What HUD offices serve Treasure Island, 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 Treasure Island.
How many renters live in Treasure Island, Florida?
The City of Treasure Island has people living in households.
There are renters living in renter households in this City. Renters make up 17.44 percent of the population living in Treasure Island.
What is the rental market like in Treasure Island, Florida?
There are an estimated housing units in the Treasure Island area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Treasure Island, Florida, there are 1.5 rental units.
What is the vacancy rate for rentals in Treasure Island?
The rental vacancy rate in Treasure Island is 33 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 Treasure Island for each bedroom size?
Occupied Rental Units by Size in Treasure Island
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 27 | 258 | 482 | 51 | 0 |
Occupied Rental Units by Size in Treasure Island
A large number of apartments in Treasure Island 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 Treasure Island
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 Treasure Island, Florida
How many units are rented at Fair Market Rent (FMR) in Treasure Island?
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 | 26 | 96 percent |
| One BR | 207 | 80 percent |
| Two BR | 251 | 52 percent |
Rental Units Below FMR in Treasure Island, Florida
How many affordable rental units are in Treasure Island?
Income Based Apartments in Treasure Island, Florida
Treasure Island 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 Treasure Island, Florida
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Treasure Island.
Housing Choice Vouchers in Treasure Island, Florida
On average, Section 8 Housing Choice vouchers pay Treasure Island landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Treasure Island.
The maximum amount a voucher would pay on behalf of a low-income tenant in Treasure Island, Florida for a two-bedroom apartment is between $1,666 and $2,036.
Sourced from federal housing data and AffordableHousingOnline.com research.