What HUD offices serve South Bay, 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 South Bay.
How many renters live in South Bay, Florida?
The City of South Bay has people living in households.
There are renters living in renter households in this City. Renters make up 18.8 percent of the population living in South Bay.
What is the rental market like in South Bay, Florida?
There are an estimated housing units in the South Bay area. Of these, units are rental homes, making up percent of the housing market. For every renter household in South Bay, Florida, there are 1 rental units.
What is the vacancy rate for rentals in South Bay?
The rental vacancy rate in South Bay is 0 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 South Bay for each bedroom size?
Occupied Rental Units by Size in South Bay
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 23 | 206 | 65 | 9 |
Occupied Rental Units by Size in South Bay
A large number of apartments in South Bay 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 South Bay
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 South Bay, Florida
How many units are rented at Fair Market Rent (FMR) in South Bay?
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 |
| One BR | 23 | 100 percent |
| Two BR | 206 | 100 percent |
Rental Units Below FMR in South Bay, Florida
How many affordable rental units are in South Bay?
There are a variety of federal affordable housing programs serving households in South Bay, Florida including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Section 8 Project-Based Rental Assistance |
Tracked Units by Federal Program in South Bay, Florida
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in South Bay, Florida
South Bay features 127 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 South Bay, Florida
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in South Bay.
Housing Choice Vouchers in South Bay, Florida
On average, Section 8 Housing Choice vouchers pay South Bay landlords $1,400 per month towards rent. The average voucher holder contributes $400 towards rent in South Bay.
The maximum amount a voucher would pay on behalf of a low-income tenant in South Bay, Florida for a two-bedroom apartment is between $2,003 and $2,449.
Sourced from federal housing data and AffordableHousingOnline.com research.