Housing market/Texas/ZIP 79331

ACS 2023 · FY2027 SAFMR

ZIP 79331 Lamesa, Gaines County, Texas

Gaines 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
11,751
Households
3,997
Median HH income
$56,179
Renter share
30.6%
Median gross rent
$890
Vacancy
14.4%
Pop. change
-6.5%
2BR SAFMR
$1,600
SAFMR / rent
1.798×
2–49 unit stock
242
LIHTC proj / units
1 / 80
HUD assisted MF
1 / 50

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 79331 · TX — sent to you.

ZIP 79331 · TX

ACS median rent$890
2BR SAFMR$1,600
90% floor$1,440
110% ceiling$1,760

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

Housing stock

ACS 2023 units-in-structure · ZCTA 79331

  • 1-unit detached4,17189.3%
  • 1-unit attached70.1%
  • 2–4 units1002.1%
  • 5–49 units1423.0%
  • 50+ units631.3%
  • Mobile1874.0%
TypeUnitsShare
1-unit detached4,17189.3%
1-unit attached70.1%
2 units (duplex)541.2%
3–4 units461.0%
5–9 units891.9%
10–19 units270.6%
20–49 units260.6%
50+ units631.3%
Mobile1874.0%

2–4 unit share 2.1% · 5–49 unit share 3.0% · combined 2–49 5.2%.

Units by bedrooms

Studio
39
1BR
399
2BR
1,482
3BR
2,418
4BR
301
5+
31

Rent burden

Rent ≥30% of income40.9%
Rent ≥50% of income17.2%
  • ACS median gross rent $890 (all bedrooms, occupied rentals).
  • Median contract rent $680.
  • Renters paying ≥30% of income 40.9%; ≥50% 17.2%.
  • FY2027 2BR SAFMR $1,600 (1.798× ACS median gross rent).

Population

11,751 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -6.5%.

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

Assisted inventory

  • LIHTC: 1 projects, 80 units.
  • HUD project-based assisted MF: 1 properties, 50 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 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 79331 30.6% of occupied households are renters; vacancy is 14.4%; ACS median gross rent is $890; population changed -6.5% between the 2018 and 2023 ACS vintages; the housing stock includes 100 units in 2–4-unit structures and 142 units in 5–49-unit structures; 1 LIHTC projects totaling 80 units; FY2027 2BR SAFMR is $1,600 versus ACS median gross rent of $890. 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 79331 is a Census / HUD profile for Gaines 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 79331?

ZIP 79331 (Gaines County, TX) has 11,751 residents, 3,997 households, a renter share of 30.6%, median household income of $56,179, and ACS 2023 median gross rent of $890. Vacancy is 14.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 79331?

ACS counts 54 units in 2-unit buildings, 46 in 3–4 unit buildings, 89 in 5–9, 27 in 10–19, and 26 in 20–49. Combined 2–49 unit stock is 242 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 79331?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,600. See the full schedule and 90–110% payment-standard band on the ZIP 79331 — Lamesa, TX HUD Section 8 Payment Standards / SAFMR.

Does this Texas ZIP profile include Georgia listings?

No. ZIP 79331 is Census / HUD research for Gaines 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.