How many renters live in Sutton County, Texas?
The County of Sutton County has 3,345 people living in 1,068 households.
There are 1,246 renters living in 387 renter households in this County. Renters make up 37.25 percent of the population living in Sutton County.
What is the rental market like in Sutton County, Texas?
There are an estimated 1,641 housing units in the Sutton County area. Of these, 448 units are rental homes, making up 27 percent of the housing market. For every renter household in Sutton County, Texas, there are 1 rental units.
What is the vacancy rate for rentals in Sutton County?
The rental vacancy rate in Sutton County is 14 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Sutton County for each bedroom size?
Occupied Rental Units by Size in Sutton County
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 95 | 113 | 162 | 17 |
Occupied Rental Units by Size in Sutton County
A large number of apartments in Sutton 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 Sutton County are overburdened by housing costs?
Among renter households in this market, 14 percent have housing cost burden. Further, 2 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 Sutton County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $689 to $1,345. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $689 |
One BR | $694 |
Two BR | $905 |
Three BR | $1,275 |
Four BR | $1,345 |
2024 Fair Market Rents in Sutton County, Texas
How many units are rented at Fair Market Rent (FMR) in Sutton 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 | 57 | 60 percent |
Two BR | 97 | 86 percent |
Rental Units Below FMR in Sutton County, Texas
How many affordable rental units are in Sutton County?
There are a variety of federal affordable housing programs serving households in Sutton County, Texas including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | 64 |
USDA Section 515 Rural Rental Housing | 64 |
Tracked Units by Federal Program in Sutton County, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Sutton County, Texas
Sutton County features 64 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 Sutton County, Texas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sutton County.
Housing Choice Vouchers in Sutton County, Texas
On average, Section 8 Housing Choice vouchers pay Sutton County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Sutton County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Sutton County, Texas for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.