How many renters live in Dundee, Florida?
The City of Dundee has people living in households.
There are renters living in renter households in this City. Renters make up 33.17 percent of the population living in Dundee.
What is the rental market like in Dundee, Florida?
There are an estimated housing units in the Dundee area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Dundee, Florida, there are 1 rental units.
What is the vacancy rate for rentals in Dundee?
The rental vacancy rate in Dundee 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 Dundee for each bedroom size?
Occupied Rental Units by Size in Dundee
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 8 | 86 | 325 | 18 |
Occupied Rental Units by Size in Dundee
A large number of apartments in Dundee 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 Dundee
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,006 to $2,121. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $1,006 |
One BR | $1,012 |
Two BR | $1,250 |
Three BR | $1,679 |
Four BR | $2,121 |
2024 Fair Market Rents in Dundee, Florida
How many units are rented at Fair Market Rent (FMR) in Dundee?
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 | 59 | 69 percent |
Rental Units Below FMR in Dundee, Florida
How many affordable rental units are in Dundee?
Income Based Apartments in Dundee, Florida
Dundee 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 Dundee, Florida
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Dundee.
Housing Choice Vouchers in Dundee, Florida
On average, Section 8 Housing Choice vouchers pay Dundee landlords $700 per month towards rent. The average voucher holder contributes $600 towards rent in Dundee.
The maximum amount a voucher would pay on behalf of a low-income tenant in Dundee, Florida for a two-bedroom apartment is between $1,125 and $1,375.
Sourced from federal housing data and AffordableHousingOnline.com research.