How many renters live in Reagan County, Texas?
The County of Reagan County has 3,308 people living in 1,090 households.
There are 862 renters living in 355 renter households in this County. Renters make up 26.06 percent of the population living in Reagan County.
What is the rental market like in Reagan County, Texas?
There are an estimated 1,325 housing units in the Reagan County area. Of these, 355 units are rental homes, making up 27 percent of the housing market. For every renter household in Reagan County, Texas, there are 1 rental units.
What is the vacancy rate for rentals in Reagan County?
The rental vacancy rate in Reagan 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 Reagan County for each bedroom size?
Occupied Rental Units by Size in Reagan County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 22 | 214 | 119 | 0 |
Occupied Rental Units by Size in Reagan County
A large number of apartments in Reagan 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 Reagan County are overburdened by housing costs?
Among renter households in this market, 14 percent have housing cost burden. Further, 14 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 Reagan County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $829 to $1,583. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $829 |
| One BR | $857 |
| Two BR | $1,065 |
| Three BR | $1,288 |
| Four BR | $1,583 |
2024 Fair Market Rents in Reagan County, Texas
How many units are rented at Fair Market Rent (FMR) in Reagan 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 | 0 | 100 percent |
| Two BR | 95 | 44 percent |
Rental Units Below FMR in Reagan County, Texas
How many affordable rental units are in Reagan County?
There are a variety of federal affordable housing programs serving households in Reagan County, Texas including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 20 |
| USDA Section 515 Rural Rental Housing | 20 |
Tracked Units by Federal Program in Reagan County, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Reagan County, Texas
Reagan County features 20 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 Reagan County, Texas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Reagan County.
Housing Choice Vouchers in Reagan County, Texas
On average, Section 8 Housing Choice vouchers pay Reagan County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Reagan County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Reagan County, Texas for a two-bedroom apartment is between $959 and $1,172.
Sourced from federal housing data and AffordableHousingOnline.com research.
