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

Discover affordable housing in Apalachicola 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.

Southern Villas of Apalachicola

401 24th Ave, Apalachicola, Florida 32320

Heritage Villas of Apalachicola Ltd

398 24th Ave, Apalachicola, Florida 32320

Cool Springs

155 16th St, Apalachicola, Florida 32320

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Apalachicola, Florida
$17.31/hour
$5.31 (+44%) more than Florida minimum wage and $10.06 (+139%) more than the Federal minimum wage.
Learn More About Apalachicola, Florida Affordable Housing ↓

What HUD offices serve Apalachicola, 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 Public Housing programs for Apalachicola, Florida.

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

How many renters live in Apalachicola, Florida?

The City of Apalachicola has 2,504 people living in 1,149 households.

There are 904 renters living in 390 renter households in this City. Renters make up 36.1 percent of the population living in Apalachicola.

What is the rental market like in Apalachicola, Florida?

There are an estimated 1,470 housing units in the Apalachicola area. Of these, 431 units are rental homes, making up 29 percent of the housing market. For every renter household in Apalachicola, Florida, there are 1 rental units.

What is the vacancy rate for rentals in Apalachicola?

The rental vacancy rate in Apalachicola is 10 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 Apalachicola for each bedroom size?

Occupied Rental Units by Size in Apalachicola
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 70 99 176 45
Occupied Rental Units by Size in Apalachicola

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

Among renter households in this market, 48 percent have housing cost burden. Further, 17 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 Apalachicola

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $792 to $1,277. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $792
One BR $814
Two BR $914
Three BR $1,273
Four BR $1,277
2024 Fair Market Rents in Apalachicola, Florida

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

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
One BR 18 26 percent
Two BR 36 36 percent
Rental Units Below FMR in Apalachicola, Florida

How many affordable rental units are in Apalachicola?

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

Federal Program Unit Count
Low Income Housing Tax Credit 23
Public Housing 54
USDA Section 515 Rural Rental Housing 59
Tracked Units by Federal Program in Apalachicola, Florida

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

Income Based Apartments in Apalachicola, Florida

Apalachicola features 113 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 Apalachicola, Florida

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Apalachicola.

Housing Choice Vouchers in Apalachicola, Florida

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Apalachicola, Florida for a two-bedroom apartment is between $823 and $1,005.

Sourced from federal housing data and AffordableHousingOnline.com research.