Low Income Apartments and Affordable Housing For Rent in Fort Pierce, FL

Discover affordable housing in Fort Pierce where there are 13+ 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.

Bethany Court Apartments

501 Bethany Ct, Fort Pierce, Florida 34950

Live Oak Villas I & II

919 S 25th St, Fort Pierce, Florida 34947

Sabal Chase

100 Penwood Dr, Fort Pierce, Florida 34947

Pine Creek Village Apartments

1112 N 29th Street, Fort Pierce, Florida 34947

Orangewood Village Apartments

705 South 29th Street, Fort Pierce, Florida 34947

Park Terrace

601 Avenue B, Fort Pierce, Florida 34950

Garden Terrace

2902 Avenue E, Fort Pierce, Florida 34947

Madison Cay

1655 N 29th St, Fort Pierce, Florida 34947

Madison Vines

955 Tumblin Kling Rd, Fort Pierce, Florida 34982

Sands at St Lucie

2750 S US Highway 1, Fort Pierce, Florida 34982

Scattered Sites (Avenue H)

501 S 31st St, Fort Pierce, Florida 34950

Grand Savannah Club Apartments

101 Grand Club Pl, Fort Pierce, Florida 34982

Cove at St Lucie

4651 Selvitz Rd, Fort Pierce, Florida 34981

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Fort Pierce, Florida
$29.79/hour
$17.79 (+148%) more than Florida minimum wage and $22.54 (+311%) more than the Federal minimum wage.
Learn More About Fort Pierce, Florida Affordable Housing ↓

What HUD offices serve Fort Pierce, 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) programs for Fort Pierce, Florida.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Fort Pierce, Florida.

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

How many renters live in Fort Pierce, Florida?

The City of Fort Pierce has 47,153 people living in 17,971 households.

There are 25,914 renters living in 9,467 renter households in this City. Renters make up 54.96 percent of the population living in Fort Pierce.

What is the rental market like in Fort Pierce, Florida?

There are an estimated 22,262 housing units in the Fort Pierce area. Of these, 10,560 units are rental homes, making up 47 percent of the housing market. For every renter household in Fort Pierce, Florida, there are 1 rental units.

What is the vacancy rate for rentals in Fort Pierce?

The rental vacancy rate in Fort Pierce is 9 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 Fort Pierce for each bedroom size?

Occupied Rental Units by Size in Fort Pierce
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
772 1,913 3,817 2,106 731
Occupied Rental Units by Size in Fort Pierce

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

Among renter households in this market, 51 percent have housing cost burden. Further, 27 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 Fort Pierce

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $802 to $1,801. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $802
One BR $807
Two BR $1,061
Three BR $1,400
Four BR $1,801
2024 Fair Market Rents in Fort Pierce, Florida

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

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 695 90 percent
One BR 1,390 73 percent
Two BR 3,354 88 percent
Rental Units Below FMR in Fort Pierce, Florida

How many affordable rental units are in Fort Pierce?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,143
Public Housing 806
Section 8 Project-Based Rental Assistance 227
Section 202 Supportive Housing for the Elderly 1
Tracked Units by Federal Program in Fort Pierce, Florida

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

Income Based Apartments in Fort Pierce, Florida

Fort Pierce features 1,052 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 Fort Pierce, Florida

There are 1,452 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fort Pierce.

Housing Choice Vouchers in Fort Pierce, Florida

On average, Section 8 Housing Choice vouchers pay Fort Pierce landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Fort Pierce.

The maximum amount a voucher would pay on behalf of a low-income tenant in Fort Pierce, Florida for a two-bedroom apartment is between $1,416 and $1,730.

Sourced from federal housing data and AffordableHousingOnline.com research.