How many renters live in Prosser, Washington?
The City of Prosser has people living in households.
There are renters living in renter households in this City. Renters make up 44.59 percent of the population living in Prosser.
What is the rental market like in Prosser, Washington?
There are an estimated housing units in the Prosser area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Prosser, Washington, there are 1.07 rental units.
What is the vacancy rate for rentals in Prosser?
The rental vacancy rate in Prosser 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 Prosser for each bedroom size?
Occupied Rental Units by Size in Prosser
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 102 | 103 | 576 | 124 | 103 |
Occupied Rental Units by Size in Prosser
A large number of apartments in Prosser 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 Prosser
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,052 to $2,361. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,052 |
| One BR | $1,206 |
| Two BR | $1,485 |
| Three BR | $1,960 |
| Four BR | $2,361 |
2024 Fair Market Rents in Prosser, Washington
How many units are rented at Fair Market Rent (FMR) in Prosser?
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 | 58 | 57 percent |
| One BR | 103 | 100 percent |
| Two BR | 451 | 78 percent |
Rental Units Below FMR in Prosser, Washington
How many affordable rental units are in Prosser?
There are a variety of federal affordable housing programs serving households in Prosser, Washington including the following:
| Federal Program | Unit Count |
| Section 8 Project-Based Rental Assistance | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Prosser, Washington
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Prosser, Washington
Prosser features 141 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 Prosser, Washington
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Prosser.
Housing Choice Vouchers in Prosser, Washington
On average, Section 8 Housing Choice vouchers pay Prosser landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Prosser.
The maximum amount a voucher would pay on behalf of a low-income tenant in Prosser, Washington for a two-bedroom apartment is between $1,337 and $1,634.
Sourced from federal housing data and AffordableHousingOnline.com research.