What HUD offices serve Del Rey, California?
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 California Public Housing and Low-Income Apartments Waiting Lists page for openings near Del Rey.
How many renters live in Del Rey, California?
The City of Del Rey has people living in households.
There are renters living in renter households in this City. Renters make up 41.38 percent of the population living in Del Rey.
What is the rental market like in Del Rey, California?
There are an estimated housing units in the Del Rey area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Del Rey, California, there are 1 rental units.
What is the vacancy rate for rentals in Del Rey?
The rental vacancy rate in Del Rey 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 Del Rey for each bedroom size?
Occupied Rental Units by Size in Del Rey
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 0 | 71 | 109 | 12 |
Occupied Rental Units by Size in Del Rey
A large number of apartments in Del Rey 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 Del Rey
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,149 to $2,330. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $1,149 |
One BR | $1,157 |
Two BR | $1,443 |
Three BR | $2,033 |
Four BR | $2,330 |
2024 Fair Market Rents in Del Rey, California
How many units are rented at Fair Market Rent (FMR) in Del Rey?
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 | 70 | 99 percent |
Rental Units Below FMR in Del Rey, California
How many affordable rental units are in Del Rey?
There are a variety of federal affordable housing programs serving households in Del Rey, California including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | |
Public Housing |
Tracked Units by Federal Program in Del Rey, California
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Del Rey, California
Del Rey features 48 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 Del Rey, California
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Del Rey.
Housing Choice Vouchers in Del Rey, California
On average, Section 8 Housing Choice vouchers pay Del Rey landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Del Rey.
The maximum amount a voucher would pay on behalf of a low-income tenant in Del Rey, California for a two-bedroom apartment is between $1,299 and $1,587.
Sourced from federal housing data and AffordableHousingOnline.com research.