Low Income Apartments and Affordable Housing For Rent in Bushnell, FL

Discover affordable housing in Bushnell where there are 2+ 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.

Bushnell Garden Apartments

200 Jumper Drive S., Bushnell, Florida 33513

Misty Woods Apartments

205 Jumper Drive N, Bushnell, Florida 33513

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bushnell, Florida
$23.67/hour
$11.67 (+97%) more than Florida minimum wage and $16.42 (+227%) more than the Federal minimum wage.
Learn More About Bushnell, Florida Affordable Housing ↓

How many renters live in Bushnell, Florida?

The City of Bushnell has 3,081 people living in 1,182 households.

There are 1,048 renters living in 354 renter households in this City. Renters make up 34.01 percent of the population living in Bushnell.

What is the rental market like in Bushnell, Florida?

There are an estimated 1,591 housing units in the Bushnell area. Of these, 415 units are rental homes, making up 26 percent of the housing market. For every renter household in Bushnell, Florida, there are 1 rental units.

What is the vacancy rate for rentals in Bushnell?

The rental vacancy rate in Bushnell is 8 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 Bushnell for each bedroom size?

Occupied Rental Units by Size in Bushnell
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 59 133 149 13
Occupied Rental Units by Size in Bushnell

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

Among renter households in this market, 45 percent have housing cost burden. Further, 36 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 Bushnell

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $945 to $1,665. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $945
One BR $951
Two BR $1,250
Three BR $1,572
Four BR $1,665
2024 Fair Market Rents in Bushnell, Florida

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

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 57 97 percent
Two BR 93 70 percent
Rental Units Below FMR in Bushnell, Florida

How many affordable rental units are in Bushnell?

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

Federal Program Unit Count
Low Income Housing Tax Credit 42
USDA Section 515 Rural Rental Housing 72
Tracked Units by Federal Program in Bushnell, Florida

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

Income Based Apartments in Bushnell, Florida

Bushnell features 42 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 Bushnell, Florida

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

Housing Choice Vouchers in Bushnell, Florida

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Bushnell, Florida for a two-bedroom apartment is between $1,125 and $1,375.

Sourced from federal housing data and AffordableHousingOnline.com research.