Real estate trends to know: #3 What about overburdened renters in Montgomery County?

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Despite large numbers of overburdened renters—those who spend more than 30 percent of their income toward rent—there are not very many low-income housing options. According to Affordable Housing Online, a database listing more than 6 million low-income housing options and Section 8 information, the city of Montgomery has zero low-income and rent-assisted buildings. However, countywide, there are 23.

In Montgomery County as a whole, which has a population of 570,934 as of July 1, 2017, there are 23 affordable apartment buildings and 2,125 low-income apartment units along with 605 rent-assisted units. The percentage of renters versus homeowners is 28.19 percent. With a median family income of $68,383, median rent is $1,030 and 49.01 percent of renters are considered overburdened.

There are 11 affordable housing buildings in Conroe including HUD, Section 8, Public Housing apartments, nonprofit low-income and low-income tax credit apartments.

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Jules Rogers
Originally from the Pacific Northwest, Jules Rogers has been covering community journalism and urban trade news since 2014. She moved to Houston in June 2018 to become an editor with Community Impact Newspaper after four years of reporting for various newspapers affiliated with the Portland Tribune in Oregon, including two years at the Portland Business Tribune. Before that, Jules spent time reporting for the Grants Pass Daily Courier in Southern Oregon. Her favorite beats to cover are business, economic development and urban planning.
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