What HUD offices serve Clermont, Florida?
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 Florida Public Housing and Low-Income Apartments Waiting Lists page for openings near Clermont.
How many renters live in Clermont, Florida?
The City of Clermont has 43,266 people living in 15,853 households.
There are 12,152 renters living in 4,817 renter households in this City. Renters make up 28.09 percent of the population living in Clermont.
What is the rental market like in Clermont, Florida?
There are an estimated 17,658 housing units in the Clermont area. Of these, 5,672 units are rental homes, making up 32 percent of the housing market. For every renter household in Clermont, Florida, there are 1 rental units.
What is the vacancy rate for rentals in Clermont?
The rental vacancy rate in Clermont is 12 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 Clermont for each bedroom size?
Occupied Rental Units by Size in Clermont
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 102 | 930 | 2,332 | 1,062 | 304 |
Occupied Rental Units by Size in Clermont
A large number of apartments in Clermont 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 Clermont are overburdened by housing costs?
Among renter households in this market, 60 percent have housing cost burden. Further, 24 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 Clermont
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,558 to $2,849. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,558 |
| One BR | $1,638 |
| Two BR | $1,857 |
| Three BR | $2,362 |
| Four BR | $2,849 |
2024 Fair Market Rents in Clermont, Florida
How many units are rented at Fair Market Rent (FMR) in Clermont?
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 | 75 | 74 percent |
| One BR | 427 | 46 percent |
| Two BR | 702 | 30 percent |
Rental Units Below FMR in Clermont, Florida
How many affordable rental units are in Clermont?
There are a variety of federal affordable housing programs serving households in Clermont, Florida including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 337 |
| USDA Section 515 Rural Rental Housing | 106 |
Tracked Units by Federal Program in Clermont, Florida
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Clermont, Florida
Clermont features 142 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 Clermont, Florida
There are 943 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Clermont.
Housing Choice Vouchers in Clermont, Florida
On average, Section 8 Housing Choice vouchers pay Clermont landlords $900 per month towards rent. The average voucher holder contributes $300 towards rent in Clermont.
The maximum amount a voucher would pay on behalf of a low-income tenant in Clermont, Florida for a two-bedroom apartment is between $1,671 and $2,043.
Sourced from federal housing data and AffordableHousingOnline.com research.
