Low Income Apartments and Affordable Housing For Rent in Putnam County, FL

Discover affordable housing in Putnam County where there are 27+ 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.

Forest Glen Apartments

700 Forest Glen Drive, Palatka, Florida 32177

Cherry Tree Apartments

206 Zeagler Drive, Palatka, Florida 32177

Home to College I& II

2305 Husson Ave, Palatka, Florida 32177

Lakeview Grove

731 Gunby Ct, Crescent City, Florida 32112

Sugar Mill Woods Apartments

570 3rd Avenue, Welaka, Florida 32193

St. Johns River Apartments

3421 St. Johns Avenue, Palatka, Florida 32177

Smith Thomas Court Apartments

849 Bay Lane, Crescent City, Florida 32112

Westwood Village

156 Westwood Dr, Interlachen, Florida 32148

Carriage Gate of Palatka

6501 Saint Johns Ave, Palatka, Florida 32177

Mellon Manor Apartments

3701 Saint Johns Ave, Palatka, Florida 32177

Arc of Putnam County Group Home

1015 S 10th St, Palatka, Florida 32177

Woodland Point

6710 Saint Johns Ave, Palatka, Florida 32177

Grand Pines

2501 Prosper St, Palatka, Florida 32177

Holly Ridge

6401 Saint Johns Ave, Palatka, Florida 32177

Kay Larkin Apartments

305 Kay Larkin Dr, Palatka, Florida 32177

Westwood Village

182 N County Road 315, Interlachen, Florida 32148

Cherry Tree II Apartments

208 Zeagler Dr, Palatka, Florida 32177

Oakwood Grove Apartments

627 Gunby Ct, Crescent City, Florida 32112

Progressive Housing

2201 Husson Ave, Palatka, Florida 32177

Barry Manor

1000 Husson Ave, Palatka, Florida 32177

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Putnam County, Florida
$17.25/hour
$5.25 (+44%) more than Florida minimum wage and $10.00 (+138%) more than the Federal minimum wage.
Learn More About Putnam County, Florida Affordable Housing ↓

What HUD offices serve Putnam County, 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 Putnam County, Florida.

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

How many renters live in Putnam County, Florida?

The County of Putnam County has 74,731 people living in 31,087 households.

There are 16,332 renters living in 6,338 renter households in this County. Renters make up 21.85 percent of the population living in Putnam County.

What is the rental market like in Putnam County, Florida?

There are an estimated 36,183 housing units in the Putnam County area. Of these, 8,455 units are rental homes, making up 23 percent of the housing market. For every renter household in Putnam County, Florida, there are 1 rental units.

What is the vacancy rate for rentals in Putnam County?

The rental vacancy rate in Putnam County is 4 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Putnam County for each bedroom size?

Occupied Rental Units by Size in Putnam County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
218 1,224 3,644 2,468 425
Occupied Rental Units by Size in Putnam County

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

Among renter households in this market, 43 percent have housing cost burden. Further, 13 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 Putnam County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $689 to $1,213. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $689
One BR $693
Two BR $911
Three BR $1,172
Four BR $1,213
2024 Fair Market Rents in Putnam County, Florida

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

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 132 61 percent
One BR 801 65 percent
Two BR 1,935 53 percent
Rental Units Below FMR in Putnam County, Florida

How many affordable rental units are in Putnam County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 583
Public Housing 421
Section 8 Project-Based Rental Assistance 259
USDA Section 515 Rural Rental Housing 472
USDA Section 514 Farm Labor Housing 52
Tracked Units by Federal Program in Putnam County, Florida

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

Income Based Apartments in Putnam County, Florida

Putnam County features 910 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 Putnam County, Florida

There are 443 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Putnam County.

Housing Choice Vouchers in Putnam County, Florida

On average, Section 8 Housing Choice vouchers pay Putnam County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Putnam County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Putnam County, Florida for a two-bedroom apartment is between $820 and $1,002.

Sourced from federal housing data and AffordableHousingOnline.com research.