What HUD offices serve Fountain Hills, Arizona?
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 Arizona Public Housing and Low-Income Apartments Waiting Lists page for openings near Fountain Hills.
How many renters live in Fountain Hills, Arizona?
The City of Fountain Hills has people living in households.
There are renters living in renter households in this City. Renters make up 13.72 percent of the population living in Fountain Hills.
What is the rental market like in Fountain Hills, Arizona?
There are an estimated housing units in the Fountain Hills area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Fountain Hills, Arizona, there are 1.03 rental units.
What is the vacancy rate for rentals in Fountain Hills?
The rental vacancy rate in Fountain Hills 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 Fountain Hills for each bedroom size?
Occupied Rental Units by Size in Fountain Hills
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 19 | 150 | 916 | 427 | 149 |
Occupied Rental Units by Size in Fountain Hills
A large number of apartments in Fountain Hills 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 Fountain Hills
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,460 to $2,890. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,460 |
| One BR | $1,599 |
| Two BR | $1,877 |
| Three BR | $2,541 |
| Four BR | $2,890 |
2024 Fair Market Rents in Fountain Hills, Arizona
How many units are rented at Fair Market Rent (FMR) in Fountain Hills?
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 | 18 | 95 percent |
| One BR | 99 | 66 percent |
| Two BR | 440 | 48 percent |
Rental Units Below FMR in Fountain Hills, Arizona
How many affordable rental units are in Fountain Hills?
Income Based Apartments in Fountain Hills, Arizona
Fountain Hills features 0 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 Fountain Hills, Arizona
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fountain Hills.
Housing Choice Vouchers in Fountain Hills, Arizona
On average, Section 8 Housing Choice vouchers pay Fountain Hills landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Fountain Hills.
The maximum amount a voucher would pay on behalf of a low-income tenant in Fountain Hills, Arizona for a two-bedroom apartment is between $1,689 and $2,065.
Sourced from federal housing data and AffordableHousingOnline.com research.