What HUD offices serve Redington Beach, 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 Redington Beach.
How many renters live in Redington Beach, Florida?
The City of Redington Beach has 1,320 people living in 624 households.
There are 118 renters living in 46 renter households in this City. Renters make up 8.94 percent of the population living in Redington Beach.
What is the rental market like in Redington Beach, Florida?
There are an estimated 1,008 housing units in the Redington Beach area. Of these, 87 units are rental homes, making up 9 percent of the housing market. For every renter household in Redington Beach, Florida, there are 2 rental units.
What is the vacancy rate for rentals in Redington Beach?
The rental vacancy rate in Redington Beach is 47 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 Redington Beach for each bedroom size?
Occupied Rental Units by Size in Redington Beach
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 5 | 3 | 20 | 11 | 7 |
Occupied Rental Units by Size in Redington Beach
A large number of apartments in Redington Beach 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 Redington Beach are overburdened by housing costs?
Among renter households in this market, 24 percent have housing cost burden. Further, 11 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 Redington Beach
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,449 to $2,888. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,449 |
| One BR | $1,562 |
| Two BR | $1,851 |
| Three BR | $2,367 |
| Four BR | $2,888 |
2024 Fair Market Rents in Redington Beach, Florida
How many units are rented at Fair Market Rent (FMR) in Redington 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 | 4 | 80 percent |
| One BR | 3 | 100 percent |
| Two BR | 6 | 30 percent |
Rental Units Below FMR in Redington Beach, Florida
How many affordable rental units are in Redington Beach?
Income Based Apartments in Redington Beach, Florida
Redington Beach 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 Redington Beach, Florida
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Redington Beach.
Housing Choice Vouchers in Redington Beach, Florida
On average, Section 8 Housing Choice vouchers pay Redington Beach landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Redington Beach.
The maximum amount a voucher would pay on behalf of a low-income tenant in Redington Beach, Florida for a two-bedroom apartment is between $1,666 and $2,036.
Sourced from federal housing data and AffordableHousingOnline.com research.
