• Half of all floating homes are located in rented slips (where the floating home owner leases the slip from a moorage landlord).  The other half are in owned slips (where the floating home owner is part of an HOA which owns the slip and a share in the moorage).
  • Regardless of whether the floating home slip is rented or owned, once you purchase your floating home, you will be responsible for additional monthly payments of about $190 –$1,000+ to the landlord or to the HOA.  This payment is separate and in addition to your monthly floating home loan payment, but does cover water, sewage, trash, and parking.
  • Monthly slip rent typically runs from $600 to $800, but sometimes is as much as $1,100+, depending on the moorage or the home’s location within the moorage
  • Monthly HOA fees are typically around $350, but the lowest one currently is $195, and there are some that are over $500.