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Affordable Housing In Century
Escambia County, Florida

3 Low Income Apartment Communities In Century

Oakwood Village Apartments

9640 Shady Ln
Century, Florida
Subsidized

Century Woods Apartments

20 W Highway 4
Century, Florida
Subsidized

Camellia Gardens

901 Freedom Rd
Century, Florida
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Housing Authorities that serve Century

Housing Authority Programs
City of Pensacola Division of Housing Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Century, Florida

There are 3 low income housing apartment communities offering 108 affordable apartments for rent in Century, Florida.

Income Based Apartments in Century, Florida

Century features 76 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 Century, Florida

There are 32 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Century.

Housing Choice Vouchers in Century, Florida

On average, Section 8 Housing Choice vouchers pay Century landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Century.

The maximum amount a voucher would pay on behalf of a low-income tenant in Century, Florida for a two-bedroom apartment is between $888 and $1,086.

2021 Century, 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
Century, Florida Fair Market Rent $776 $840 $987 $1,385 $1,709
Century, Florida Payment Standard Range $698 to $854 $756 to $924 $888 to $1,086 $1,247 to $1,524 $1,538 to $1,880

Sourced from federal housing data and AffordableHousingOnline.com research.

Century, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 108
Total Housing Units with Rental Assistance 76
Percentage of Housing Units Occupied By Renters 46.87%
Average Renter Household Size 1.81
Average Household Size 2.10
Median Household Income $24,583 ±$3,277
Median Rent $579 ±$33
Percentage Of Renters Overburdened 58.07% ± 14.95pp
Total Population 1,529

Population and Household Demographics

Century is a city in Escambia County, Florida with a population of 1,529. There are 687 households in the city with an average household size of 2.10 persons. 46.87% of households in Century are renters.

Income and Rent Overburden in Century

The median gross income for households in Century is $24,583 a year, or $2,049 a month. The median rent for the city is $579 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Century, a household making less than $1,930 a month would be considered overburdened when renting an apartment at or above the median rent. 58.07% of households who rent are overburdened in Century.

Area Median Income In Century

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 Century, the AMI is calculated from all households within Escambia County.

In Century, HUD calculates the Area Median Income for a family of four as $65,900

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 Century

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 Century

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 Century AMI may qualify for rental assistance programs that target Extremely Low Income households.
$13,850 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $43,500
50% AMI Income Limits
Renters earning up to 50% of the Century AMI may qualify for rental assistance programs that target Very Low Income households.
$23,100 $26,400 $29,700 $32,950 $35,600 $38,250 $40,900 $43,500
80% AMI Income Limits
Renters earning up to 80% of the Century AMI may qualify for rental assistance programs that target Low Income households.
$36,900 $42,200 $47,450 $52,700 $56,950 $61,150 $65,350 $69,600