households in this City. Renters make up 29.58 percent of the population living in Blooming Grove.
What is the rental market like in Blooming Grove, Texas?
There are an estimated 395 housing units in the Blooming Grove area. Of these, 93 units are rental homes, making up 24 percent of the housing market. For every renter household in Blooming Grove, Texas, there are 1 rental units.
What is the vacancy rate for rentals in Blooming Grove?
The rental vacancy rate in Blooming Grove is 16 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 Blooming Grove for each bedroom size?
Occupied Rental Units by Size in Blooming Grove
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 3 | 15 | 45 | 15 |
Occupied Rental Units by Size in Blooming Grove
A large number of apartments in Blooming Grove 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 Blooming Grove are overburdened by housing costs?
Among renter households in this market, 21 percent have housing cost burden. Further, 10 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 Blooming Grove
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $700 to $1,722. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $700 |
| One BR | $772 |
| Two BR | $1,015 |
| Three BR | $1,430 |
| Four BR | $1,722 |
2024 Fair Market Rents in Blooming Grove, Texas
How many units are rented at Fair Market Rent (FMR) in Blooming Grove?
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 | 3 | 100 percent |
| Two BR | 5 | 33 percent |
Rental Units Below FMR in Blooming Grove, Texas
How many affordable rental units are in Blooming Grove?
There are a variety of federal affordable housing programs serving households in Blooming Grove, Texas including the following:
| Federal Program | Unit Count |
| Public Housing | 16 |
Tracked Units by Federal Program in Blooming Grove, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Blooming Grove, Texas
Blooming Grove features 16 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 Blooming Grove, Texas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Blooming Grove.
Housing Choice Vouchers in Blooming Grove, Texas
On average, Section 8 Housing Choice vouchers pay Blooming Grove landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Blooming Grove.
The maximum amount a voucher would pay on behalf of a low-income tenant in Blooming Grove, Texas for a two-bedroom apartment is between $914 and $1,117.
Sourced from federal housing data and AffordableHousingOnline.com research.
