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

Discover affordable housing in Chattahoochee 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.

River Junction Apartments

PO Box 66, Chattahoochee, Florida 32324

Flint Garden Apartments

424 Line St, Chattahoochee, Florida 32324

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Chattahoochee, Florida
$25.36/hour
$13.36 (+111%) more than Florida minimum wage and $18.11 (+250%) more than the Federal minimum wage.
Learn More About Chattahoochee, Florida Affordable Housing ↓

How many renters live in Chattahoochee, Florida?

The City of Chattahoochee has 2,975 people living in 729 households.

There are 721 renters living in 295 renter households in this City. Renters make up 24.24 percent of the population living in Chattahoochee.

What is the rental market like in Chattahoochee, Florida?

There are an estimated 1,061 housing units in the Chattahoochee area. Of these, 295 units are rental homes, making up 28 percent of the housing market. For every renter household in Chattahoochee, Florida, there are 1 rental units.

What is the vacancy rate for rentals in Chattahoochee?

The rental vacancy rate in Chattahoochee is 0 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 Chattahoochee for each bedroom size?

Occupied Rental Units by Size in Chattahoochee
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 23 138 114 20
Occupied Rental Units by Size in Chattahoochee

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

Among renter households in this market, 11 percent have housing cost burden. Further, 4 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 Chattahoochee

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,062 to $1,903. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,062
One BR $1,183
Two BR $1,339
Three BR $1,708
Four BR $1,903
2024 Fair Market Rents in Chattahoochee, Florida

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

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 23 100 percent
Two BR 79 57 percent
Rental Units Below FMR in Chattahoochee, Florida

How many affordable rental units are in Chattahoochee?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 87
USDA Section 515 Rural Rental Housing 36
Tracked Units by Federal Program in Chattahoochee, Florida

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

Income Based Apartments in Chattahoochee, Florida

Chattahoochee 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 Chattahoochee, Florida

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

Housing Choice Vouchers in Chattahoochee, Florida

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Chattahoochee, Florida for a two-bedroom apartment is between $1,205 and $1,473.

Sourced from federal housing data and AffordableHousingOnline.com research.