How many renters live in Hutto, Texas?
The City of Hutto has people living in households.
There are renters living in renter households in this City. Renters make up 19.41 percent of the population living in Hutto.
What is the rental market like in Hutto, Texas?
There are an estimated housing units in the Hutto area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Hutto, Texas, there are 1.1 rental units.
What is the vacancy rate for rentals in Hutto?
The rental vacancy rate in Hutto is 6 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 Hutto for each bedroom size?
Occupied Rental Units by Size in Hutto
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 105 | 13 | 1,310 | 278 |
Occupied Rental Units by Size in Hutto
A large number of apartments in Hutto 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 Hutto
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,519 to $2,840. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,519 |
| One BR | $1,635 |
| Two BR | $1,924 |
| Three BR | $2,470 |
| Four BR | $2,840 |
2024 Fair Market Rents in Hutto, Texas
How many units are rented at Fair Market Rent (FMR) in Hutto?
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 | 105 | 100 percent |
| Two BR | 0 | 100 percent |
Rental Units Below FMR in Hutto, Texas
How many affordable rental units are in Hutto?
There are a variety of federal affordable housing programs serving households in Hutto, Texas including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit |
Tracked Units by Federal Program in Hutto, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Hutto, Texas
Hutto 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 Hutto, Texas
There are 312 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hutto.
Housing Choice Vouchers in Hutto, Texas
On average, Section 8 Housing Choice vouchers pay Hutto landlords $1,100 per month towards rent. The average voucher holder contributes $400 towards rent in Hutto.
The maximum amount a voucher would pay on behalf of a low-income tenant in Hutto, Texas for a two-bedroom apartment is between $1,732 and $2,116.
Sourced from federal housing data and AffordableHousingOnline.com research.