What HUD offices serve Hedley, 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 Hedley.
How many renters live in Hedley, Texas?
The City of Hedley has 254 people living in 105 households.
There are 48 renters living in 13 renter households in this City. Renters make up 18.9 percent of the population living in Hedley.
What is the rental market like in Hedley, Texas?
There are an estimated 180 housing units in the Hedley area. Of these, 13 units are rental homes, making up 7 percent of the housing market. For every renter household in Hedley, Texas, there are 1 rental units.
What is the vacancy rate for rentals in Hedley?
The rental vacancy rate in Hedley 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 Hedley for each bedroom size?
Occupied Rental Units by Size in Hedley
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 1 | 3 | 1 | 5 | 2 |
Occupied Rental Units by Size in Hedley
A large number of apartments in Hedley 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 Hedley are overburdened by housing costs?
Among renter households in this market, 0 percent have housing cost burden. Further, 0 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 Hedley
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $684 to $1,345. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $684 |
| One BR | $689 |
| Two BR | $905 |
| Three BR | $1,243 |
| Four BR | $1,345 |
2024 Fair Market Rents in Hedley, Texas
How many units are rented at Fair Market Rent (FMR) in Hedley?
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 | 1 | 100 percent |
| One BR | 2 | 67 percent |
| Two BR | 1 | 100 percent |
Rental Units Below FMR in Hedley, Texas
How many affordable rental units are in Hedley?
There are a variety of federal affordable housing programs serving households in Hedley, Texas including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing | 10 |
Tracked Units by Federal Program in Hedley, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Hedley, Texas
Hedley features 10 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 Hedley, Texas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hedley.
Housing Choice Vouchers in Hedley, Texas
On average, Section 8 Housing Choice vouchers pay Hedley landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Hedley.
The maximum amount a voucher would pay on behalf of a low-income tenant in Hedley, Texas for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.
