Affordable Housing In Bradenton
Manatee County, Florida

26 Low Income Apartment Communities In Bradenton

River Trace

2710 River Trace Cir
Bradenton, Florida
Call For Rent
1-4 BR

The Addison

702 6th Avenue East
Bradenton, Florida
Call For Rent
1-3 BR

Grand Palms Apartments

1715 14th Street West
Bradenton, Florida
Call For Rent
1-2 BR
55+

Lake East l & ll

2319 16th St Ct E
Bradenton, Florida
$837-843
1 BR

Eden Pointe

955 53rd St E
Bradenton, Florida
1 BR

Presbyterian Villas of Bradenton

6125 14th St W
Bradenton, Florida
Subsidized

Bradenton Village

1302 3rd St W
Bradenton, Florida

Woodwinds Apartments

1800 Woodwinds Dr
Bradenton, Florida
Subsidized

Manatee County VOA

852 63rd Ave W
Bradenton, Florida

Bradenton VOA LC

6716 11th St W
Bradenton, Florida

Housing Authorities that serve Bradenton

Housing Authority Programs
Bradenton Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Manatee County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency; Section 8 Project-Based Voucher (PBV)

Guide To Affordable Housing in Bradenton, Florida

There are 26 low income housing apartment communities offering 2,707 affordable apartments for rent in Bradenton, Florida.

Income Based Apartments in Bradenton, Florida

Bradenton features 831 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 Bradenton, Florida

There are 1,876 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bradenton.

Housing Choice Vouchers in Bradenton, Florida

On average, Section 8 Housing Choice vouchers pay Bradenton landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Bradenton.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bradenton, Florida for a two-bedroom apartment is between $1,148 and $1,403.

2021 Bradenton, 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
Bradenton, Florida Fair Market Rent $841 $992 $1,275 $1,686 $2,030
Bradenton, Florida Payment Standard Range $757 to $925 $893 to $1,091 $1,148 to $1,403 $1,517 to $1,855 $1,827 to $2,233

Sourced from federal housing data and AffordableHousingOnline.com research.

Bradenton, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 26
Total Low Income Apartments 2,707
Total Housing Units with Rental Assistance 831
Percentage of Housing Units Occupied By Renters 46.65%
Average Renter Household Size 2.62
Average Household Size 2.44
Median Household Income $40,227 ±$1,852
Median Rent $932 ±$29
Percentage Of Renters Overburdened 55.53% ± 3.57pp
Total Population 51,811

Population and Household Demographics

Bradenton is a city in Manatee County, Florida with a population of 51,811. There are 20,649 households in the city with an average household size of 2.44 persons. 46.65% of households in Bradenton are renters.

Income and Rent Overburden in Bradenton

The median gross income for households in Bradenton is $40,227 a year, or $3,352 a month. The median rent for the city is $932 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bradenton, a household making less than $3,107 a month would be considered overburdened when renting an apartment at or above the median rent. 55.53% of households who rent are overburdened in Bradenton.

Area Median Income In Bradenton

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 Bradenton, the AMI is calculated from all households within Manatee County.

In Bradenton, HUD calculates the Area Median Income for a family of four as $77,200

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 Bradenton

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 Bradenton

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 Bradenton AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,250 $18,550 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Bradenton AMI may qualify for rental assistance programs that target Very Low Income households.
$27,050 $30,900 $34,750 $38,600 $41,700 $44,800 $47,900 $51,000
80% AMI Income Limits
Renters earning up to 80% of the Bradenton AMI may qualify for rental assistance programs that target Low Income households.
$43,250 $49,400 $55,600 $61,750 $66,700 $71,650 $76,600 $81,550