What HUD offices serve Smyrna, Delaware?
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 Delaware Public Housing and Low-Income Apartments Waiting Lists page for openings near Smyrna.
How many renters live in Smyrna, Delaware?
The City of Smyrna has people living in households.
There are renters living in renter households in this City. Renters make up 28.32 percent of the population living in Smyrna.
What is the rental market like in Smyrna, Delaware?
There are an estimated housing units in the Smyrna area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Smyrna, Delaware, there are 1.04 rental units.
What is the vacancy rate for rentals in Smyrna?
The rental vacancy rate in Smyrna 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 Smyrna for each bedroom size?
Occupied Rental Units by Size in Smyrna
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 0 257 568 632 62 Occupied Rental Units by Size in Smyrna
A large number of apartments in Smyrna 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 Smyrna
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,110 to $2,152. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $1,110 One BR $1,117 Two BR $1,368 Three BR $1,928 Four BR $2,152 2024 Fair Market Rents in Smyrna, Delaware
How many units are rented at Fair Market Rent (FMR) in Smyrna?
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 88 34 percent Two BR 389 68 percent Rental Units Below FMR in Smyrna, Delaware
How many affordable rental units are in Smyrna?
There are a variety of federal affordable housing programs serving households in
Smyrna, Delaware including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Section 811 Supportive Housing for Persons with Disabilities USDA Section 515 Rural Rental Housing Tracked Units by Federal Program in Smyrna, Delaware
Income Based Apartments in Smyrna, Delaware
Smyrna features 184 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 Smyrna, Delaware
There are 151 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Smyrna.
Housing Choice Vouchers in Smyrna, Delaware
On average, Section 8 Housing Choice vouchers pay Smyrna landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Smyrna.
The maximum amount a voucher would pay on behalf of a low-income tenant in Smyrna, Delaware for a two-bedroom apartment is between $1,231 and $1,505.
Sourced from federal housing data and AffordableHousingOnline.com research.