What HUD offices serve Redondo Beach, 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 Redondo Beach.
How many renters live in Redondo Beach, California?
The City of Redondo Beach has people living in households.
There are renters living in renter households in this City. Renters make up 45.68 percent of the population living in Redondo Beach.
What is the rental market like in Redondo Beach, California?
There are an estimated housing units in the Redondo Beach area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Redondo Beach, California, there are 1.02 rental units.
What is the vacancy rate for rentals in Redondo Beach?
The rental vacancy rate in Redondo Beach is 4 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 Redondo Beach for each bedroom size?
Occupied Rental Units by Size in Redondo Beach
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
493 | 3,602 | 6,276 | 2,446 | 499 |
Occupied Rental Units by Size in Redondo Beach
A large number of apartments in Redondo Beach 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 Redondo Beach
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,777 to $3,600. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $1,777 |
One BR | $2,006 |
Two BR | $2,544 |
Three BR | $3,263 |
Four BR | $3,600 |
2024 Fair Market Rents in Redondo Beach, California
How many units are rented at Fair Market Rent (FMR) in Redondo Beach?
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 | 60 | 12 percent |
One BR | 454 | 13 percent |
Two BR | 281 | 4 percent |
Rental Units Below FMR in Redondo Beach, California
How many affordable rental units are in Redondo Beach?
There are a variety of federal affordable housing programs serving households in Redondo Beach, California including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | |
Section 8 Project-Based Rental Assistance |
Tracked Units by Federal Program in Redondo Beach, California
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Redondo Beach, California
Redondo Beach features 134 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 Redondo Beach, California
There are 187 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Redondo Beach.
Housing Choice Vouchers in Redondo Beach, California
On average, Section 8 Housing Choice vouchers pay Redondo Beach landlords $1,100 per month towards rent. The average voucher holder contributes $500 towards rent in Redondo Beach.
The maximum amount a voucher would pay on behalf of a low-income tenant in Redondo Beach, California for a two-bedroom apartment is between $2,290 and $2,798.
Sourced from federal housing data and AffordableHousingOnline.com research.