What HUD offices serve Marble Falls, 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 Marble Falls.
How many renters live in Marble Falls, Texas?
The City of Marble Falls has people living in households.
There are renters living in renter households in this City. Renters make up 54.95 percent of the population living in Marble Falls.
What is the rental market like in Marble Falls, Texas?
There are an estimated housing units in the Marble Falls area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Marble Falls, Texas, there are 1.12 rental units.
What is the vacancy rate for rentals in Marble Falls?
The rental vacancy rate in Marble Falls is 5 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 Marble Falls for each bedroom size?
Occupied Rental Units by Size in Marble Falls
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 44 | 334 | 470 | 583 | 26 |
Occupied Rental Units by Size in Marble Falls
A large number of apartments in Marble Falls 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 Marble Falls
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 Marble Falls, Texas
How many units are rented at Fair Market Rent (FMR) in Marble Falls?
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 | 0 | 100 percent |
| One BR | 186 | 56 percent |
| Two BR | 244 | 52 percent |
Rental Units Below FMR in Marble Falls, Texas
How many affordable rental units are in Marble Falls?
There are a variety of federal affordable housing programs serving households in Marble Falls, Texas including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Section 8 Project-Based Rental Assistance | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Marble Falls, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Marble Falls, Texas
Marble Falls features 156 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 Marble Falls, Texas
There are 269 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Marble Falls.
Housing Choice Vouchers in Marble Falls, Texas
On average, Section 8 Housing Choice vouchers pay Marble Falls landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Marble Falls.
The maximum amount a voucher would pay on behalf of a low-income tenant in Marble Falls, Texas for a two-bedroom apartment is between $1,024 and $1,252.
Sourced from federal housing data and AffordableHousingOnline.com research.