How many renters live in Lakeside, Arizona?
The City of Lakeside has people living in households.
There are renters living in renter households in this City. Renters make up 22.03 percent of the population living in Lakeside.
What is the rental market like in Lakeside, Arizona?
There are an estimated housing units in the Lakeside area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Lakeside, Arizona, there are 1.42 rental units.
What is the vacancy rate for rentals in Lakeside?
The rental vacancy rate in Lakeside is 22 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 Lakeside for each bedroom size?
Occupied Rental Units by Size in Lakeside
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 8 | 120 | 211 | 76 | 22 |
Occupied Rental Units by Size in Lakeside
A large number of apartments in Lakeside 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 Lakeside
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $856 to $1,585. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $856 |
| One BR | $906 |
| Two BR | $1,190 |
| Three BR | $1,509 |
| Four BR | $1,585 |
2024 Fair Market Rents in Lakeside, Arizona
How many units are rented at Fair Market Rent (FMR) in Lakeside?
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 | 8 | 100 percent |
| One BR | 85 | 71 percent |
| Two BR | 84 | 40 percent |
Rental Units Below FMR in Lakeside, Arizona
How many affordable rental units are in Lakeside?
There are a variety of federal affordable housing programs serving households in Lakeside, Arizona including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit |
Tracked Units by Federal Program in Lakeside, Arizona
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Lakeside, Arizona
Lakeside features 68 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 Lakeside, Arizona
There are 36 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lakeside.
Housing Choice Vouchers in Lakeside, Arizona
On average, Section 8 Housing Choice vouchers pay Lakeside landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Lakeside.
The maximum amount a voucher would pay on behalf of a low-income tenant in Lakeside, Arizona for a two-bedroom apartment is between $1,071 and $1,309.
Sourced from federal housing data and AffordableHousingOnline.com research.