What HUD offices serve Manatee 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 Manatee County.
How many renters live in Manatee County, Florida?
The County of Manatee County has 429,125 people living in 176,772 households.
There are 115,280 renters living in 45,997 renter households in this County. Renters make up 26.86 percent of the population living in Manatee County.
What is the rental market like in Manatee County, Florida?
There are an estimated 220,657 housing units in the Manatee County area. Of these, 55,177 units are rental homes, making up 25 percent of the housing market. For every renter household in Manatee County, Florida, there are 1 rental units.
What is the vacancy rate for rentals in Manatee County?
The rental vacancy rate in Manatee County is 16 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 Manatee County for each bedroom size?
Occupied Rental Units by Size in Manatee County
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
1,123 | 8,591 | 20,012 | 13,784 | 2,022 |
Occupied Rental Units by Size in Manatee County
A large number of apartments in Manatee County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Manatee County are overburdened by housing costs?
Among renter households in this market, 54 percent have housing cost burden. Further, 27 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Manatee County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,230 to $2,875. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $1,230 |
One BR | $1,502 |
Two BR | $1,815 |
Three BR | $2,416 |
Four BR | $2,875 |
2024 Fair Market Rents in Manatee County, Florida
How many units are rented at Fair Market Rent (FMR) in Manatee 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 | 499 | 44 percent |
One BR | 5,690 | 66 percent |
Two BR | 9,602 | 48 percent |
Rental Units Below FMR in Manatee County, Florida
How many affordable rental units are in Manatee County?
There are a variety of federal affordable housing programs serving households in Manatee County, Florida including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | 3,143 |
Public Housing | 324 |
Section 8 Project-Based Rental Assistance | 323 |
Section 202 Supportive Housing for the Elderly | 208 |
Section 811 Supportive Housing for Persons with Disabilities | 35 |
USDA Section 515 Rural Rental Housing | 154 |
Tracked Units by Federal Program in Manatee County, Florida
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Manatee County, Florida
Manatee County features 897 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 Manatee County, Florida
There are 3,632 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Manatee County.
Housing Choice Vouchers in Manatee County, Florida
On average, Section 8 Housing Choice vouchers pay Manatee County landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Manatee County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Manatee County, Florida for a two-bedroom apartment is between $1,634 and $1,997.
Sourced from federal housing data and AffordableHousingOnline.com research.