What HUD offices serve Broward 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 Broward County.
How many renters live in Broward County, Florida?
The County of Broward County has people living in households.
There are renters living in renter households in this County. Renters make up 36.56 percent of the population living in Broward County.
What is the rental market like in Broward County, Florida?
There are an estimated housing units in the Broward County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Broward County, Florida, there are 1.06 rental units.
What is the vacancy rate for rentals in Broward County?
The rental vacancy rate in Broward County is 5 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 Broward County for each bedroom size?
Occupied Rental Units by Size in Broward County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 16,043 76,982 122,805 51,722 12,551 Occupied Rental Units by Size in Broward County
A large number of apartments in Broward 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 Broward County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,573 to $3,567. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $1,573 One BR $1,692 Two BR $2,102 Three BR $2,916 Four BR $3,567 2024 Fair Market Rents in Broward County, Florida
How many units are rented at Fair Market Rent (FMR) in Broward 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 9,423 59 percent One BR 39,670 52 percent Two BR 33,717 27 percent Rental Units Below FMR in Broward County, Florida
How many affordable rental units are in Broward County?
There are a variety of federal affordable housing programs serving households in
Broward County, Florida including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Public Housing Section 8 Project-Based Rental Assistance Mod Rehab Project-Based Rental Assistance Section 202 Supportive Housing for the Elderly Section 811 Supportive Housing for Persons with Disabilities USDA Section 514 Farm Labor Housing Tracked Units by Federal Program in Broward County, Florida
Income Based Apartments in Broward County, Florida
Broward County features 4,412 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 Broward County, Florida
There are 11,098 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Broward County.
Housing Choice Vouchers in Broward County, Florida
On average, Section 8 Housing Choice vouchers pay Broward County landlords $1,000 per month towards rent. The average voucher holder contributes $400 towards rent in Broward County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Broward County, Florida for a two-bedroom apartment is between $1,892 and $2,312.
Sourced from federal housing data and AffordableHousingOnline.com research.