How many renters live in Cottle County, Texas?
The County of Cottle County has people living in households.
There are renters living in renter households in this County. Renters make up 36.19 percent of the population living in Cottle County.
What is the rental market like in Cottle County, Texas?
There are an estimated housing units in the Cottle County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Cottle County, Texas, there are 1.11 rental units.
What is the vacancy rate for rentals in Cottle County?
The rental vacancy rate in Cottle County is 10 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 Cottle County for each bedroom size?
Occupied Rental Units by Size in Cottle County
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 29 | 88 | 73 | 40 |
Occupied Rental Units by Size in Cottle County
A large number of apartments in Cottle 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 Cottle County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $791 to $1,510. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $791 |
One BR | $818 |
Two BR | $1,016 |
Three BR | $1,332 |
Four BR | $1,510 |
2024 Fair Market Rents in Cottle County, Texas
How many units are rented at Fair Market Rent (FMR) in Cottle 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 | 29 | 100 percent |
Two BR | 66 | 75 percent |
Rental Units Below FMR in Cottle County, Texas
How many affordable rental units are in Cottle County?
There are a variety of federal affordable housing programs serving households in Cottle County, Texas including the following:
Federal Program | Unit Count |
Public Housing | |
USDA Section 514 Farm Labor Housing |
Tracked Units by Federal Program in Cottle County, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Cottle County, Texas
Cottle County features 32 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 Cottle County, Texas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cottle County.
Housing Choice Vouchers in Cottle County, Texas
On average, Section 8 Housing Choice vouchers pay Cottle County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Cottle County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Cottle County, Texas for a two-bedroom apartment is between $914 and $1,118.
Sourced from federal housing data and AffordableHousingOnline.com research.