; Low Income Apartments For Rent in Apalachicola, FL

Apply to Apalachicola Apartment Waiting Lists

Southern Villas of Apalachicola

401 24th Ave
Apalachicola, Florida
Rent Assisted

Heritage Villas of Apalachicola Ltd

398 24th Ave
Apalachicola, Florida
Rent Assisted

Cool Springs

155 16th St
Apalachicola, Florida
Public Housing
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There are 0 low-income apartments in Apalachicola that offer reduced rents to eligible households.

Rental assistance programs support 113 low-income homes in Apalachicola where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving 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.

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

Apalachicola, Florida Affordable Housing Data

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 $747 and $913.

2023 Apalachicola, Florida Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Apalachicola, Florida Fair Market Rent $719 $735 $830 $1,180 $1,414
Apalachicola, Florida Payment Standard Range $647 to $791 $662 to $809 $747 to $913 $1,062 to $1,298 $1,273 to $1,555

Sourced from federal housing data and AffordableHousingOnline.com research.

Apalachicola, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 113
Total Housing Units with Rental Assistance 113
Percentage of Housing Units Occupied By Renters 30.21%
Average Renter Household Size 2.06
Average Household Size 2.19
Median Household Income $40,323 ±$10,022
Median Rent $769 ±$277
Percentage Of Renters Overburdened 46.13% ± 17pp
Total Population 2,077

Population and Household Demographics

Apalachicola is a city in Franklin County, Florida with a population of 2,077. There are 940 households in the city with an average household size of 2.19 persons. 30.21% of households in Apalachicola are renters.

Income and Rent Overburden in Apalachicola

The median gross income for households in Apalachicola is $40,323 a year, or $3,360 a month. The median rent for the city is $769 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Apalachicola, a household making less than $2,563 a month would be considered overburdened when renting an apartment at or above the median rent. 46.13% of households who rent are overburdened in Apalachicola.

Area Median Income In Apalachicola

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Apalachicola, the AMI is calculated from all households within Franklin County.

In Apalachicola, HUD calculates the Area Median Income for a family of four as $67,200

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Apalachicola

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Apalachicola

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Apalachicola AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $30,000 $35,140 $37,950 $40,550 $43,200
50% AMI Income Limits
Renters earning up to 50% of the Apalachicola AMI may qualify for rental assistance programs that target Very Low Income households.
$22,900 $26,200 $29,450 $32,700 $35,350 $37,950 $40,550 $43,200
80% AMI Income Limits
Renters earning up to 80% of the Apalachicola AMI may qualify for rental assistance programs that target Low Income households.
$36,650 $41,850 $47,100 $52,300 $56,500 $60,700 $64,900 $69,050