How many renters live in Concho County, Texas?
The County of Concho County has 3,235 people living in 816 households.
There are 403 renters living in 157 renter households in this County. Renters make up 12.46 percent of the population living in Concho County.
What is the rental market like in Concho County, Texas?
There are an estimated 1,424 housing units in the Concho County area. Of these, 169 units are rental homes, making up 12 percent of the housing market. For every renter household in Concho County, Texas, there are 1 rental units.
What is the vacancy rate for rentals in Concho County?
The rental vacancy rate in Concho County is 7 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 Concho County for each bedroom size?
Occupied Rental Units by Size in Concho County
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
8 | 21 | 55 | 67 | 6 |
Occupied Rental Units by Size in Concho County
A large number of apartments in Concho County 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 Concho County are overburdened by housing costs?
Among renter households in this market, 34 percent have housing cost burden. Further, 15 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 Concho County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $925 to $1,766. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $925 |
One BR | $957 |
Two BR | $1,188 |
Three BR | $1,436 |
Four BR | $1,766 |
2024 Fair Market Rents in Concho County, Texas
How many units are rented at Fair Market Rent (FMR) in Concho 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 | 8 | 100 percent |
One BR | 18 | 86 percent |
Two BR | 32 | 58 percent |
Rental Units Below FMR in Concho County, Texas
How many affordable rental units are in Concho County?
There are a variety of federal affordable housing programs serving households in Concho County, Texas including the following:
Federal Program | Unit Count |
Public Housing | 34 |
Tracked Units by Federal Program in Concho County, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Concho County, Texas
Concho County features 0 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 Concho County, Texas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Concho County.
Housing Choice Vouchers in Concho County, Texas
On average, Section 8 Housing Choice vouchers pay Concho County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Concho County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Concho County, Texas for a two-bedroom apartment is between $1,069 and $1,307.
Sourced from federal housing data and AffordableHousingOnline.com research.