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

Discover affordable housing in Belleview 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.

Oakbrook Villas

11703-3 SE 57th Avenue, Belleview, Florida 34420

Meadowfield Apartments

5155 SE 115 Street, Belleview, Florida 34420

Woodside Apartments

6745 SE 107th St, Belleview, Florida 34420

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Belleview, Florida
$23.98/hour
$11.98 (+100%) more than Florida minimum wage and $16.73 (+231%) more than the Federal minimum wage.
Learn More About Belleview, Florida Affordable Housing ↓

What HUD offices serve Belleview, 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), Public Housing, Homeownership Voucher, Public Housing Homeownership, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Homeownership programs for Belleview, Florida.

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

How many renters live in Belleview, Florida?

The City of Belleview has 5,438 people living in 2,105 households.

There are 1,610 renters living in 796 renter households in this City. Renters make up 29.61 percent of the population living in Belleview.

What is the rental market like in Belleview, Florida?

There are an estimated 2,504 housing units in the Belleview area. Of these, 903 units are rental homes, making up 36 percent of the housing market. For every renter household in Belleview, Florida, there are 1 rental units.

What is the vacancy rate for rentals in Belleview?

The rental vacancy rate in Belleview is 4 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Belleview for each bedroom size?

Occupied Rental Units by Size in Belleview
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 125 477 162 32
Occupied Rental Units by Size in Belleview

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

Among renter households in this market, 50 percent have housing cost burden. Further, 30 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 Belleview

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $949 to $1,768. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $949
One BR $1,043
Two BR $1,266
Three BR $1,619
Four BR $1,768
2024 Fair Market Rents in Belleview, Florida

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

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 71 57 percent
Two BR 325 68 percent
Rental Units Below FMR in Belleview, Florida

How many affordable rental units are in Belleview?

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

Federal Program Unit Count
Low Income Housing Tax Credit 84
USDA Section 515 Rural Rental Housing 114
Tracked Units by Federal Program in Belleview, Florida

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

Income Based Apartments in Belleview, Florida

Belleview features 114 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 Belleview, Florida

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

Housing Choice Vouchers in Belleview, Florida

On average, Section 8 Housing Choice vouchers pay Belleview landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Belleview.

The maximum amount a voucher would pay on behalf of a low-income tenant in Belleview, Florida for a two-bedroom apartment is between $1,139 and $1,393.

Sourced from federal housing data and AffordableHousingOnline.com research.