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

Discover affordable housing in Clearwater where there are 28+ 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.

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Clearwater, Florida
$35.06/hour
$23.06 (+192%) more than Florida minimum wage and $27.81 (+384%) more than the Federal minimum wage.
Learn More About Clearwater, Florida Affordable Housing ↓

What HUD offices serve Clearwater, 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 programs for Clearwater, Florida.

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

How many renters live in Clearwater, Florida?

The City of Clearwater has 117,010 people living in 48,490 households.

There are 46,904 renters living in 20,028 renter households in this City. Renters make up 40.09 percent of the population living in Clearwater.

What is the rental market like in Clearwater, Florida?

There are an estimated 60,600 housing units in the Clearwater area. Of these, 22,889 units are rental homes, making up 38 percent of the housing market. For every renter household in Clearwater, Florida, there are 1 rental units.

What is the vacancy rate for rentals in Clearwater?

The rental vacancy rate in Clearwater is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

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

Occupied Rental Units by Size in Clearwater
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,419 6,185 9,458 2,928 358
Occupied Rental Units by Size in Clearwater

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

Among renter households in this market, 69 percent have housing cost burden. Further, 39 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 Clearwater

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,449 to $2,888. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,449
One BR $1,562
Two BR $1,851
Three BR $2,367
Four BR $2,888
2024 Fair Market Rents in Clearwater, Florida

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

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
Studio 1,196 84 percent
One BR 4,848 78 percent
Two BR 4,747 50 percent
Rental Units Below FMR in Clearwater, Florida

How many affordable rental units are in Clearwater?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,073
Public Housing 233
Section 8 Project-Based Rental Assistance 393
Section 811 Supportive Housing for Persons with Disabilities 42
Tracked Units by Federal Program in Clearwater, Florida

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

Income Based Apartments in Clearwater, Florida

Clearwater features 729 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 Clearwater, Florida

There are 1,113 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Clearwater.

Housing Choice Vouchers in Clearwater, Florida

On average, Section 8 Housing Choice vouchers pay Clearwater landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Clearwater.

The maximum amount a voucher would pay on behalf of a low-income tenant in Clearwater, Florida for a two-bedroom apartment is between $1,666 and $2,036.

Sourced from federal housing data and AffordableHousingOnline.com research.