How many renters live in West Tawakoni, Texas?
The City of West Tawakoni has people living in households.
There are renters living in renter households in this City. Renters make up 29.6 percent of the population living in West Tawakoni.
What is the rental market like in West Tawakoni, Texas?
There are an estimated housing units in the West Tawakoni area. Of these, units are rental homes, making up percent of the housing market. For every renter household in West Tawakoni, Texas, there are 1.3 rental units.
What is the vacancy rate for rentals in West Tawakoni?
The rental vacancy rate in West Tawakoni is 15 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 West Tawakoni for each bedroom size?
Occupied Rental Units by Size in West Tawakoni
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 6 | 25 | 68 | 55 | 17 |
Occupied Rental Units by Size in West Tawakoni
A large number of apartments in West Tawakoni 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 West Tawakoni
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 West Tawakoni, Texas
How many units are rented at Fair Market Rent (FMR) in West Tawakoni?
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 | 0 | 100 percent |
| One BR | 25 | 100 percent |
| Two BR | 50 | 74 percent |
Rental Units Below FMR in West Tawakoni, Texas
How many affordable rental units are in West Tawakoni?
Income Based Apartments in West Tawakoni, Texas
West Tawakoni 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 West Tawakoni, Texas
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in West Tawakoni.
Housing Choice Vouchers in West Tawakoni, Texas
On average, Section 8 Housing Choice vouchers pay West Tawakoni landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in West Tawakoni.
The maximum amount a voucher would pay on behalf of a low-income tenant in West Tawakoni, Texas for a two-bedroom apartment is between $1,582 and $1,934.
Sourced from federal housing data and AffordableHousingOnline.com research.