What HUD offices serve Cumby, Texas?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the Texas Public Housing and Low-Income Apartments Waiting Lists page for openings near Cumby.
How many renters live in Cumby, Texas?
The City of Cumby has 756 people living in 292 households.
There are 274 renters living in 93 renter households in this City. Renters make up 36.24 percent of the population living in Cumby.
What is the rental market like in Cumby, Texas?
There are an estimated 326 housing units in the Cumby area. Of these, 93 units are rental homes, making up 29 percent of the housing market. For every renter household in Cumby, Texas, there are 1 rental units.
What is the vacancy rate for rentals in Cumby?
The rental vacancy rate in Cumby is 0 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 Cumby for each bedroom size?
Occupied Rental Units by Size in Cumby
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 3 | 51 | 36 | 3 |
Occupied Rental Units by Size in Cumby
A large number of apartments in Cumby 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 Cumby are overburdened by housing costs?
Among renter households in this market, 26 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 Cumby
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $718 to $1,475. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $718 |
| One BR | $869 |
| Two BR | $1,059 |
| Three BR | $1,469 |
| Four BR | $1,475 |
2024 Fair Market Rents in Cumby, Texas
How many units are rented at Fair Market Rent (FMR) in Cumby?
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 | 31 | 61 percent |
Rental Units Below FMR in Cumby, Texas
How many affordable rental units are in Cumby?
There are a variety of federal affordable housing programs serving households in Cumby, Texas including the following:
| Federal Program | Unit Count |
| Public Housing | 9 |
| Section 8 Project-Based Rental Assistance | 10 |
Tracked Units by Federal Program in Cumby, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Cumby, Texas
Cumby features 19 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 Cumby, Texas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cumby.
Housing Choice Vouchers in Cumby, Texas
On average, Section 8 Housing Choice vouchers pay Cumby landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Cumby.
The maximum amount a voucher would pay on behalf of a low-income tenant in Cumby, Texas for a two-bedroom apartment is between $953 and $1,165.
Sourced from federal housing data and AffordableHousingOnline.com research.
