How many renters live in Snowflake, Arizona?
The City of Snowflake has people living in households.
There are renters living in renter households in this City. Renters make up 21.09 percent of the population living in Snowflake.
What is the rental market like in Snowflake, Arizona?
There are an estimated housing units in the Snowflake area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Snowflake, Arizona, there are 1.08 rental units.
What is the vacancy rate for rentals in Snowflake?
The rental vacancy rate in Snowflake is 0 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 Snowflake for each bedroom size?
Occupied Rental Units by Size in Snowflake
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 12 | 121 | 166 | 80 |
Occupied Rental Units by Size in Snowflake
A large number of apartments in Snowflake 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 Snowflake
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 Snowflake, Arizona
How many units are rented at Fair Market Rent (FMR) in Snowflake?
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 |
| One BR | 0 | 100 percent |
| Two BR | 69 | 57 percent |
Rental Units Below FMR in Snowflake, Arizona
How many affordable rental units are in Snowflake?
There are a variety of federal affordable housing programs serving households in Snowflake, Arizona including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Snowflake, Arizona
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Snowflake, Arizona
Snowflake 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 Snowflake, Arizona
There are 60 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Snowflake.
Housing Choice Vouchers in Snowflake, Arizona
On average, Section 8 Housing Choice vouchers pay Snowflake landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Snowflake.
The maximum amount a voucher would pay on behalf of a low-income tenant in Snowflake, Arizona for a two-bedroom apartment is between $1,071 and $1,309.
Sourced from federal housing data and AffordableHousingOnline.com research.