How many renters live in Jacksonville Beach, Florida?
The City of Jacksonville Beach has people living in households.
There are renters living in renter households in this City. Renters make up 28.33 percent of the population living in Jacksonville Beach.
What is the rental market like in Jacksonville Beach, Florida?
There are an estimated housing units in the Jacksonville Beach area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Jacksonville Beach, Florida, there are 1.09 rental units.
What is the vacancy rate for rentals in Jacksonville Beach?
The rental vacancy rate in Jacksonville Beach is 8 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 Jacksonville Beach for each bedroom size?
Occupied Rental Units by Size in Jacksonville Beach
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
95 | 824 | 1,674 | 812 | 165 |
Occupied Rental Units by Size in Jacksonville Beach
A large number of apartments in Jacksonville 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 Jacksonville Beach
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,240 to $2,579. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $1,240 |
One BR | $1,354 |
Two BR | $1,604 |
Three BR | $2,027 |
Four BR | $2,579 |
2024 Fair Market Rents in Jacksonville Beach, Florida
How many units are rented at Fair Market Rent (FMR) in Jacksonville 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 | 27 | 28 percent |
One BR | 535 | 65 percent |
Two BR | 397 | 24 percent |
Rental Units Below FMR in Jacksonville Beach, Florida
How many affordable rental units are in Jacksonville Beach?
There are a variety of federal affordable housing programs serving households in Jacksonville Beach, Florida including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | |
Section 8 Project-Based Rental Assistance |
Tracked Units by Federal Program in Jacksonville Beach, Florida
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Jacksonville Beach, Florida
Jacksonville Beach features 455 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 Jacksonville Beach, Florida
There are 287 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Jacksonville Beach.
Housing Choice Vouchers in Jacksonville Beach, Florida
On average, Section 8 Housing Choice vouchers pay Jacksonville Beach landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Jacksonville Beach.
The maximum amount a voucher would pay on behalf of a low-income tenant in Jacksonville Beach, Florida for a two-bedroom apartment is between $1,444 and $1,764.
Sourced from federal housing data and AffordableHousingOnline.com research.