How many renters live in Bowie, Texas?
The City of Bowie has people living in households.
There are renters living in renter households in this City. Renters make up 33.3 percent of the population living in Bowie.
What is the rental market like in Bowie, Texas?
There are an estimated housing units in the Bowie area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Bowie, Texas, there are 1.27 rental units.
What is the vacancy rate for rentals in Bowie?
The rental vacancy rate in Bowie is 21 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 Bowie for each bedroom size?
Occupied Rental Units by Size in Bowie
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 92 | 239 | 298 | 0 |
Occupied Rental Units by Size in Bowie
A large number of apartments in Bowie 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 Bowie
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $868 to $1,706. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $868 |
| One BR | $874 |
| Two BR | $1,148 |
| Three BR | $1,553 |
| Four BR | $1,706 |
2024 Fair Market Rents in Bowie, Texas
How many units are rented at Fair Market Rent (FMR) in Bowie?
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 | 64 | 70 percent |
| Two BR | 154 | 64 percent |
Rental Units Below FMR in Bowie, Texas
How many affordable rental units are in Bowie?
There are a variety of federal affordable housing programs serving households in Bowie, Texas including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Bowie, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Bowie, Texas
Bowie features 48 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 Bowie, Texas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bowie.
Housing Choice Vouchers in Bowie, Texas
On average, Section 8 Housing Choice vouchers pay Bowie landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Bowie.
The maximum amount a voucher would pay on behalf of a low-income tenant in Bowie, Texas for a two-bedroom apartment is between $1,033 and $1,263.
Sourced from federal housing data and AffordableHousingOnline.com research.