Affordable Housing In Daytona Beach
Volusia County, Florida

24 Low Income Apartment Communities In Daytona Beach

Villages at Halifax II

128 Norma Dr
Daytona Beach, FL
$570-781
1-3 BR
HCV Welcome

Ahepa 410, Inc

575 N Williamson Blvd
Daytona Beach, FL
62+
Accessible
Elderly Supportive Housing
Subsidized

Magnolia Gardens

1034 4th St
Daytona Beach, FL
62+
Accessible
Elderly Supportive Housing
Subsidized

Wedgewood

1717 Mason Avenue
Daytona Beach, FL
HCV Welcome

Daytona Garden Apartments South

617 Jean St
Daytona Beach, FL
Subsidized

Daytona Garden Apartments North

437 Jean St
Daytona Beach, FL
Subsidized

Daytona Garden Apartments

603 Jean St
Daytona Beach, FL
Subsidized

Central Manor Apartments

136 Fairview Ave
Daytona Beach, FL
62+
Accessible
Elderly Supportive Housing
Subsidized

Casa San Pablo

401 N Ridgewood Ave
Daytona Beach, FL
62+
Accessible
Elderly Supportive Housing
Subsidized

Worc Haven, Adult Congregate Living Facility

1090 Jimmy Ann Dr
Daytona Beach, FL
62+
Accessible
Elderly Supportive Housing
Subsidized

Housing Authorities that serve Daytona Beach

Housing Authority Programs
Daytona Beach Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
New Smyrna Beach Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Ormond Beach Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Daytona Beach, Florida

There are 24 low income housing apartment communities offering 3,079 affordable apartments for rent in Daytona Beach, Florida. Daytona Beach features 1,605 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 1,474 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Daytona Beach.

Sourced from federal housing data and AffordableHousingOnline.com research.

Daytona Beach, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 24
Total Low Income Apartments 3,079
Total Housing Units with Rental Assistance 1,605
Percentage of Housing Units Occupied By Renters 55.41%
Average Renter Household Size 2.19
Average Household Size 2.20
Median Household Income $27,901 ±$1,591
Median Rent $761 ±$18
Percentage Of Renters Overburdened 56.87% ± 4.21pp
Total Population 62,726

Population and Household Demographics

Daytona Beach is a City in Volusia County, Florida with a population of 62,726. There are 26,998 households in the city with an average household size of 2.20 persons. 55.41% of households in Daytona Beach are renters.

Income and Rent Overburden in Daytona Beach

The median gross income for households in Daytona Beach is $27,901 a year, or $2,325 a month. The median rent for the city is $761 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Daytona Beach, a household making less than $2,537 a month would be considered overburdened when renting an apartment at or above the median rent. 56.87% of households who rent are overburdened in Daytona Beach.1

Area Median Income In Daytona Beach

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 Daytona Beach, the AMI is calculated from all households within Volusia County.

In Daytona Beach, HUD calculates the Area Median Income for a family of four as $59,100

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 Daytona Beach

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 Daytona Beach HUD Rental Assistance in Daytona Beach

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,850 $16,910 $21,330 $25,750 $30,170 $34,590 $37,950 $40,400
50% of Median $21,450 $24,500 $27,550 $30,600 $33,050 $35,500 $37,950 $40,400
80% of Median $34,300 $39,200 $44,100 $48,950 $52,900 $56,800 $60,700 $64,650
Low Income Housing Tax Credits in Daytona Beach

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

From 1995 to 2008, 8 low income apartment communities containing 1,446 rental apartments have been constructed and made affordable to low income persons in Daytona Beach 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 Daytona Beach

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $21,450 $24,500 $27,550 $30,600 $33,050 $35,500 $37,950 $40,400
60% of Median $25,740 $29,400 $33,060 $36,720 $39,660 $42,600 $45,540 $48,480

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 Daytona Beach is $33,060 a year, or $2,755 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,755 by 30% to get a maximum rent of $827 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% $536 $574 $689 $796 $888 $979
60% $644 $689 $827 $955 $1,065 $1,175
Fair Market Rents in Daytona Beach

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
$750 $900 $1,111 $1,494 $1,690