What HUD offices serve Forest Hill, 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 Forest Hill.
How many renters live in Forest Hill, Texas?
The City of Forest Hill has people living in households.
There are renters living in renter households in this City. Renters make up 29.61 percent of the population living in Forest Hill.
What is the rental market like in Forest Hill, Texas?
There are an estimated housing units in the Forest Hill area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Forest Hill, Texas, there are 1 rental units.
What is the vacancy rate for rentals in Forest Hill?
The rental vacancy rate in Forest Hill 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 Forest Hill for each bedroom size?
Occupied Rental Units by Size in Forest Hill
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 53 | 104 | 772 | 304 |
Occupied Rental Units by Size in Forest Hill
A large number of apartments in Forest Hill 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 Forest Hill
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,266 to $2,615. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $1,266 |
One BR | $1,384 |
Two BR | $1,617 |
Three BR | $2,144 |
Four BR | $2,615 |
2024 Fair Market Rents in Forest Hill, Texas
How many units are rented at Fair Market Rent (FMR) in Forest Hill?
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 | 53 | 100 percent |
Two BR | 100 | 96 percent |
Rental Units Below FMR in Forest Hill, Texas
How many affordable rental units are in Forest Hill?
There are a variety of federal affordable housing programs serving households in Forest Hill, Texas including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | |
Section 8 Project-Based Rental Assistance |
Tracked Units by Federal Program in Forest Hill, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Forest Hill, Texas
Forest Hill 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 Forest Hill, Texas
There are 100 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Forest Hill.
Housing Choice Vouchers in Forest Hill, Texas
On average, Section 8 Housing Choice vouchers pay Forest Hill landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Forest Hill.
The maximum amount a voucher would pay on behalf of a low-income tenant in Forest Hill, Texas for a two-bedroom apartment is between $1,455 and $1,779.
Sourced from federal housing data and AffordableHousingOnline.com research.