What HUD offices serve Clearwater, South Carolina?
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 South Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Clearwater.
How many renters live in Clearwater, South Carolina?
The City of Clearwater has 3,403 people living in 1,395 households.
There are 1,214 renters living in 589 renter households in this City. Renters make up 35.67 percent of the population living in Clearwater.
What is the rental market like in Clearwater, South Carolina?
There are an estimated 1,648 housing units in the Clearwater area. Of these, 626 units are rental homes, making up 38 percent of the housing market. For every renter household in Clearwater, South Carolina, there are 1 rental units.
What is the vacancy rate for rentals in Clearwater?
The rental vacancy rate in Clearwater is 6 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 Clearwater for each bedroom size?
Occupied Rental Units by Size in Clearwater
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 44 | 262 | 283 | 0 |
Occupied Rental Units by Size in Clearwater
A large number of apartments in Clearwater 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 Clearwater are overburdened by housing costs?
Among renter households in this market, 63 percent have housing cost burden. Further, 26 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 Clearwater
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $805 to $1,779. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $805 |
| One BR | $961 |
| Two BR | $1,100 |
| Three BR | $1,463 |
| Four BR | $1,779 |
2024 Fair Market Rents in Clearwater, South Carolina
How many units are rented at Fair Market Rent (FMR) in Clearwater?
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 | 29 | 66 percent |
| Two BR | 192 | 73 percent |
Rental Units Below FMR in Clearwater, South Carolina
How many affordable rental units are in Clearwater?
There are a variety of federal affordable housing programs serving households in Clearwater, South Carolina including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 40 |
Tracked Units by Federal Program in Clearwater, South Carolina
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Clearwater, South Carolina
Clearwater features 104 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 Clearwater, South Carolina
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Clearwater.
Housing Choice Vouchers in Clearwater, South Carolina
On average, Section 8 Housing Choice vouchers pay Clearwater landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Clearwater.
The maximum amount a voucher would pay on behalf of a low-income tenant in Clearwater, South Carolina for a two-bedroom apartment is between $990 and $1,210.
Sourced from federal housing data and AffordableHousingOnline.com research.
