How many renters live in Daphne, Alabama?
The City of Daphne has people living in households.
There are renters living in renter households in this City. Renters make up 27.39 percent of the population living in Daphne.
What is the rental market like in Daphne, Alabama?
There are an estimated housing units in the Daphne area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Daphne, Alabama, there are 1.17 rental units.
What is the vacancy rate for rentals in Daphne?
The rental vacancy rate in Daphne is 14 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 Daphne for each bedroom size?
Occupied Rental Units by Size in Daphne
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 49 | 602 | 1,140 | 900 | 254 |
Occupied Rental Units by Size in Daphne
A large number of apartments in Daphne have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Daphne
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,051 to $2,114. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,051 |
| One BR | $1,056 |
| Two BR | $1,362 |
| Three BR | $1,670 |
| Four BR | $2,114 |
2024 Fair Market Rents in Daphne, Alabama
How many units are rented at Fair Market Rent (FMR) in Daphne?
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 | 21 | 43 percent |
| One BR | 390 | 65 percent |
| Two BR | 709 | 62 percent |
Rental Units Below FMR in Daphne, Alabama
How many affordable rental units are in Daphne?
There are a variety of federal affordable housing programs serving households in Daphne, Alabama including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Section 8 Project-Based Rental Assistance | |
| Section 202 Supportive Housing for the Elderly |
Tracked Units by Federal Program in Daphne, Alabama
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Daphne, Alabama
Daphne features 49 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 Daphne, Alabama
There are 150 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Daphne.
Housing Choice Vouchers in Daphne, Alabama
On average, Section 8 Housing Choice vouchers pay Daphne landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Daphne.
The maximum amount a voucher would pay on behalf of a low-income tenant in Daphne, Alabama for a two-bedroom apartment is between $1,226 and $1,498.
Sourced from federal housing data and AffordableHousingOnline.com research.