What HUD offices serve Kennedale, 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 Kennedale.
How many renters live in Kennedale, Texas?
The City of Kennedale has 8,590 people living in 2,896 households.
There are 1,863 renters living in 836 renter households in this City. Renters make up 21.69 percent of the population living in Kennedale.
What is the rental market like in Kennedale, Texas?
There are an estimated 3,075 housing units in the Kennedale area. Of these, 952 units are rental homes, making up 31 percent of the housing market. For every renter household in Kennedale, Texas, there are 1 rental units.
What is the vacancy rate for rentals in Kennedale?
The rental vacancy rate in Kennedale 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 Kennedale for each bedroom size?
Occupied Rental Units by Size in Kennedale
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 196 | 493 | 147 | 0 |
Occupied Rental Units by Size in Kennedale
A large number of apartments in Kennedale 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 Kennedale are overburdened by housing costs?
Among renter households in this market, 46 percent have housing cost burden. Further, 24 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 Kennedale
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 Kennedale, Texas
How many units are rented at Fair Market Rent (FMR) in Kennedale?
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 | 182 | 93 percent |
Two BR | 278 | 56 percent |
Rental Units Below FMR in Kennedale, Texas
How many affordable rental units are in Kennedale?
There are a variety of federal affordable housing programs serving households in Kennedale, Texas including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | 123 |
USDA Section 515 Rural Rental Housing | 36 |
Tracked Units by Federal Program in Kennedale, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Kennedale, Texas
Kennedale features 36 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 Kennedale, Texas
There are 243 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Kennedale.
Housing Choice Vouchers in Kennedale, Texas
On average, Section 8 Housing Choice vouchers pay Kennedale landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Kennedale.
The maximum amount a voucher would pay on behalf of a low-income tenant in Kennedale, Texas for a two-bedroom apartment is between $1,455 and $1,779.
Sourced from federal housing data and AffordableHousingOnline.com research.