What HUD offices serve Seminole, 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 Seminole.
How many renters live in Seminole, Florida?
The City of Seminole has 19,287 people living in 8,974 households.
There are 4,389 renters living in 2,596 renter households in this City. Renters make up 22.76 percent of the population living in Seminole.
What is the rental market like in Seminole, Florida?
There are an estimated 10,995 housing units in the Seminole area. Of these, 2,934 units are rental homes, making up 27 percent of the housing market. For every renter household in Seminole, Florida, there are 1 rental units.
What is the vacancy rate for rentals in Seminole?
The rental vacancy rate in Seminole 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 Seminole for each bedroom size?
Occupied Rental Units by Size in Seminole
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 113 | 1,075 | 1,027 | 343 | 8 |
Occupied Rental Units by Size in Seminole
A large number of apartments in Seminole 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 Seminole are overburdened by housing costs?
Among renter households in this market, 44 percent have housing cost burden. Further, 28 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 Seminole
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 Seminole, Florida
How many units are rented at Fair Market Rent (FMR) in Seminole?
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 | 91 | 81 percent |
| One BR | 580 | 54 percent |
| Two BR | 613 | 60 percent |
Rental Units Below FMR in Seminole, Florida
How many affordable rental units are in Seminole?
Income Based Apartments in Seminole, Florida
Seminole features 64 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 Seminole, Florida
There are 72 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Seminole.
Housing Choice Vouchers in Seminole, Florida
On average, Section 8 Housing Choice vouchers pay Seminole landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Seminole.
The maximum amount a voucher would pay on behalf of a low-income tenant in Seminole, Florida for a two-bedroom apartment is between $1,666 and $2,036.
Sourced from federal housing data and AffordableHousingOnline.com research.
