Affordable Housing In Avon Park
Highlands County, Florida

9 Low Income Apartment Communities In Avon Park

North Central Heights

SW Corner of W Palmetto St
Avon Park, FL
Call For Rent
2-4 BR

Ridgedale Apartments

723 S Fairview Ter
Avon Park, FL
Subsidized

Highland Palms Apartments

1016 Canberra Circle
Avon Park, FL
HCV Welcome

Whispering Pines Apartments

709 Hobby Ave
Avon Park, FL
Subsidized

Palms at Lake Tulane

1033 Hal McRae Loop
Avon Park, FL
HCV Welcome

Castle Hill of Avon Park

1025 S Castle Hill Dr
Avon Park, FL
HCV Welcome

North Central Heights Phase II

Central Ave
Avon Park, FL

Whispering Pines

707 Hobby Ave
Avon Park, FL

Delaney Lakeside

516 W Circle St
Avon Park, FL
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Housing Authorities that serve Avon Park

Housing Authority Programs
Housing Authority of Avon Park Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Avon Park, Florida

According to federal housing data and AffordableHousingOnline.com research, there are 9 low income housing apartment communities offering 458 affordable apartments for rent in Avon Park, Florida. Avon Park features 191 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 267 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Avon Park.

Avon Park, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 9
Total Low Income Apartments 458
Total Housing Units with Rental Assistance 191
Percentage of Housing Units Occupied By Renters 40.31%
Average Renter Household Size 2.91
Average Household Size 2.88
Median Household Income $28,496 ±$2,326
Median Rent $671 ±$26
Percentage Of Renters Overburdened 54.94% ± 13.24pp
Total Population 9,974

Population and Household Demographics

Avon Park is a City in Highlands County, Florida with a population of 9,974. There are 3,337 households in the city with an average household size of 2.88 persons. 40.31% of households in Avon Park are renters.

Income and Rent Overburden in Avon Park

The median gross income for households in Avon Park is $28,496 a year, or $2,375 a month. The median rent for the city is $671 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Avon Park, a household making less than $2,237 a month would be considered overburdened when renting an apartment at or above the median rent. 54.94% of households who rent are overburdened in Avon Park.1

Area Median Income In Avon Park

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 Avon Park, the AMI is calculated from all households within Highlands County.

In Avon Park, HUD calculates the Area Median Income for a family of four as $46,300

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 Avon Park

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 Avon Park HUD Rental Assistance in Avon Park

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $27,950 $30,000 $32,100 $34,150
50% of Median $18,100 $20,700 $23,300 $25,850 $27,950 $30,000 $32,100 $34,150
80% of Median $28,950 $33,100 $37,250 $41,350 $44,700 $48,000 $51,300 $54,600
Low Income Housing Tax Credits in Avon Park

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1994 to 2010, 3 low income apartment communities containing 168 rental apartments have been constructed and made affordable to low income persons in Avon Park by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Avon Park

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $18,100 $20,700 $23,300 $25,850 $27,950 $30,000 $32,100 $34,150
60% of Median $21,720 $24,840 $27,960 $31,020 $33,540 $36,000 $38,520 $40,980

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Avon Park is $27,960 a year, or $2,330 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,330 by 30% to get a maximum rent of $699 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $453 $485 $583 $673 $750 $828
60% $543 $582 $699 $807 $900 $994
Fair Market Rents in Avon Park

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$552 $643 $847 $1,074 $1,222