What HUD offices serve Denton, 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 Denton.
How many renters live in Denton, Texas?
The City of Denton has people living in households.
There are renters living in renter households in this City. Renters make up 42.46 percent of the population living in Denton.
What is the rental market like in Denton, Texas?
There are an estimated housing units in the Denton area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Denton, Texas, there are 1.06 rental units.
What is the vacancy rate for rentals in Denton?
The rental vacancy rate in Denton is 6 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 Denton for each bedroom size?
Occupied Rental Units by Size in Denton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 2,306 6,690 9,093 6,327 2,693 Occupied Rental Units by Size in Denton
A large number of apartments in Denton 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 Denton
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,426 to $2,847. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $1,426 One BR $1,500 Two BR $1,758 Three BR $2,212 Four BR $2,847 2024 Fair Market Rents in Denton, Texas
How many units are rented at Fair Market Rent (FMR) in Denton?
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 2,048 89 percent One BR 5,654 85 percent Two BR 6,145 68 percent Rental Units Below FMR in Denton, Texas
How many affordable rental units are in Denton?
There are a variety of federal affordable housing programs serving households in
Denton, Texas including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Section 202 Supportive Housing for the Elderly Section 811 Supportive Housing for Persons with Disabilities Tracked Units by Federal Program in Denton, Texas
Income Based Apartments in Denton, Texas
Denton features 65 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 Denton, Texas
There are 2,520 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Denton.
Housing Choice Vouchers in Denton, Texas
On average, Section 8 Housing Choice vouchers pay Denton landlords $900 per month towards rent. The average voucher holder contributes $300 towards rent in Denton.
The maximum amount a voucher would pay on behalf of a low-income tenant in Denton, Texas for a two-bedroom apartment is between $1,582 and $1,934.
Sourced from federal housing data and AffordableHousingOnline.com research.