How many renters live in White Springs, Florida?
The City of White Springs has 781 people living in 331 households.
There are 328 renters living in 135 renter households in this City. Renters make up 42 percent of the population living in White Springs.
What is the rental market like in White Springs, Florida?
There are an estimated 412 housing units in the White Springs area. Of these, 139 units are rental homes, making up 34 percent of the housing market. For every renter household in White Springs, Florida, there are 1 rental units.
What is the vacancy rate for rentals in White Springs?
The rental vacancy rate in White Springs is 3 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 White Springs for each bedroom size?
Occupied Rental Units by Size in White Springs
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 19 | 85 | 26 | 5 |
Occupied Rental Units by Size in White Springs
A large number of apartments in White Springs 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 White Springs are overburdened by housing costs?
Among renter households in this market, 22 percent have housing cost burden. Further, 2 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 White Springs
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $684 to $1,265. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $684 |
| One BR | $689 |
| Two BR | $905 |
| Three BR | $1,260 |
| Four BR | $1,265 |
2024 Fair Market Rents in White Springs, Florida
How many units are rented at Fair Market Rent (FMR) in White Springs?
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 | 18 | 95 percent |
| Two BR | 56 | 66 percent |
Rental Units Below FMR in White Springs, Florida
How many affordable rental units are in White Springs?
There are a variety of federal affordable housing programs serving households in White Springs, Florida including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing | 38 |
Tracked Units by Federal Program in White Springs, Florida
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in White Springs, Florida
White Springs features 38 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 White Springs, Florida
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in White Springs.
Housing Choice Vouchers in White Springs, Florida
On average, Section 8 Housing Choice vouchers pay White Springs landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in White Springs.
The maximum amount a voucher would pay on behalf of a low-income tenant in White Springs, Florida for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.
