How many renters live in Bucksport, South Carolina?
The City of Bucksport has people living in households.
There are renters living in renter households in this City. Renters make up 24.73 percent of the population living in Bucksport.
What is the rental market like in Bucksport, South Carolina?
There are an estimated housing units in the Bucksport area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Bucksport, South Carolina, there are 1 rental units.
What is the vacancy rate for rentals in Bucksport?
The rental vacancy rate in Bucksport 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 Bucksport for each bedroom size?
Occupied Rental Units by Size in Bucksport
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 4 | 0 | 7 | 35 |
Occupied Rental Units by Size in Bucksport
A large number of apartments in Bucksport 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 Bucksport
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,121 to $2,005. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $1,121 |
One BR | $1,187 |
Two BR | $1,361 |
Three BR | $1,724 |
Four BR | $2,005 |
2024 Fair Market Rents in Bucksport, South Carolina
How many units are rented at Fair Market Rent (FMR) in Bucksport?
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 | 4 | 100 percent |
Rental Units Below FMR in Bucksport, South Carolina
How many affordable rental units are in Bucksport?
Income Based Apartments in Bucksport, South Carolina
Bucksport 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 Bucksport, South Carolina
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bucksport.
Housing Choice Vouchers in Bucksport, South Carolina
On average, Section 8 Housing Choice vouchers pay Bucksport landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Bucksport.
The maximum amount a voucher would pay on behalf of a low-income tenant in Bucksport, South Carolina for a two-bedroom apartment is between $1,225 and $1,497.
Sourced from federal housing data and AffordableHousingOnline.com research.