What HUD offices serve Bountiful, Utah?
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 Utah Public Housing and Low-Income Apartments Waiting Lists page for openings near Bountiful.
How many renters live in Bountiful, Utah?
The City of Bountiful has 45,353 people living in 14,505 households.
There are 10,881 renters living in 3,915 renter households in this City. Renters make up 23.99 percent of the population living in Bountiful.
What is the rental market like in Bountiful, Utah?
There are an estimated 15,514 housing units in the Bountiful area. Of these, 4,248 units are rental homes, making up 27 percent of the housing market. For every renter household in Bountiful, Utah, there are 1 rental units.
What is the vacancy rate for rentals in Bountiful?
The rental vacancy rate in Bountiful 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 Bountiful for each bedroom size?
Occupied Rental Units by Size in Bountiful
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 195 | 348 | 1,916 | 709 | 557 |
Occupied Rental Units by Size in Bountiful
A large number of apartments in Bountiful 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 Bountiful are overburdened by housing costs?
Among renter households in this market, 47 percent have housing cost burden. Further, 22 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 Bountiful
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,016 to $2,229. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,016 |
| One BR | $1,108 |
| Two BR | $1,350 |
| Three BR | $1,831 |
| Four BR | $2,229 |
2024 Fair Market Rents in Bountiful, Utah
How many units are rented at Fair Market Rent (FMR) in Bountiful?
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 | 55 | 28 percent |
| One BR | 193 | 55 percent |
| Two BR | 1,102 | 58 percent |
Rental Units Below FMR in Bountiful, Utah
How many affordable rental units are in Bountiful?
There are a variety of federal affordable housing programs serving households in Bountiful, Utah including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 23 |
| Public Housing | 133 |
| Section 8 Project-Based Rental Assistance | 24 |
Tracked Units by Federal Program in Bountiful, Utah
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Bountiful, Utah
Bountiful features 176 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 Bountiful, Utah
There are 48 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bountiful.
Housing Choice Vouchers in Bountiful, Utah
On average, Section 8 Housing Choice vouchers pay Bountiful landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Bountiful.
The maximum amount a voucher would pay on behalf of a low-income tenant in Bountiful, Utah for a two-bedroom apartment is between $1,215 and $1,485.
Sourced from federal housing data and AffordableHousingOnline.com research.
