What HUD offices serve Round Rock, 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 Round Rock.
How many renters live in Round Rock, Texas?
The City of Round Rock has 124,790 people living in 45,859 households.
There are 54,522 renters living in 20,947 renter households in this City. Renters make up 43.69 percent of the population living in Round Rock.
What is the rental market like in Round Rock, Texas?
There are an estimated 47,502 housing units in the Round Rock area. Of these, 21,420 units are rental homes, making up 45 percent of the housing market. For every renter household in Round Rock, Texas, there are 1 rental units.
What is the vacancy rate for rentals in Round Rock?
The rental vacancy rate in Round Rock 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 Round Rock for each bedroom size?
Occupied Rental Units by Size in Round Rock
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 846 | 5,469 | 6,697 | 5,450 | 1,436 |
Occupied Rental Units by Size in Round Rock
A large number of apartments in Round Rock 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 Round Rock are overburdened by housing costs?
Among renter households in this market, 55 percent have housing cost burden. Further, 18 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 Round Rock
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,519 to $2,840. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,519 |
| One BR | $1,635 |
| Two BR | $1,924 |
| Three BR | $2,470 |
| Four BR | $2,840 |
2024 Fair Market Rents in Round Rock, Texas
How many units are rented at Fair Market Rent (FMR) in Round Rock?
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 | 578 | 68 percent |
| One BR | 4,499 | 82 percent |
| Two BR | 2,992 | 45 percent |
Rental Units Below FMR in Round Rock, Texas
How many affordable rental units are in Round Rock?
There are a variety of federal affordable housing programs serving households in Round Rock, Texas including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 1,180 |
| Public Housing | 100 |
| Section 8 Project-Based Rental Assistance | 118 |
Tracked Units by Federal Program in Round Rock, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Round Rock, Texas
Round Rock features 242 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 Round Rock, Texas
There are 1,533 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Round Rock.
Housing Choice Vouchers in Round Rock, Texas
On average, Section 8 Housing Choice vouchers pay Round Rock landlords $1,100 per month towards rent. The average voucher holder contributes $500 towards rent in Round Rock.
The maximum amount a voucher would pay on behalf of a low-income tenant in Round Rock, Texas for a two-bedroom apartment is between $1,732 and $2,116.
Sourced from federal housing data and AffordableHousingOnline.com research.
