Low Income Apartments and Affordable Housing For Rent in Crescent City, FL

Discover affordable housing in Crescent City where there are 4+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Lakeview Grove

731 Gunby Ct, Crescent City, Florida 32112

Smith Thomas Court Apartments

849 Bay Lane, Crescent City, Florida 32112

Oakwood Grove Apartments

627 Gunby Ct, Crescent City, Florida 32112

Smith Thomas Inc.

849 Bay Lane, Crescent City, Florida

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Crescent City, Florida
$17.25/hour
$5.25 (+44%) more than Florida minimum wage and $10.00 (+138%) more than the Federal minimum wage.
Learn More About Crescent City, Florida Affordable Housing ↓

What HUD offices serve Crescent City, Florida?

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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Crescent City, Florida.

Go to the Florida Public Housing and Low-Income Apartments Waiting Lists page for openings near Crescent City.

How many renters live in Crescent City, Florida?

The City of Crescent City has 2,040 people living in 712 households.

There are 820 renters living in 280 renter households in this City. Renters make up 40.2 percent of the population living in Crescent City.

What is the rental market like in Crescent City, Florida?

There are an estimated 890 housing units in the Crescent City area. Of these, 320 units are rental homes, making up 36 percent of the housing market. For every renter household in Crescent City, Florida, there are 1 rental units.

What is the vacancy rate for rentals in Crescent City?

The rental vacancy rate in Crescent City is 13 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 Crescent City for each bedroom size?

Occupied Rental Units by Size in Crescent City
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 98 117 54 11
Occupied Rental Units by Size in Crescent City

A large number of apartments in Crescent City 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 Crescent City are overburdened by housing costs?

Among renter households in this market, 48 percent have housing cost burden. Further, 20 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 Crescent City

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $689 to $1,213. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $689
One BR $693
Two BR $911
Three BR $1,172
Four BR $1,213
2024 Fair Market Rents in Crescent City, Florida

How many units are rented at Fair Market Rent (FMR) in Crescent City?

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 88 90 percent
Two BR 81 69 percent
Rental Units Below FMR in Crescent City, Florida

How many affordable rental units are in Crescent City?

There are a variety of federal affordable housing programs serving households in Crescent City, Florida including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 36
USDA Section 515 Rural Rental Housing 102
Tracked Units by Federal Program in Crescent City, Florida

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Crescent City, Florida

Crescent City features 124 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 Crescent City, Florida

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Crescent City.

Housing Choice Vouchers in Crescent City, Florida

On average, Section 8 Housing Choice vouchers pay Crescent City landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Crescent City.

The maximum amount a voucher would pay on behalf of a low-income tenant in Crescent City, Florida for a two-bedroom apartment is between $820 and $1,002.

Sourced from federal housing data and AffordableHousingOnline.com research.