What HUD offices serve Buckeye, Arizona?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the Arizona Public Housing and Low-Income Apartments Waiting Lists page for openings near Buckeye.
How many renters live in Buckeye, Arizona?
The City of Buckeye has 105,567 people living in 34,913 households.
There are 13,405 renters living in 4,960 renter households in this City. Renters make up 12.7 percent of the population living in Buckeye.
What is the rental market like in Buckeye, Arizona?
There are an estimated 30,886 housing units in the Buckeye area. Of these, 4,419 units are rental homes, making up 14 percent of the housing market. For every renter household in Buckeye, Arizona, there are 1 rental units.
What is the vacancy rate for rentals in Buckeye?
The rental vacancy rate in Buckeye is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Buckeye for each bedroom size?
Occupied Rental Units by Size in Buckeye
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 14 | 310 | 323 | 2,214 | 1,175 |
Occupied Rental Units by Size in Buckeye
A large number of apartments in Buckeye have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Buckeye are overburdened by housing costs?
Among renter households in this market, 32 percent have housing cost burden. Further, 16 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Buckeye
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,460 to $2,890. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,460 |
| One BR | $1,599 |
| Two BR | $1,877 |
| Three BR | $2,541 |
| Four BR | $2,890 |
2024 Fair Market Rents in Buckeye, Arizona
How many units are rented at Fair Market Rent (FMR) in Buckeye?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search 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:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 14 | 100 percent |
| One BR | 310 | 100 percent |
| Two BR | 206 | 64 percent |
Rental Units Below FMR in Buckeye, Arizona
How many affordable rental units are in Buckeye?
There are a variety of federal affordable housing programs serving households in Buckeye, Arizona including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 314 |
| Section 8 Project-Based Rental Assistance | 105 |
| USDA Section 515 Rural Rental Housing | 105 |
Tracked Units by Federal Program in Buckeye, Arizona
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Buckeye, Arizona
Buckeye features 322 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Buckeye, Arizona
There are 276 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Buckeye.
Housing Choice Vouchers in Buckeye, Arizona
On average, Section 8 Housing Choice vouchers pay Buckeye landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Buckeye.
The maximum amount a voucher would pay on behalf of a low-income tenant in Buckeye, Arizona for a two-bedroom apartment is between $1,689 and $2,065.
Sourced from federal housing data and AffordableHousingOnline.com research.
