Low Income Apartments and Affordable Housing For Rent in Crystal River, FL

Discover affordable housing in Crystal River where there are 6+ 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.

Nature Walk Apartments

1531 NE 5th Ave, Crystal River, Florida 34428

Pelican Bay

9826 W Arms Dr, Crystal River, Florida 34429

River Reach Apartments

2151 N River Reach Cir, Crystal River, Florida 34428

Ridgeview I

880 SE 8th Ave, Crystal River, Florida 34429

Crystal River Apts

6161 W Olive Branch Loop, Crystal River, Florida

Seven Rivers Apts

10940 W Tidewater, Crystal River, Florida

calendar_today Opens: May 1
calendar_today Closes: May 7,

Reported On April 10th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Crystal River, Florida
$21.14/hour
$9.14 (+76%) more than Florida minimum wage and $13.89 (+192%) more than the Federal minimum wage.
Learn More About Crystal River, Florida Affordable Housing ↓

What HUD offices serve Crystal River, 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) programs for Crystal River, Florida.

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

How many renters live in Crystal River, Florida?

The City of Crystal River has 3,398 people living in 1,603 households.

There are 1,247 renters living in 551 renter households in this City. Renters make up 36.7 percent of the population living in Crystal River.

What is the rental market like in Crystal River, Florida?

There are an estimated 2,155 housing units in the Crystal River area. Of these, 714 units are rental homes, making up 33 percent of the housing market. For every renter household in Crystal River, Florida, there are 1 rental units.

What is the vacancy rate for rentals in Crystal River?

The rental vacancy rate in Crystal River is 23 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 Crystal River for each bedroom size?

Occupied Rental Units by Size in Crystal River
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 148 248 133 22
Occupied Rental Units by Size in Crystal River

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

Among renter households in this market, 40 percent have housing cost burden. Further, 28 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 Crystal River

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $848 to $1,894. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $848
One BR $853
Two BR $1,116
Three BR $1,554
Four BR $1,894
2024 Fair Market Rents in Crystal River, Florida

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

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
One BR 95 64 percent
Two BR 155 63 percent
Rental Units Below FMR in Crystal River, Florida

How many affordable rental units are in Crystal River?

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

Federal Program Unit Count
Low Income Housing Tax Credit 44
USDA Section 515 Rural Rental Housing 80
Tracked Units by Federal Program in Crystal River, Florida

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

Income Based Apartments in Crystal River, Florida

Crystal River features 243 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 Crystal River, Florida

There are 50 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Crystal River.

Housing Choice Vouchers in Crystal River, Florida

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Crystal River, Florida for a two-bedroom apartment is between $1,004 and $1,228.

Sourced from federal housing data and AffordableHousingOnline.com research.