How many renters live in Foard County, Texas?
The County of Foard County has 1,075 people living in 462 households.
There are 408 renters living in 147 renter households in this County. Renters make up 37.95 percent of the population living in Foard County.
What is the rental market like in Foard County, Texas?
There are an estimated 661 housing units in the Foard County area. Of these, 155 units are rental homes, making up 23 percent of the housing market. For every renter household in Foard County, Texas, there are 1 rental units.
What is the vacancy rate for rentals in Foard County?
The rental vacancy rate in Foard County 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 Foard County for each bedroom size?
Occupied Rental Units by Size in Foard County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 26 | 84 | 24 | 13 |
Occupied Rental Units by Size in Foard County
A large number of apartments in Foard 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 Foard County are overburdened by housing costs?
Among renter households in this market, 43 percent have housing cost burden. Further, 38 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 Foard 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 Foard County, Texas
How many units are rented at Fair Market Rent (FMR) in Foard 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 | 26 | 100 percent |
| Two BR | 72 | 86 percent |
Rental Units Below FMR in Foard County, Texas
How many affordable rental units are in Foard County?
There are a variety of federal affordable housing programs serving households in Foard County, Texas including the following:
| Federal Program | Unit Count |
| Public Housing | 30 |
Tracked Units by Federal Program in Foard County, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Foard County, Texas
Foard County features 30 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 Foard County, Texas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Foard County.
Housing Choice Vouchers in Foard County, Texas
On average, Section 8 Housing Choice vouchers pay Foard County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Foard County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Foard County, Texas for a two-bedroom apartment is between $914 and $1,118.
Sourced from federal housing data and AffordableHousingOnline.com research.
