What HUD offices serve Horseshoe Bay, 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 Horseshoe Bay.
How many renters live in Horseshoe Bay, Texas?
The City of Horseshoe Bay has people living in households.
There are renters living in renter households in this City. Renters make up 15 percent of the population living in Horseshoe Bay.
What is the rental market like in Horseshoe Bay, Texas?
There are an estimated housing units in the Horseshoe Bay area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Horseshoe Bay, Texas, there are 1 rental units.
What is the vacancy rate for rentals in Horseshoe Bay?
The rental vacancy rate in Horseshoe Bay 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 Horseshoe Bay for each bedroom size?
Occupied Rental Units by Size in Horseshoe Bay
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 37 | 116 | 143 | 18 |
Occupied Rental Units by Size in Horseshoe Bay
A large number of apartments in Horseshoe Bay 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 Horseshoe Bay
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $879 to $1,637. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $879 |
One BR | $885 |
Two BR | $1,138 |
Three BR | $1,604 |
Four BR | $1,637 |
2024 Fair Market Rents in Horseshoe Bay, Texas
How many units are rented at Fair Market Rent (FMR) in Horseshoe Bay?
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 | 0 | 100 percent |
Two BR | 10 | 9 percent |
Rental Units Below FMR in Horseshoe Bay, Texas
How many affordable rental units are in Horseshoe Bay?
Income Based Apartments in Horseshoe Bay, Texas
Horseshoe Bay 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 Horseshoe Bay, Texas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Horseshoe Bay.
Housing Choice Vouchers in Horseshoe Bay, Texas
On average, Section 8 Housing Choice vouchers pay Horseshoe Bay landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Horseshoe Bay.
The maximum amount a voucher would pay on behalf of a low-income tenant in Horseshoe Bay, Texas for a two-bedroom apartment is between $1,059 and $1,295.
Sourced from federal housing data and AffordableHousingOnline.com research.