How many renters live in Tom Green County, Texas?
The County of Tom Green County has people living in households.
There are renters living in renter households in this County. Renters make up 27.54 percent of the population living in Tom Green County.
What is the rental market like in Tom Green County, Texas?
There are an estimated housing units in the Tom Green County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Tom Green County, Texas, there are 1.02 rental units.
What is the vacancy rate for rentals in Tom Green County?
The rental vacancy rate in Tom Green County is 9 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 Tom Green County for each bedroom size?
Occupied Rental Units by Size in Tom Green County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 909 3,632 4,722 4,414 945 Occupied Rental Units by Size in Tom Green County
A large number of apartments in Tom Green County 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 Tom Green County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $923 to $2,043. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2026 Fair Market Rents Studio $923 One BR $1,049 Two BR $1,339 Three BR $1,821 Four BR $2,043 2026 Fair Market Rents in Tom Green County, Texas
How many units are rented at Fair Market Rent (FMR) in Tom Green 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 Studio 450 50 percent One BR 2,565 71 percent Two BR 2,683 57 percent Rental Units Below FMR in Tom Green County, Texas
How many affordable rental units are in Tom Green County?
There are a variety of federal affordable housing programs serving households in
Tom Green County, Texas including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Section 8 Project-Based Rental Assistance Section 202 Supportive Housing for the Elderly Section 811 Supportive Housing for Persons with Disabilities Tracked Units by Federal Program in Tom Green County, Texas
Income Based Apartments in Tom Green County, Texas
Tom Green County features 996 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 Tom Green County, Texas
There are 476 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Tom Green County.
Housing Choice Vouchers in Tom Green County, Texas
On average, Section 8 Housing Choice vouchers pay Tom Green County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Tom Green County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Tom Green County, Texas for a two-bedroom apartment is between $1,034 and $1,264.
Sourced from federal housing data and AffordableHousingOnline.com research.