What HUD offices serve Tequesta, 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 Tequesta.
How many renters live in Tequesta, Florida?
The City of Tequesta has 6,116 people living in 2,875 households.
There are 910 renters living in 465 renter households in this City. Renters make up 14.88 percent of the population living in Tequesta.
What is the rental market like in Tequesta, Florida?
There are an estimated 3,539 housing units in the Tequesta area. Of these, 465 units are rental homes, making up 13 percent of the housing market. For every renter household in Tequesta, Florida, there are 1 rental units.
What is the vacancy rate for rentals in Tequesta?
The rental vacancy rate in Tequesta 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 Tequesta for each bedroom size?
Occupied Rental Units by Size in Tequesta
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 100 | 189 | 162 | 14 |
Occupied Rental Units by Size in Tequesta
A large number of apartments in Tequesta 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 Tequesta are overburdened by housing costs?
Among renter households in this market, 79 percent have housing cost burden. Further, 52 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 Tequesta
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,573 to $3,556. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,573 |
| One BR | $1,851 |
| Two BR | $2,226 |
| Three BR | $2,942 |
| Four BR | $3,556 |
2024 Fair Market Rents in Tequesta, Florida
How many units are rented at Fair Market Rent (FMR) in Tequesta?
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 |
| One BR | 37 | 37 percent |
| Two BR | 35 | 19 percent |
Rental Units Below FMR in Tequesta, Florida
How many affordable rental units are in Tequesta?
Income Based Apartments in Tequesta, Florida
Tequesta features 62 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 Tequesta, Florida
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Tequesta.
Housing Choice Vouchers in Tequesta, Florida
On average, Section 8 Housing Choice vouchers pay Tequesta landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Tequesta.
The maximum amount a voucher would pay on behalf of a low-income tenant in Tequesta, Florida for a two-bedroom apartment is between $2,003 and $2,449.
Sourced from federal housing data and AffordableHousingOnline.com research.
