What HUD offices serve Mercedes, 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 Mercedes.
How many renters live in Mercedes, Texas?
The City of Mercedes has people living in households.
There are renters living in renter households in this City. Renters make up 29.2 percent of the population living in Mercedes.
What is the rental market like in Mercedes, Texas?
There are an estimated housing units in the Mercedes area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Mercedes, Texas, there are 1.16 rental units.
What is the vacancy rate for rentals in Mercedes?
The rental vacancy rate in Mercedes is 14 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 Mercedes for each bedroom size?
Occupied Rental Units by Size in Mercedes
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 71 | 331 | 652 | 386 | 158 |
Occupied Rental Units by Size in Mercedes
A large number of apartments in Mercedes 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 Mercedes
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $777 to $1,409. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $777 |
| One BR | $781 |
| Two BR | $977 |
| Three BR | $1,277 |
| Four BR | $1,409 |
2024 Fair Market Rents in Mercedes, Texas
How many units are rented at Fair Market Rent (FMR) in Mercedes?
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 | 71 | 100 percent |
| One BR | 323 | 98 percent |
| Two BR | 430 | 66 percent |
Rental Units Below FMR in Mercedes, Texas
How many affordable rental units are in Mercedes?
There are a variety of federal affordable housing programs serving households in Mercedes, Texas including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Public Housing | |
| Section 8 Project-Based Rental Assistance | |
| Section 202 Supportive Housing for the Elderly |
Tracked Units by Federal Program in Mercedes, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Mercedes, Texas
Mercedes features 382 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 Mercedes, Texas
There are 428 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mercedes.
Housing Choice Vouchers in Mercedes, Texas
On average, Section 8 Housing Choice vouchers pay Mercedes landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Mercedes.
The maximum amount a voucher would pay on behalf of a low-income tenant in Mercedes, Texas for a two-bedroom apartment is between $879 and $1,075.
Sourced from federal housing data and AffordableHousingOnline.com research.