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

Discover affordable housing in Davie where there are 7+ 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.

Stirling Apartments

7350 Stirling Rd, Davie, Florida 33024

Stirling Road Apartments

4100 NW 77 Ave, Davie, Florida 33024

Circle L Apartments

6601 SW 41st St, Davie, Florida 33314

Summerlake

5941 Summerlake Dr, Davie, Florida 33314

Federation Gardens of Davie

5701 SW 82nd Ave, Davie, Florida 33328

Griffin Gardens

4881 Griffin Rd, Davie, Florida 33314

Emerald Palms

4401 SW 53rd Ave, Davie, Florida 33314

calendar_today Opened: Mar 25
calendar_today Closes: Mar 29,

Reported On March 25th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Davie, Florida
$39.81/hour
$27.81 (+232%) more than Florida minimum wage and $32.56 (+449%) more than the Federal minimum wage.
Learn More About Davie, Florida Affordable Housing ↓

What HUD offices serve Davie, 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 Davie, Florida.
Operates the Section 8 Housing Choice Voucher (HCV), Section 8 Project-Based Rental Assistance (PBRA), Rental Assistance Demonstration (RAD) programs for Davie, Florida.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Davie, Florida.

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

How many renters live in Davie, Florida?

The City of Davie has 106,488 people living in 38,210 households.

There are 32,913 renters living in 12,829 renter households in this City. Renters make up 30.91 percent of the population living in Davie.

What is the rental market like in Davie, Florida?

There are an estimated 41,189 housing units in the Davie area. Of these, 14,049 units are rental homes, making up 34 percent of the housing market. For every renter household in Davie, Florida, there are 1 rental units.

What is the vacancy rate for rentals in Davie?

The rental vacancy rate in Davie is 5 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 Davie for each bedroom size?

Occupied Rental Units by Size in Davie
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
432 3,081 6,391 2,870 322
Occupied Rental Units by Size in Davie

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

Among renter households in this market, 67 percent have housing cost burden. Further, 38 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 Davie

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,573 to $3,567. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,573
One BR $1,692
Two BR $2,102
Three BR $2,916
Four BR $3,567
2024 Fair Market Rents in Davie, Florida

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

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 211 49 percent
One BR 1,099 36 percent
Two BR 1,864 29 percent
Rental Units Below FMR in Davie, Florida

How many affordable rental units are in Davie?

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

Federal Program Unit Count
Low Income Housing Tax Credit 848
Section 8 Project-Based Rental Assistance 210
Mod Rehab Project-Based Rental Assistance 233
Section 202 Supportive Housing for the Elderly 2
Tracked Units by Federal Program in Davie, Florida

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

Income Based Apartments in Davie, Florida

Davie features 210 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 Davie, Florida

There are 677 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Davie.

Housing Choice Vouchers in Davie, Florida

On average, Section 8 Housing Choice vouchers pay Davie landlords $1,100 per month towards rent. The average voucher holder contributes $500 towards rent in Davie.

The maximum amount a voucher would pay on behalf of a low-income tenant in Davie, Florida for a two-bedroom apartment is between $1,892 and $2,312.

Sourced from federal housing data and AffordableHousingOnline.com research.