How many renters live in Motley County, Texas?
The County of Motley County has 1,223 people living in 460 households.
There are 289 renters living in 111 renter households in this County. Renters make up 23.63 percent of the population living in Motley County.
What is the rental market like in Motley County, Texas?
There are an estimated 718 housing units in the Motley County area. Of these, 111 units are rental homes, making up 15 percent of the housing market. For every renter household in Motley County, Texas, there are 1 rental units.
What is the vacancy rate for rentals in Motley County?
The rental vacancy rate in Motley County 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 Motley County for each bedroom size?
Occupied Rental Units by Size in Motley County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 12 | 57 | 42 | 0 |
Occupied Rental Units by Size in Motley County
A large number of apartments in Motley County 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 Motley County are overburdened by housing costs?
Among renter households in this market, 17 percent have housing cost burden. Further, 11 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 Motley County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $705 to $1,345. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $705 |
| One BR | $729 |
| Two BR | $905 |
| Three BR | $1,103 |
| Four BR | $1,345 |
2024 Fair Market Rents in Motley County, Texas
How many units are rented at Fair Market Rent (FMR) in Motley 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 |
| One BR | 2 | 17 percent |
| Two BR | 33 | 58 percent |
Rental Units Below FMR in Motley County, Texas
How many affordable rental units are in Motley County?
There are a variety of federal affordable housing programs serving households in Motley County, Texas including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing | 11 |
Tracked Units by Federal Program in Motley County, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Motley County, Texas
Motley County features 11 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 Motley County, Texas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Motley County.
Housing Choice Vouchers in Motley County, Texas
On average, Section 8 Housing Choice vouchers pay Motley County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Motley County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Motley County, Texas for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.
