What HUD offices serve South Daytona, 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 Daytona.
How many renters live in South Daytona, Florida?
The City of South Daytona has 13,132 people living in 5,930 households.
There are 5,094 renters living in 2,132 renter households in this City. Renters make up 38.79 percent of the population living in South Daytona.
What is the rental market like in South Daytona, Florida?
There are an estimated 6,645 housing units in the South Daytona area. Of these, 2,295 units are rental homes, making up 35 percent of the housing market. For every renter household in South Daytona, Florida, there are 1 rental units.
What is the vacancy rate for rentals in South Daytona?
The rental vacancy rate in South Daytona is 4 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 Daytona for each bedroom size?
Occupied Rental Units by Size in South Daytona
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 19 | 352 | 1,293 | 382 | 75 |
Occupied Rental Units by Size in South Daytona
A large number of apartments in South Daytona 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 South Daytona are overburdened by housing costs?
Among renter households in this market, 54 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 South Daytona
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $958 to $1,925. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $958 |
| One BR | $1,152 |
| Two BR | $1,413 |
| Three BR | $1,865 |
| Four BR | $1,925 |
2024 Fair Market Rents in South Daytona, Florida
How many units are rented at Fair Market Rent (FMR) in South Daytona?
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 | 0 | 100 percent |
| One BR | 196 | 56 percent |
| Two BR | 881 | 68 percent |
Rental Units Below FMR in South Daytona, Florida
How many affordable rental units are in South Daytona?
There are a variety of federal affordable housing programs serving households in South Daytona, Florida including the following:
| Federal Program | Unit Count |
| Section 202 Supportive Housing for the Elderly | 38 |
Tracked Units by Federal Program in South Daytona, Florida
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in South Daytona, Florida
South Daytona features 40 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 Daytona, Florida
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in South Daytona.
Housing Choice Vouchers in South Daytona, Florida
On average, Section 8 Housing Choice vouchers pay South Daytona landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in South Daytona.
The maximum amount a voucher would pay on behalf of a low-income tenant in South Daytona, Florida for a two-bedroom apartment is between $1,272 and $1,554.
Sourced from federal housing data and AffordableHousingOnline.com research.
