What HUD offices serve Coolidge, 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 Coolidge.
How many renters live in Coolidge, Arizona?
The City of Coolidge has 14,175 people living in 4,378 households.
There are 5,250 renters living in 1,456 renter households in this City. Renters make up 37.04 percent of the population living in Coolidge.
What is the rental market like in Coolidge, Arizona?
There are an estimated 4,968 housing units in the Coolidge area. Of these, 1,563 units are rental homes, making up 31 percent of the housing market. For every renter household in Coolidge, Arizona, there are 1 rental units.
What is the vacancy rate for rentals in Coolidge?
The rental vacancy rate in Coolidge is 7 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 Coolidge for each bedroom size?
Occupied Rental Units by Size in Coolidge
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 23 | 229 | 427 | 538 | 143 |
Occupied Rental Units by Size in Coolidge
A large number of apartments in Coolidge 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 Coolidge are overburdened by housing costs?
Among renter households in this market, 36 percent have housing cost burden. Further, 15 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 Coolidge
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 Coolidge, Arizona
How many units are rented at Fair Market Rent (FMR) in Coolidge?
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 | 22 | 96 percent |
| One BR | 202 | 88 percent |
| Two BR | 383 | 90 percent |
Rental Units Below FMR in Coolidge, Arizona
How many affordable rental units are in Coolidge?
There are a variety of federal affordable housing programs serving households in Coolidge, Arizona including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 171 |
| Public Housing | 8 |
| Section 8 Project-Based Rental Assistance | 1 |
| USDA Section 515 Rural Rental Housing | 138 |
Tracked Units by Federal Program in Coolidge, Arizona
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Coolidge, Arizona
Coolidge features 138 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 Coolidge, Arizona
There are 122 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Coolidge.
Housing Choice Vouchers in Coolidge, Arizona
On average, Section 8 Housing Choice vouchers pay Coolidge landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Coolidge.
The maximum amount a voucher would pay on behalf of a low-income tenant in Coolidge, Arizona for a two-bedroom apartment is between $1,689 and $2,065.
Sourced from federal housing data and AffordableHousingOnline.com research.
