Affordable Housing In Crestview
Okaloosa County, Florida

7 Low Income Apartment Communities In Crestview

Crestview I

1450 Coremo Drive
Crestview, Florida
Call For Rent
1-2 BR

Bent Creek I

209 Bent Creek Road
Crestview, Florida
Call For Rent
1-2 BR

Brookmeade Villas

102 Noble Cir
Crestview, Florida
Subsidized

Brentwood Apartment

107 Brentwood Ln
Crestview, Florida

Brentwood

104 Brentwood Ln
Crestview, Florida

Addison Place

111 Addison Pl
Crestview, Florida
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Section 8 Vouchers, Apartments, and Waiting Lists in Crestview, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Crestview, Florida

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

Guide To Affordable Housing in Crestview, Florida

There are 7 low income housing apartment communities offering 589 affordable apartments for rent in Crestview, Florida.

Income Based Apartments in Crestview, Florida

Crestview features 305 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 Crestview, Florida

There are 284 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Crestview.

Housing Choice Vouchers in Crestview, Florida

On average, Section 8 Housing Choice vouchers pay Crestview landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Crestview.

The maximum amount a voucher would pay on behalf of a low-income tenant in Crestview, Florida for a two-bedroom apartment is between $1,055 and $1,289.

2022 Crestview, 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
Crestview, Florida Fair Market Rent $981 $987 $1,172 $1,542 $1,997
Crestview, Florida Payment Standard Range $883 to $1,079 $888 to $1,086 $1,055 to $1,289 $1,388 to $1,696 $1,797 to $2,197

Sourced from federal housing data and AffordableHousingOnline.com research.

Crestview, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 589
Total Housing Units with Rental Assistance 305
Percentage of Housing Units Occupied By Renters 41.98%
Average Renter Household Size 2.70
Average Household Size 2.70
Median Household Income $51,407 ±$2,759
Median Rent $1,014 ±$64
Percentage Of Renters Overburdened 48.67% ± 8.75pp
Total Population 22,524

Population and Household Demographics

Crestview is a city in Okaloosa County, Florida with a population of 22,524. There are 7,983 households in the city with an average household size of 2.70 persons. 41.98% of households in Crestview are renters.

Income and Rent Overburden in Crestview

The median gross income for households in Crestview is $51,407 a year, or $4,284 a month. The median rent for the city is $1,014 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Crestview, a household making less than $3,380 a month would be considered overburdened when renting an apartment at or above the median rent. 48.67% of households who rent are overburdened in Crestview.

Area Median Income In Crestview

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 Crestview, the AMI is calculated from all households within Okaloosa County.

In Crestview, HUD calculates the Area Median Income for a family of four as $78,600

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 Crestview

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 Crestview

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 Crestview AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,550 $18,900 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Crestview AMI may qualify for rental assistance programs that target Very Low Income households.
$27,550 $31,450 $35,400 $39,300 $42,450 $45,600 $48,750 $51,900
80% AMI Income Limits
Renters earning up to 80% of the Crestview AMI may qualify for rental assistance programs that target Low Income households.
$44,050 $50,350 $56,650 $62,900 $67,950 $73,000 $78,000 $83,050