Housing market/Texas/ZIP 78942

ACS 2023 · FY2027 SAFMR

ZIP 78942 Giddings, Lee County, Texas

Lee County, TX · Texas. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
9,858
Households
3,655
Median HH income
$60,084
Renter share
25.3%
Median gross rent
$1,091
Vacancy
14.7%
Pop. change
+14.2%
2BR SAFMR
$1,670
SAFMR / rent
1.531×
2–49 unit stock
157
LIHTC proj / units
1 / 28
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 78942 · TX — sent to you.

ZIP 78942 · TX

ACS median rent$1,091
2BR SAFMR$1,670
90% floor$1,503
110% ceiling$1,837

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 78942

  • 1-unit detached3,20875.3%
  • 1-unit attached370.9%
  • 2–4 units561.3%
  • 5–49 units1012.4%
  • 50+ units842.0%
  • Mobile77618.2%
TypeUnitsShare
1-unit detached3,20874.9%
1-unit attached370.9%
2 units (duplex)00.0%
3–4 units561.3%
5–9 units230.5%
10–19 units00.0%
20–49 units781.8%
50+ units842.0%
Mobile77618.1%

2–4 unit share 1.3% · 5–49 unit share 2.4% · combined 2–49 3.7%.

Units by bedrooms

Studio
41
1BR
141
2BR
895
3BR
2,292
4BR
882
5+
34

Rent burden

Rent ≥30% of income46.3%
Rent ≥50% of income14.4%
  • ACS median gross rent $1,091 (all bedrooms, occupied rentals).
  • Median contract rent $796.
  • Renters paying ≥30% of income 46.3%; ≥50% 14.4%.
  • FY2027 2BR SAFMR $1,670 (1.531× ACS median gross rent).

Population

9,858 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +14.2%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 1 projects, 28 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 403 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 78942 25.3% of occupied households are renters; vacancy is 14.7%; ACS median gross rent is $1,091; population increased +14.2% between the 2018 and 2023 ACS vintages; the housing stock includes 56 units in 2–4-unit structures and 101 units in 5–49-unit structures; 1 LIHTC projects totaling 28 units; FY2027 2BR SAFMR is $1,670 versus ACS median gross rent of $1,091. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Texas research

ZIP 78942 is a Census / HUD profile for Lee County, TX. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Texas research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 78942?

ZIP 78942 (Lee County, TX) has 9,858 residents, 3,655 households, a renter share of 25.3%, median household income of $60,084, and ACS 2023 median gross rent of $1,091. Vacancy is 14.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 78942?

ACS counts 0 units in 2-unit buildings, 56 in 3–4 unit buildings, 23 in 5–9, 0 in 10–19, and 78 in 20–49. Combined 2–49 unit stock is 157 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 78942?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,670. See the full schedule and 90–110% payment-standard band on the ZIP 78942 — Giddings, TX HUD Section 8 Payment Standards / SAFMR.

Does this Texas ZIP profile include Georgia listings?

No. ZIP 78942 is Census / HUD research for Lee County, TX. Jeff Crowe CRE does not list Texas property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.