How many renters live in Glendora, Mississippi?
The City of Glendora has people living in households.
There are renters living in renter households in this City. Renters make up 90.14 percent of the population living in Glendora.
What is the rental market like in Glendora, Mississippi?
There are an estimated housing units in the Glendora area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Glendora, Mississippi, there are 1 rental units.
What is the vacancy rate for rentals in Glendora?
The rental vacancy rate in Glendora 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 Glendora for each bedroom size?
Occupied Rental Units by Size in Glendora
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 2 | 8 | 38 | 0 |
Occupied Rental Units by Size in Glendora
A large number of apartments in Glendora have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many units are rented at Fair Market Rent (FMR) in Glendora?
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 | 0 | 100 percent |
Two BR | 8 | 100 percent |
Rental Units Below FMR in Glendora, Mississippi
How many affordable rental units are in Glendora?
Income Based Apartments in Glendora, Mississippi
Glendora 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 Glendora, Mississippi
There are 36 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Glendora.
Housing Choice Vouchers in Glendora, Mississippi
On average, Section 8 Housing Choice vouchers pay Glendora landlords $300 per month towards rent. The average voucher holder contributes $300 towards rent in Glendora.
The maximum amount a voucher would pay on behalf of a low-income tenant in Glendora, Mississippi for a two-bedroom apartment is between $813 and $993.
Sourced from federal housing data and AffordableHousingOnline.com research.