How many renters live in Munds Park, Arizona?
The City of Munds Park has people living in households.
There are renters living in renter households in this City. Renters make up 11.16 percent of the population living in Munds Park.
What is the rental market like in Munds Park, Arizona?
There are an estimated housing units in the Munds Park area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Munds Park, Arizona, there are 1.93 rental units.
What is the vacancy rate for rentals in Munds Park?
The rental vacancy rate in Munds Park is 48 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 Munds Park for each bedroom size?
Occupied Rental Units by Size in Munds Park
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 0 | 42 | 14 | 0 |
Occupied Rental Units by Size in Munds Park
A large number of apartments in Munds Park 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 Munds Park
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 Munds Park, Arizona
How many units are rented at Fair Market Rent (FMR) in Munds Park?
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 |
| Two BR | 42 | 100 percent |
Rental Units Below FMR in Munds Park, Arizona
How many affordable rental units are in Munds Park?
Income Based Apartments in Munds Park, Arizona
Munds Park 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 Munds Park, Arizona
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Munds Park.
Housing Choice Vouchers in Munds Park, Arizona
On average, Section 8 Housing Choice vouchers pay Munds Park landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Munds Park.
The maximum amount a voucher would pay on behalf of a low-income tenant in Munds Park, Arizona for a two-bedroom apartment is between $1,677 and $2,049.
Sourced from federal housing data and AffordableHousingOnline.com research.