What HUD offices serve Fort Worth, 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 Fort Worth.
How many renters live in Fort Worth, Texas?
The City of Fort Worth has people living in households.
There are renters living in renter households in this City. Renters make up 33.57 percent of the population living in Fort Worth.
What is the rental market like in Fort Worth, Texas?
There are an estimated housing units in the Fort Worth area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Fort Worth, Texas, there are 1.12 rental units.
What is the vacancy rate for rentals in Fort Worth?
The rental vacancy rate in Fort Worth is 9 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 Fort Worth for each bedroom size?
Occupied Rental Units by Size in Fort Worth
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 6,786 41,137 51,082 30,040 8,979 Occupied Rental Units by Size in Fort Worth
A large number of apartments in Fort Worth 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 Fort Worth
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 Fort Worth, Texas
How many units are rented at Fair Market Rent (FMR) in Fort Worth?
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 3,681 54 percent One BR 26,552 65 percent Two BR 32,657 64 percent Rental Units Below FMR in Fort Worth, Texas
How many affordable rental units are in Fort Worth?
There are a variety of federal affordable housing programs serving households in
Fort Worth, Texas including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Public Housing Section 8 Project-Based Rental Assistance Mod Rehab Project-Based Rental Assistance Section 202 Supportive Housing for the Elderly Section 811 Supportive Housing for Persons with Disabilities Tracked Units by Federal Program in Fort Worth, Texas
Income Based Apartments in Fort Worth, Texas
Fort Worth features 5,875 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 Fort Worth, Texas
There are 12,226 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fort Worth.
Housing Choice Vouchers in Fort Worth, Texas
On average, Section 8 Housing Choice vouchers pay Fort Worth landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Fort Worth.
The maximum amount a voucher would pay on behalf of a low-income tenant in Fort Worth, Texas for a two-bedroom apartment is between $1,455 and $1,779.
Sourced from federal housing data and AffordableHousingOnline.com research.