What HUD offices serve Port Saint Lucie, 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 Port Saint Lucie.
How many renters live in Port Saint Lucie, Florida?
The City of Port Saint Lucie has 231,804 people living in 82,788 households.
There are 35,630 renters living in 12,783 renter households in this City. Renters make up 15.37 percent of the population living in Port Saint Lucie.
What is the rental market like in Port Saint Lucie, Florida?
There are an estimated 82,293 housing units in the Port Saint Lucie area. Of these, 14,311 units are rental homes, making up 17 percent of the housing market. For every renter household in Port Saint Lucie, Florida, there are 1 rental units.
What is the vacancy rate for rentals in Port Saint Lucie?
The rental vacancy rate in Port Saint Lucie is 9 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 Port Saint Lucie for each bedroom size?
Occupied Rental Units by Size in Port Saint Lucie
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 306 | 608 | 3,163 | 6,934 | 1,900 |
Occupied Rental Units by Size in Port Saint Lucie
A large number of apartments in Port Saint Lucie 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 Port Saint Lucie are overburdened by housing costs?
Among renter households in this market, 61 percent have housing cost burden. Further, 41 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 Port Saint Lucie
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $802 to $1,801. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $802 |
| One BR | $807 |
| Two BR | $1,061 |
| Three BR | $1,400 |
| Four BR | $1,801 |
2024 Fair Market Rents in Port Saint Lucie, Florida
How many units are rented at Fair Market Rent (FMR) in Port Saint Lucie?
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 | 131 | 43 percent |
| One BR | 298 | 49 percent |
| Two BR | 1,640 | 52 percent |
Rental Units Below FMR in Port Saint Lucie, Florida
How many affordable rental units are in Port Saint Lucie?
There are a variety of federal affordable housing programs serving households in Port Saint Lucie, Florida including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 1,274 |
| Section 8 Project-Based Rental Assistance | 1 |
| Section 202 Supportive Housing for the Elderly | 49 |
Tracked Units by Federal Program in Port Saint Lucie, Florida
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Port Saint Lucie, Florida
Port Saint Lucie features 50 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 Port Saint Lucie, Florida
There are 588 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Port Saint Lucie.
Housing Choice Vouchers in Port Saint Lucie, Florida
On average, Section 8 Housing Choice vouchers pay Port Saint Lucie landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Port Saint Lucie.
The maximum amount a voucher would pay on behalf of a low-income tenant in Port Saint Lucie, Florida for a two-bedroom apartment is between $1,416 and $1,730.
Sourced from federal housing data and AffordableHousingOnline.com research.
