What HUD offices serve Fortuna, California?
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 California Public Housing and Low-Income Apartments Waiting Lists page for openings near Fortuna.
How many renters live in Fortuna, California?
The City of Fortuna has 12,527 people living in 4,955 households.
There are 5,025 renters living in 2,144 renter households in this City. Renters make up 40.11 percent of the population living in Fortuna.
What is the rental market like in Fortuna, California?
There are an estimated 5,300 housing units in the Fortuna area. Of these, 2,151 units are rental homes, making up 41 percent of the housing market. For every renter household in Fortuna, California, there are 1 rental units.
What is the vacancy rate for rentals in Fortuna?
The rental vacancy rate in Fortuna is 0 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 Fortuna for each bedroom size?
Occupied Rental Units by Size in Fortuna
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 62 | 543 | 923 | 467 | 126 |
Occupied Rental Units by Size in Fortuna
A large number of apartments in Fortuna 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 Fortuna are overburdened by housing costs?
Among renter households in this market, 53 percent have housing cost burden. Further, 29 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 Fortuna
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $950 to $2,294. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $950 |
| One BR | $1,032 |
| Two BR | $1,352 |
| Three BR | $1,905 |
| Four BR | $2,294 |
2024 Fair Market Rents in Fortuna, California
How many units are rented at Fair Market Rent (FMR) in Fortuna?
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 | 57 | 92 percent |
| One BR | 423 | 78 percent |
| Two BR | 625 | 68 percent |
Rental Units Below FMR in Fortuna, California
How many affordable rental units are in Fortuna?
There are a variety of federal affordable housing programs serving households in Fortuna, California including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 118 |
| Section 8 Project-Based Rental Assistance | 77 |
| USDA Section 515 Rural Rental Housing | 171 |
Tracked Units by Federal Program in Fortuna, California
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Fortuna, California
Fortuna features 201 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 Fortuna, California
There are 163 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fortuna.
Housing Choice Vouchers in Fortuna, California
On average, Section 8 Housing Choice vouchers pay Fortuna landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Fortuna.
The maximum amount a voucher would pay on behalf of a low-income tenant in Fortuna, California for a two-bedroom apartment is between $1,217 and $1,487.
Sourced from federal housing data and AffordableHousingOnline.com research.
