Low Income Apartments and Affordable Housing For Rent in Port St Lucie, FL

Discover affordable housing in Port St Lucie where there are 3+ 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.

Belmount at St. Lucie West

Building 15 Unit 201, 128 SW Peacock Blvd, Port St Lucie, Florida 34986

Cove at Saint Lucie

4400 NW Cove Cir, Port St Lucie, Florida 34983

Peacock Run

5502 NW East Torino Pkwy, Port St Lucie, Florida 34986

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

What HUD offices serve Port St Lucie, 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 Port St Lucie, Florida.

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

How many renters live in Port St Lucie, Florida?

The City of Port St Lucie has 231,804 people living in 82,788 households.

There are 35,630 renters living in 12,783 renter households in this City. Renters make up 15.37 percent of the population living in Port St Lucie.

What is the rental market like in Port St Lucie, Florida?

There are an estimated 82,293 housing units in the Port St Lucie area. Of these, 14,311 units are rental homes, making up 17 percent of the housing market. For every renter household in Port St Lucie, Florida, there are 1 rental units.

What is the vacancy rate for rentals in Port St Lucie?

The rental vacancy rate in Port St Lucie 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 Port St Lucie for each bedroom size?

Occupied Rental Units by Size in Port St Lucie
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
306 608 3,163 6,934 1,900
Occupied Rental Units by Size in Port St Lucie

A large number of apartments in Port St Lucie 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 Port St Lucie are overburdened by housing costs?

Among renter households in this market, 61 percent have housing cost burden. Further, 41 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 Port St Lucie

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 Port St Lucie, Florida

How many units are rented at Fair Market Rent (FMR) in Port St Lucie?

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 131 43 percent
One BR 298 49 percent
Two BR 1,640 52 percent
Rental Units Below FMR in Port St Lucie, Florida

How many affordable rental units are in Port St Lucie?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,274
Section 8 Project-Based Rental Assistance 1
Section 202 Supportive Housing for the Elderly 49
Tracked Units by Federal Program in Port St Lucie, Florida

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

Income Based Apartments in Port St Lucie, Florida

Port St Lucie features 0 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 Port St Lucie, Florida

There are 408 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Port St Lucie.

Housing Choice Vouchers in Port St Lucie, Florida

On average, Section 8 Housing Choice vouchers pay Port St Lucie landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Port St Lucie.

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

Sourced from federal housing data and AffordableHousingOnline.com research.