What HUD offices serve Camp Verde, 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 Camp Verde.
How many renters live in Camp Verde, Arizona?
The City of Camp Verde has 12,132 people living in 4,343 households.
There are 2,855 renters living in 1,073 renter households in this City. Renters make up 23.53 percent of the population living in Camp Verde.
What is the rental market like in Camp Verde, Arizona?
There are an estimated 4,722 housing units in the Camp Verde area. Of these, 1,199 units are rental homes, making up 25 percent of the housing market. For every renter household in Camp Verde, Arizona, there are 1 rental units.
What is the vacancy rate for rentals in Camp Verde?
The rental vacancy rate in Camp Verde is 11 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Camp Verde for each bedroom size?
Occupied Rental Units by Size in Camp Verde
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 15 | 147 | 503 | 329 | 79 |
Occupied Rental Units by Size in Camp Verde
A large number of apartments in Camp Verde 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 Camp Verde are overburdened by housing costs?
Among renter households in this market, 47 percent have housing cost burden. Further, 17 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 Camp Verde
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $951 to $2,273. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $951 |
| One BR | $1,140 |
| Two BR | $1,403 |
| Three BR | $1,943 |
| Four BR | $2,273 |
2024 Fair Market Rents in Camp Verde, Arizona
How many units are rented at Fair Market Rent (FMR) in Camp Verde?
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 | 15 | 100 percent |
| One BR | 74 | 50 percent |
| Two BR | 410 | 82 percent |
Rental Units Below FMR in Camp Verde, Arizona
How many affordable rental units are in Camp Verde?
There are a variety of federal affordable housing programs serving households in Camp Verde, Arizona including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 222 |
| Section 8 Project-Based Rental Assistance | 38 |
| USDA Section 515 Rural Rental Housing | 24 |
Tracked Units by Federal Program in Camp Verde, Arizona
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Camp Verde, Arizona
Camp Verde features 41 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 Camp Verde, Arizona
There are 149 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Camp Verde.
Housing Choice Vouchers in Camp Verde, Arizona
On average, Section 8 Housing Choice vouchers pay Camp Verde landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Camp Verde.
The maximum amount a voucher would pay on behalf of a low-income tenant in Camp Verde, Arizona for a two-bedroom apartment is between $1,263 and $1,543.
Sourced from federal housing data and AffordableHousingOnline.com research.
