How many renters live in Live Oak County, Texas?
The County of Live Oak County has people living in households.
There are renters living in renter households in this County. Renters make up 24.39 percent of the population living in Live Oak County.
What is the rental market like in Live Oak County, Texas?
There are an estimated housing units in the Live Oak County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Live Oak County, Texas, there are 1.14 rental units.
What is the vacancy rate for rentals in Live Oak County?
The rental vacancy rate in Live Oak County is 11 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 Live Oak County for each bedroom size?
Occupied Rental Units by Size in Live Oak County
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
34 | 113 | 468 | 340 | 90 |
Occupied Rental Units by Size in Live Oak County
A large number of apartments in Live Oak County 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 Live Oak County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $707 to $1,390. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $707 |
One BR | $712 |
Two BR | $935 |
Three BR | $1,318 |
Four BR | $1,390 |
2024 Fair Market Rents in Live Oak County, Texas
How many units are rented at Fair Market Rent (FMR) in Live Oak County?
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 | 13 | 38 percent |
One BR | 88 | 78 percent |
Two BR | 178 | 38 percent |
Rental Units Below FMR in Live Oak County, Texas
How many affordable rental units are in Live Oak County?
There are a variety of federal affordable housing programs serving households in Live Oak County, Texas including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | |
Public Housing | |
USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Live Oak County, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Live Oak County, Texas
Live Oak County features 97 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 Live Oak County, Texas
There are 48 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Live Oak County.
Housing Choice Vouchers in Live Oak County, Texas
On average, Section 8 Housing Choice vouchers pay Live Oak County landlords $600 per month towards rent. The average voucher holder contributes $200 towards rent in Live Oak County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Live Oak County, Texas for a two-bedroom apartment is between $842 and $1,029.
Sourced from federal housing data and AffordableHousingOnline.com research.