What HUD offices serve Charlotte County, Florida?
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 Florida Public Housing and Low-Income Apartments Waiting Lists page for openings near Charlotte County.
How many renters live in Charlotte County, Florida?
The County of Charlotte County has people living in households.
There are renters living in renter households in this County. Renters make up 17.23 percent of the population living in Charlotte County.
What is the rental market like in Charlotte County, Florida?
There are an estimated housing units in the Charlotte County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Charlotte County, Florida, there are 1.16 rental units.
What is the vacancy rate for rentals in Charlotte County?
The rental vacancy rate in Charlotte County is 10 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 Charlotte County for each bedroom size?
Occupied Rental Units by Size in Charlotte County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 966 | 2,342 | 6,396 | 4,734 | 367 |
Occupied Rental Units by Size in Charlotte County
A large number of apartments in Charlotte County 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 Charlotte County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,089 to $2,306. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,089 |
| One BR | $1,121 |
| Two BR | $1,380 |
| Three BR | $1,945 |
| Four BR | $2,306 |
2024 Fair Market Rents in Charlotte County, Florida
How many units are rented at Fair Market Rent (FMR) in Charlotte County?
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 | 359 | 37 percent |
| One BR | 1,668 | 71 percent |
| Two BR | 4,255 | 67 percent |
Rental Units Below FMR in Charlotte County, Florida
How many affordable rental units are in Charlotte County?
There are a variety of federal affordable housing programs serving households in Charlotte County, Florida including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Public Housing | |
| Section 8 Project-Based Rental Assistance | |
| Section 202 Supportive Housing for the Elderly | |
| Section 811 Supportive Housing for Persons with Disabilities | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Charlotte County, Florida
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Charlotte County, Florida
Charlotte County features 439 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 Charlotte County, Florida
There are 1,450 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Charlotte County.
Housing Choice Vouchers in Charlotte County, Florida
On average, Section 8 Housing Choice vouchers pay Charlotte County landlords $900 per month towards rent. The average voucher holder contributes $300 towards rent in Charlotte County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Charlotte County, Florida for a two-bedroom apartment is between $1,242 and $1,518.
Sourced from federal housing data and AffordableHousingOnline.com research.