Housing market/Texas/ZIP 79720

ACS 2023 · FY2027 SAFMR

ZIP 79720 Big Spring, Howard County, Texas

Howard 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
30,432
Households
11,328
Median HH income
$71,194
Renter share
31.8%
Median gross rent
$994
Vacancy
14.9%
Pop. change
-13.9%
2BR SAFMR
$1,600
SAFMR / rent
1.610×
2–49 unit stock
1,519
LIHTC proj / units
7 / 466
HUD assisted MF
3 / 313

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 79720 · TX — sent to you.

ZIP 79720 · TX

ACS median rent$994
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 79720

  • 1-unit detached9,88075.1%
  • 1-unit attached2481.9%
  • 2–4 units3943.0%
  • 5–49 units1,1258.5%
  • 50+ units4383.3%
  • Mobile1,0738.2%
TypeUnitsShare
1-unit detached9,88074.2%
1-unit attached2481.9%
2 units (duplex)2461.8%
3–4 units1481.1%
5–9 units1951.5%
10–19 units5213.9%
20–49 units4093.1%
50+ units4383.3%
Mobile1,0738.1%

2–4 unit share 3.0% · 5–49 unit share 8.5% · combined 2–49 11.4%.

Units by bedrooms

Studio
194
1BR
1,684
2BR
3,050
3BR
6,597
4BR
1,636
5+
148

Rent burden

Rent ≥30% of income38.5%
Rent ≥50% of income18.7%
  • ACS median gross rent $994 (all bedrooms, occupied rentals).
  • Median contract rent $812.
  • Renters paying ≥30% of income 38.5%; ≥50% 18.7%.
  • FY2027 2BR SAFMR $1,600 (1.610× ACS median gross rent).

Population

30,432 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -13.9%.

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

Assisted inventory

  • LIHTC: 7 projects, 466 units.
  • HUD project-based assisted MF: 3 properties, 313 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 79720 31.8% of occupied households are renters; vacancy is 14.9%; ACS median gross rent is $994; population changed -13.9% between the 2018 and 2023 ACS vintages; the housing stock includes 394 units in 2–4-unit structures and 1,125 units in 5–49-unit structures; 7 LIHTC projects totaling 466 units; FY2027 2BR SAFMR is $1,600 versus ACS median gross rent of $994. 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 79720 is a Census / HUD profile for Howard 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 79720?

ZIP 79720 (Howard County, TX) has 30,432 residents, 11,328 households, a renter share of 31.8%, median household income of $71,194, and ACS 2023 median gross rent of $994. Vacancy is 14.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 79720?

ACS counts 246 units in 2-unit buildings, 148 in 3–4 unit buildings, 195 in 5–9, 521 in 10–19, and 409 in 20–49. Combined 2–49 unit stock is 1,519 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 79720?

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 79720 — Big Spring, TX HUD Section 8 Payment Standards / SAFMR.

Does this Texas ZIP profile include Georgia listings?

No. ZIP 79720 is Census / HUD research for Howard 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.