How many renters live in Jacksonville, North Carolina?
The City of Jacksonville has people living in households.
There are renters living in renter households in this City. Renters make up 41.01 percent of the population living in Jacksonville.
What is the rental market like in Jacksonville, North Carolina?
There are an estimated housing units in the Jacksonville area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Jacksonville, North Carolina, there are 1.11 rental units.
What is the vacancy rate for rentals in Jacksonville?
The rental vacancy rate in Jacksonville is 7 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 Jacksonville for each bedroom size?
Occupied Rental Units by Size in Jacksonville
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
355 | 1,609 | 5,197 | 6,007 | 1,023 |
Occupied Rental Units by Size in Jacksonville
A large number of apartments in Jacksonville 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 Jacksonville
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $904 to $2,162. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $904 |
One BR | $1,030 |
Two BR | $1,274 |
Three BR | $1,795 |
Four BR | $2,162 |
2024 Fair Market Rents in Jacksonville, North Carolina
How many units are rented at Fair Market Rent (FMR) in Jacksonville?
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 | 261 | 74 percent |
One BR | 794 | 49 percent |
Two BR | 3,629 | 70 percent |
Rental Units Below FMR in Jacksonville, North Carolina
How many affordable rental units are in Jacksonville?
There are a variety of federal affordable housing programs serving households in Jacksonville, North Carolina including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | |
Public Housing | |
Section 8 Project-Based Rental Assistance | |
Section 811 Supportive Housing for Persons with Disabilities |
Tracked Units by Federal Program in Jacksonville, North Carolina
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Jacksonville, North Carolina
Jacksonville features 451 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 Jacksonville, North Carolina
There are 1,134 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Jacksonville.
Housing Choice Vouchers in Jacksonville, North Carolina
On average, Section 8 Housing Choice vouchers pay Jacksonville landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Jacksonville.
The maximum amount a voucher would pay on behalf of a low-income tenant in Jacksonville, North Carolina for a two-bedroom apartment is between $1,147 and $1,401.
Sourced from federal housing data and AffordableHousingOnline.com research.