Affordable Housing In Clearwater
Pinellas County, Florida

25 Low Income Apartment Communities In Clearwater

Tuscany

1200 S Missouri Ave
Clearwater, FL
HCV Welcome

Lady Mary

110 N Lady Mary Dr
Clearwater, FL

Greenwood

1001 N Martin Luther King Jr Ave
Clearwater, FL
HCV Welcome

Rhd - Tuscany Apartments - 4927

1100 S Missouri Ave
Clearwater, FL
HCV Welcome

Sunset Pointe Apartments

1413 Sunset Point Rd
Clearwater, FL
Accessible
Disabled Supportive Housing
Subsidized

Housing Authorities that serve Clearwater

Housing Authority Programs
Clearwater Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Other Housing Authorities located in Clearwater

Housing Authority Programs
Dunedin Housing Authority

Guide To Affordable Housing in Clearwater, Florida

There are 25 low income housing apartment communities offering 2,375 affordable apartments for rent in Clearwater, Florida. Clearwater features 731 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 1,554 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Clearwater.

Sourced from federal housing data and AffordableHousingOnline.com research.

Clearwater, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 25
Total Low Income Apartments 2,375
Total Housing Units with Rental Assistance 731
Percentage of Housing Units Occupied By Renters 41.67%
Average Renter Household Size 2.30
Average Household Size 2.33
Median Household Income $44,198 ±$1,604
Median Rent $953 ±$19
Percentage Of Renters Overburdened 54.96% ± 2.86pp
Total Population 110,381

Population and Household Demographics

Clearwater is a City in Pinellas County, Florida with a population of 110,381. There are 46,234 households in the city with an average household size of 2.33 persons. 41.67% of households in Clearwater are renters.

Income and Rent Overburden in Clearwater

The median gross income for households in Clearwater is $44,198 a year, or $3,683 a month. The median rent for the city is $953 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Clearwater, a household making less than $3,177 a month would be considered overburdened when renting an apartment at or above the median rent. 54.96% of households who rent are overburdened in Clearwater.1

Area Median Income In Clearwater

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 Clearwater, the AMI is calculated from all households within Pinellas County.

In Clearwater, HUD calculates the Area Median Income for a family of four as $66,900

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 Clearwater

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 Clearwater HUD Rental Assistance in Clearwater

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,050 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $23,450 $26,800 $30,150 $33,450 $36,150 $38,850 $41,500 $44,200
80% of Median $37,450 $42,800 $48,150 $53,500 $57,800 $62,100 $66,350 $70,650
Low Income Housing Tax Credits in Clearwater

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

From 1999 to 2012, 7 low income apartment communities containing 1,028 rental apartments have been constructed and made affordable to low income persons in Clearwater 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 Clearwater

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $23,450 $26,800 $30,150 $33,450 $36,150 $38,850 $41,500 $44,200
60% of Median $28,140 $32,160 $36,180 $40,140 $43,380 $46,620 $49,800 $53,040

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 Clearwater is $36,180 a year, or $3,015 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,015 by 30% to get a maximum rent of $905 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% $586 $628 $754 $870 $971 $1,071
60% $704 $754 $905 $1,044 $1,166 $1,286
Fair Market Rents in Clearwater

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
$935 $981 $1,206 $1,575 $1,925