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

Discover affordable housing in Indiantown 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.

Smokerise Apartments

15454 SW 151st St, Indiantown, Florida 34956

Joseph Lee Gardens

14757 SW Andalucia Ct, Indiantown, Florida 34956

New Hope Community I

14555-174th Court, Indiantown, Florida

New Hope 95hr011

17563 SW Lincoln St, Indiantown, Florida 34956

Third Housing 302 Dba Smokerise, Ltd

14815 SW Indianmound, Indiantown, Florida 33468

Jupiter Assoc 201b Dba Smokerise, Ltd

14999 SW Indian Ave, Indiantown, Florida 0

Jupiter Assoc 201a Dba Smokerise, Ltd

15443 SW Osceola St, Indiantown, Florida 34956

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Indiantown, 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 Indiantown, Florida Affordable Housing ↓

How many renters live in Indiantown, Florida?

The City of Indiantown has 6,624 people living in 1,940 households.

There are 1,690 renters living in 416 renter households in this City. Renters make up 25.51 percent of the population living in Indiantown.

What is the rental market like in Indiantown, Florida?

There are an estimated 2,214 housing units in the Indiantown area. Of these, 416 units are rental homes, making up 19 percent of the housing market. For every renter household in Indiantown, Florida, there are 1 rental units.

What is the vacancy rate for rentals in Indiantown?

The rental vacancy rate in Indiantown 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 Indiantown for each bedroom size?

Occupied Rental Units by Size in Indiantown
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 216 16 184
Occupied Rental Units by Size in Indiantown

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

Among renter households in this market, 58 percent have housing cost burden. Further, 46 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 Indiantown

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,278 to $2,433. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,278
One BR $1,286
Two BR $1,573
Three BR $2,175
Four BR $2,433
2024 Fair Market Rents in Indiantown, Florida

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

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
Two BR 185 86 percent
Rental Units Below FMR in Indiantown, Florida

How many affordable rental units are in Indiantown?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 47
Tracked Units by Federal Program in Indiantown, Florida

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

Income Based Apartments in Indiantown, Florida

Indiantown features 197 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 Indiantown, Florida

There are 27 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Indiantown.

Housing Choice Vouchers in Indiantown, Florida

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.