What HUD offices serve Riviera 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 Riviera Beach.
How many renters live in Riviera Beach, Florida?
The City of Riviera Beach has 37,668 people living in 13,416 households.
There are 17,019 renters living in 5,775 renter households in this City. Renters make up 45.18 percent of the population living in Riviera Beach.
What is the rental market like in Riviera Beach, Florida?
There are an estimated 17,597 housing units in the Riviera Beach area. Of these, 6,294 units are rental homes, making up 36 percent of the housing market. For every renter household in Riviera Beach, Florida, there are 1 rental units.
What is the vacancy rate for rentals in Riviera Beach?
The rental vacancy rate in Riviera 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 Riviera Beach for each bedroom size?
Occupied Rental Units by Size in Riviera Beach
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 119 | 1,057 | 2,074 | 2,054 | 419 |
Occupied Rental Units by Size in Riviera Beach
A large number of apartments in Riviera 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 Riviera Beach are overburdened by housing costs?
Among renter households in this market, 60 percent have housing cost burden. Further, 32 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 Riviera Beach
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,573 to $3,556. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,573 |
| One BR | $1,851 |
| Two BR | $2,226 |
| Three BR | $2,942 |
| Four BR | $3,556 |
2024 Fair Market Rents in Riviera Beach, Florida
How many units are rented at Fair Market Rent (FMR) in Riviera 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 | 100 | 84 percent |
| One BR | 732 | 69 percent |
| Two BR | 1,170 | 56 percent |
Rental Units Below FMR in Riviera Beach, Florida
How many affordable rental units are in Riviera Beach?
There are a variety of federal affordable housing programs serving households in Riviera Beach, Florida including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 716 |
| Public Housing | 13 |
| Section 8 Project-Based Rental Assistance | 217 |
| Section 202 Supportive Housing for the Elderly | 84 |
| Section 811 Supportive Housing for Persons with Disabilities | 1 |
Tracked Units by Federal Program in Riviera Beach, Florida
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Riviera Beach, Florida
Riviera Beach features 301 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 Riviera Beach, Florida
There are 615 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Riviera Beach.
Housing Choice Vouchers in Riviera Beach, Florida
On average, Section 8 Housing Choice vouchers pay Riviera Beach landlords $1,100 per month towards rent. The average voucher holder contributes $400 towards rent in Riviera Beach.
The maximum amount a voucher would pay on behalf of a low-income tenant in Riviera Beach, Florida for a two-bedroom apartment is between $2,003 and $2,449.
Sourced from federal housing data and AffordableHousingOnline.com research.
