Low Income Apartments and Affordable Housing For Rent in Lake County, FL

Discover affordable housing in Lake County where there are 61+ 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.

Colony West Apartments

750 West Main Street, Tavares, Florida 32778

Colonial Pines Apartments

895 Mansfield Rd, Tavares, Florida 32778

Lakewood Villas

2345 South Street, Leesburg, Florida 34748

Woodcliff Apartments

1000 Disston Ave, Clermont, Florida 34711

Lakebreeze Apartments

1575 David Walker Drive, Tavares, Florida 32778

Pearl Lane Apartments

725 N Umatilla Blvd, Umatilla, Florida 32784

Oak Grove Apartments

211 Church Street, Leesburg, Florida 34748

Rosemont Manor Apartments

1801 N. C. R. 19A Ste # J-1, Eustis, Florida 32726

Devonshire Apartments

1799 N. C.R. 19A , Eustis, Florida 32726

Sunny Hill Apartments

760 Pitt Street, Clermont, Florida 34711

Woodwinds Apartments

151 South Grand Highway, Clermont, Florida 34711

Villas of Mt. Dora

3001 Javens Circle , Mount Dora, Florida 32757

Eustis Villas

3726 Kurt Street , Eustis, Florida 32726

Lakeview Villas

200 12th Street , Clermont, Florida 34711

Eustis Sands

52 Sand Cir, Eustis, Florida 32726

Foxwood Apartments

2510 East Washington Ave, Eustis, Florida 32726

Laurel Oaks II

2700 Laurel Hollow Dr, Leesburg, Florida 34748

Club at Eustis Village

2750 David Walker Dr, Eustis, Florida 32726

Lakeside Pointe

1403 Old Harbor Blvd, Leesburg, Florida 34748

Cove at Lady Lake

735 S US Highway 441, Lady Lake, Florida 32159

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lake County, Florida
$35.17/hour
$23.17 (+193%) more than Florida minimum wage and $27.92 (+385%) more than the Federal minimum wage.
Learn More About Lake County, Florida Affordable Housing ↓

What HUD offices serve Lake County, 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 Lake County, Florida.

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

How many renters live in Lake County, Florida?

The County of Lake County has 410,139 people living in 167,485 households.

There are 96,020 renters living in 41,025 renter households in this County. Renters make up 23.41 percent of the population living in Lake County.

What is the rental market like in Lake County, Florida?

There are an estimated 186,806 housing units in the Lake County area. Of these, 45,117 units are rental homes, making up 24 percent of the housing market. For every renter household in Lake County, Florida, there are 1 rental units.

What is the vacancy rate for rentals in Lake County?

The rental vacancy rate in Lake County 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 Lake County for each bedroom size?

Occupied Rental Units by Size in Lake County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,671 7,372 16,683 12,245 2,460
Occupied Rental Units by Size in Lake County

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

Among renter households in this market, 48 percent have housing cost burden. Further, 24 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 Lake County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,558 to $2,849. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,558
One BR $1,638
Two BR $1,857
Three BR $2,362
Four BR $2,849
2024 Fair Market Rents in Lake County, Florida

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

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 1,341 80 percent
One BR 5,618 76 percent
Two BR 8,267 50 percent
Rental Units Below FMR in Lake County, Florida

How many affordable rental units are in Lake County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 3,678
Public Housing 60
Section 8 Project-Based Rental Assistance 387
Section 202 Supportive Housing for the Elderly 1
USDA Section 515 Rural Rental Housing 1,238
USDA Section 514 Farm Labor Housing 136
Tracked Units by Federal Program in Lake County, Florida

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

Income Based Apartments in Lake County, Florida

Lake County features 1,755 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 Lake County, Florida

There are 2,879 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lake County.

Housing Choice Vouchers in Lake County, Florida

On average, Section 8 Housing Choice vouchers pay Lake County landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Lake County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lake County, Florida for a two-bedroom apartment is between $1,671 and $2,043.

Sourced from federal housing data and AffordableHousingOnline.com research.