Low Income Apartments and Affordable Housing For Rent in Clearwater, FL (2024)

What HUD offices serve Clearwater, Florida?

Public Housing Agencies operate federally assisted affordable housing programs atlocal levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within theirjurisdiction.

Go to theFloridaPublic Housing and Low-Income Apartments Waiting Lists page for openings near Clearwater.

How many renters live in Clearwater, Florida?

The City of Clearwater has 117,010people living in 48,490 households.

There are 46,904 renters living in20,028 renter households in thisCity. Renters make up 40.09percent of the population living in Clearwater.

What is the rental market like in Clearwater, Florida?

There are an estimated 60,600 housing units in theClearwater area. Of these, 22,889 units are rentalhomes, making up 38 percent of the housing market. Forevery renter household in Clearwater, Florida, there are1 rental units.

What is the vacancy rate for rentals in Clearwater?

The rental vacancy rate in Clearwater is 9 percent.This is ahigher than averagevacancy rate.When rental vacancy rates are high it means that there are a lot of available units and rents tendto be lower.

How many rental units are in Clearwater for each bedroom size?

A large number of apartments in Clearwater have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.

How many renter households in Clearwater are overburdened by housing costs?

Among renter households in this market, 69percent havehousing cost burden. Further, 39percent of households are extremely rent overburdened. When renters pay too much for their housing, itleaveslittle money for other necessities like food, clothes, or medicine.

The federal government says that renters arecost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Clearwater

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $1,449 to $2,888. FMRs areupdated annually by HUD for every city and county nationwide.

How many units are rented at Fair Market Rent (FMR) in Clearwater?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch 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:

How many affordable rental units are in Clearwater?

There are a variety of federal affordable housing programs serving households inClearwater, Florida including the following:

Income Based Apartments in Clearwater, Florida

Clearwater features 729 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.

Low Rent Apartments in Clearwater, Florida

There are 1,113 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Clearwater.

Housing Choice Vouchers in Clearwater, Florida

On average, Section 8 Housing Choice vouchers pay Clearwater landlords$700 per month towards rent. The average voucher holdercontributes $400 towards rent inClearwater.

The maximum amount a voucher would pay on behalf of a low-income tenant in Clearwater, Florida fora two-bedroom apartment is between $1,666 and $2,036.

Sourced from federal housing data and AffordableHousingOnline.comresearch.