How many renters live in Coconino County, Arizona?
The County of Coconino County has people living in households.
There are renters living in renter households in this County. Renters make up 36.93 percent of the population living in Coconino County.
What is the rental market like in Coconino County, Arizona?
There are an estimated housing units in the Coconino County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Coconino County, Arizona, there are 1 rental units.
What is the vacancy rate for rentals in Coconino County?
The rental vacancy rate in Coconino County is 8 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 Coconino County for each bedroom size?
Occupied Rental Units by Size in Coconino County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 3,307 | 3,082 | 7,734 | 6,904 | 2,325 |
Occupied Rental Units by Size in Coconino County
A large number of apartments in Coconino County 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 Coconino County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,448 to $2,633. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,448 |
| One BR | $1,537 |
| Two BR | $1,863 |
| Three BR | $2,253 |
| Four BR | $2,633 |
2024 Fair Market Rents in Coconino County, Arizona
How many units are rented at Fair Market Rent (FMR) in Coconino County?
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 | 2,512 | 76 percent |
| One BR | 1,901 | 62 percent |
| Two BR | 4,186 | 54 percent |
Rental Units Below FMR in Coconino County, Arizona
How many affordable rental units are in Coconino County?
There are a variety of federal affordable housing programs serving households in Coconino County, Arizona including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Public Housing | |
| Section 8 Project-Based Rental Assistance | |
| Mod Rehab Project-Based Rental Assistance | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Coconino County, Arizona
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Coconino County, Arizona
Coconino County features 502 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 Coconino County, Arizona
There are 1,027 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Coconino County.
Housing Choice Vouchers in Coconino County, Arizona
On average, Section 8 Housing Choice vouchers pay Coconino County landlords $900 per month towards rent. The average voucher holder contributes $300 towards rent in Coconino County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Coconino County, Arizona for a two-bedroom apartment is between $1,677 and $2,049.
Sourced from federal housing data and AffordableHousingOnline.com research.
