What HUD offices serve Universal City, 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 Universal City.
How many renters live in Universal City, Texas?
The City of Universal City has 19,798 people living in 7,592 households.
There are 8,116 renters living in 3,366 renter households in this City. Renters make up 40.99 percent of the population living in Universal City.
What is the rental market like in Universal City, Texas?
There are an estimated 7,825 housing units in the Universal City area. Of these, 3,514 units are rental homes, making up 45 percent of the housing market. For every renter household in Universal City, Texas, there are 1 rental units.
What is the vacancy rate for rentals in Universal City?
The rental vacancy rate in Universal City is 3 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 Universal City for each bedroom size?
Occupied Rental Units by Size in Universal City
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 287 | 926 | 1,032 | 826 | 251 |
Occupied Rental Units by Size in Universal City
A large number of apartments in Universal City 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 Universal City are overburdened by housing costs?
Among renter households in this market, 39 percent have housing cost burden. Further, 15 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 Universal City
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,067 to $2,206. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,067 |
| One BR | $1,197 |
| Two BR | $1,458 |
| Three BR | $1,846 |
| Four BR | $2,206 |
2024 Fair Market Rents in Universal City, Texas
How many units are rented at Fair Market Rent (FMR) in Universal City?
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 | 190 | 66 percent |
| One BR | 580 | 63 percent |
| Two BR | 879 | 85 percent |
Rental Units Below FMR in Universal City, Texas
How many affordable rental units are in Universal City?
There are a variety of federal affordable housing programs serving households in Universal City, Texas including the following:
| Federal Program | Unit Count |
| Section 811 Supportive Housing for Persons with Disabilities | 20 |
Tracked Units by Federal Program in Universal City, Texas
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Universal City, Texas
Universal City features 20 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 Universal City, Texas
There are 108 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Universal City.
Housing Choice Vouchers in Universal City, Texas
On average, Section 8 Housing Choice vouchers pay Universal City landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Universal City.
The maximum amount a voucher would pay on behalf of a low-income tenant in Universal City, Texas for a two-bedroom apartment is between $1,312 and $1,604.
Sourced from federal housing data and AffordableHousingOnline.com research.
