What HUD offices serve New Braunfels, 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 New Braunfels.
How many renters live in New Braunfels, Texas?
The City of New Braunfels has people living in households.
There are renters living in renter households in this City. Renters make up 26.82 percent of the population living in New Braunfels.
What is the rental market like in New Braunfels, Texas?
There are an estimated housing units in the New Braunfels area. Of these, units are rental homes, making up percent of the housing market. For every renter household in New Braunfels, Texas, there are 1.09 rental units.
What is the vacancy rate for rentals in New Braunfels?
The rental vacancy rate in New Braunfels is 4 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 New Braunfels for each bedroom size?
Occupied Rental Units by Size in New Braunfels
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 547 3,924 4,711 2,943 712 Occupied Rental Units by Size in New Braunfels
A large number of apartments in New Braunfels 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 New Braunfels
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,067 to $2,206. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $1,067 One BR $1,197 Two BR $1,458 Three BR $1,846 Four BR $2,206 2024 Fair Market Rents in New Braunfels, Texas
How many units are rented at Fair Market Rent (FMR) in New Braunfels?
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 224 41 percent One BR 1,533 39 percent Two BR 2,683 57 percent Rental Units Below FMR in New Braunfels, Texas
How many affordable rental units are in New Braunfels?
There are a variety of federal affordable housing programs serving households in
New Braunfels, Texas including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Public Housing Section 8 Project-Based Rental Assistance Tracked Units by Federal Program in New Braunfels, Texas
Income Based Apartments in New Braunfels, Texas
New Braunfels features 405 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 New Braunfels, Texas
There are 276 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New Braunfels.
Housing Choice Vouchers in New Braunfels, Texas
On average, Section 8 Housing Choice vouchers pay New Braunfels landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in New Braunfels.
The maximum amount a voucher would pay on behalf of a low-income tenant in New Braunfels, Texas for a two-bedroom apartment is between $1,312 and $1,604.
Sourced from federal housing data and AffordableHousingOnline.com research.