How many renters live in Burnet County, Texas?
The County of Burnet County has people living in households.
There are renters living in renter households in this County. Renters make up 21.16 percent of the population living in Burnet County.
What is the rental market like in Burnet County, Texas?
There are an estimated housing units in the Burnet County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Burnet County, Texas, there are 1.06 rental units.
What is the vacancy rate for rentals in Burnet County?
The rental vacancy rate in Burnet County is 2 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 Burnet County for each bedroom size?
Occupied Rental Units by Size in Burnet County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 130 486 1,216 1,773 207 Occupied Rental Units by Size in Burnet County
A large number of apartments in Burnet 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 Burnet County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $969 to $1,651. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2026 Fair Market Rents Studio $969 One BR $997 Two BR $1,247 Three BR $1,645 Four BR $1,651 2026 Fair Market Rents in Burnet County, Texas
How many units are rented at Fair Market Rent (FMR) in Burnet 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 Studio 67 52 percent One BR 272 56 percent Two BR 652 54 percent Rental Units Below FMR in Burnet County, Texas
How many affordable rental units are in Burnet County?
There are a variety of federal affordable housing programs serving households in
Burnet County, Texas including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Public Housing Section 8 Project-Based Rental Assistance USDA Section 515 Rural Rental Housing Tracked Units by Federal Program in Burnet County, Texas
Income Based Apartments in Burnet County, Texas
Burnet County features 322 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 Burnet County, Texas
There are 351 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Burnet County.
Housing Choice Vouchers in Burnet County, Texas
On average, Section 8 Housing Choice vouchers pay Burnet County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Burnet County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Burnet County, Texas for a two-bedroom apartment is between $1,024 and $1,252.
Sourced from federal housing data and AffordableHousingOnline.com research.