How many renters live in Sugar Land, Texas?
The City of Sugar Land has people living in households.
There are renters living in renter households in this City. Renters make up 13.21 percent of the population living in Sugar Land.
What is the rental market like in Sugar Land, Texas?
There are an estimated housing units in the Sugar Land area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Sugar Land, Texas, there are 1.1 rental units.
What is the vacancy rate for rentals in Sugar Land?
The rental vacancy rate in Sugar Land is 6 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 Sugar Land for each bedroom size?
Occupied Rental Units by Size in Sugar Land
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 195 1,576 2,081 1,351 1,638 Occupied Rental Units by Size in Sugar Land
A large number of apartments in Sugar Land 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 Sugar Land
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,073 to $2,303. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $1,073 One BR $1,135 Two BR $1,357 Three BR $1,792 Four BR $2,303 2024 Fair Market Rents in Sugar Land, Texas
How many units are rented at Fair Market Rent (FMR) in Sugar Land?
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 16 8 percent One BR 289 18 percent Two BR 405 19 percent Rental Units Below FMR in Sugar Land, Texas
How many affordable rental units are in Sugar Land?
There are a variety of federal affordable housing programs serving households in
Sugar Land, Texas including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Tracked Units by Federal Program in Sugar Land, Texas
Income Based Apartments in Sugar Land, Texas
Sugar Land features 0 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 Sugar Land, Texas
There are 468 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sugar Land.
Housing Choice Vouchers in Sugar Land, Texas
On average, Section 8 Housing Choice vouchers pay Sugar Land landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Sugar Land.
The maximum amount a voucher would pay on behalf of a low-income tenant in Sugar Land, Texas for a two-bedroom apartment is between $1,221 and $1,493.
Sourced from federal housing data and AffordableHousingOnline.com research.