What HUD offices serve Trophy Club, 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 Trophy Club.
How many renters live in Trophy Club, Texas?
The City of Trophy Club has people living in households.
There are renters living in renter households in this City. Renters make up 7.6 percent of the population living in Trophy Club.
What is the rental market like in Trophy Club, Texas?
There are an estimated housing units in the Trophy Club area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Trophy Club, Texas, there are 1.12 rental units.
What is the vacancy rate for rentals in Trophy Club?
The rental vacancy rate in Trophy Club is 11 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 Trophy Club for each bedroom size?
Occupied Rental Units by Size in Trophy Club
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
36 | 73 | 31 | 36 | 222 |
Occupied Rental Units by Size in Trophy Club
A large number of apartments in Trophy Club 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 Trophy Club
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,426 to $2,847. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $1,426 |
One BR | $1,500 |
Two BR | $1,758 |
Three BR | $2,212 |
Four BR | $2,847 |
2024 Fair Market Rents in Trophy Club, Texas
How many units are rented at Fair Market Rent (FMR) in Trophy Club?
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 | 18 | 50 percent |
One BR | 49 | 67 percent |
Two BR | 0 | 100 percent |
Rental Units Below FMR in Trophy Club, Texas
How many affordable rental units are in Trophy Club?
Income Based Apartments in Trophy Club, Texas
Trophy Club 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 Trophy Club, Texas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Trophy Club.
Housing Choice Vouchers in Trophy Club, Texas
On average, Section 8 Housing Choice vouchers pay Trophy Club landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Trophy Club.
The maximum amount a voucher would pay on behalf of a low-income tenant in Trophy Club, Texas for a two-bedroom apartment is between $1,582 and $1,934.
Sourced from federal housing data and AffordableHousingOnline.com research.