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

Discover affordable housing in Ellenton where there are 3+ 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.

Rosewood Manor

1673 40th Avenue Cir E, Ellenton, Florida 34222

Tuscany Lakes

3550 58th Place E, Ellenton, Florida 34222

Oaks at Ellenton

1651 36th Ave E, Ellenton, Florida 34222

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ellenton, Florida
$34.38/hour
$22.38 (+186%) more than Florida minimum wage and $27.13 (+374%) more than the Federal minimum wage.
Learn More About Ellenton, Florida Affordable Housing ↓

What HUD offices serve Ellenton, 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, Family Self-Sufficiency, Section 8 Project-Based Voucher (PBV) programs for Ellenton, Florida.

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

How many renters live in Ellenton, Florida?

The City of Ellenton has 5,391 people living in 1,881 households.

There are 1,522 renters living in 581 renter households in this City. Renters make up 28.23 percent of the population living in Ellenton.

What is the rental market like in Ellenton, Florida?

There are an estimated 2,043 housing units in the Ellenton area. Of these, 581 units are rental homes, making up 28 percent of the housing market. For every renter household in Ellenton, Florida, there are 1 rental units.

What is the vacancy rate for rentals in Ellenton?

The rental vacancy rate in Ellenton is 0 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 Ellenton for each bedroom size?

Occupied Rental Units by Size in Ellenton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
18 116 110 243 60
Occupied Rental Units by Size in Ellenton

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

Among renter households in this market, 34 percent have housing cost burden. Further, 7 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 Ellenton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,230 to $2,875. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,230
One BR $1,502
Two BR $1,815
Three BR $2,416
Four BR $2,875
2024 Fair Market Rents in Ellenton, Florida

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

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 18 100 percent
One BR 116 100 percent
Two BR 85 77 percent
Rental Units Below FMR in Ellenton, Florida

How many affordable rental units are in Ellenton?

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

Federal Program Unit Count
Low Income Housing Tax Credit 210
USDA Section 515 Rural Rental Housing 43
Tracked Units by Federal Program in Ellenton, Florida

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

Income Based Apartments in Ellenton, Florida

Ellenton features 43 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 Ellenton, Florida

There are 516 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ellenton.

Housing Choice Vouchers in Ellenton, Florida

On average, Section 8 Housing Choice vouchers pay Ellenton landlords $800 per month towards rent. The average voucher holder contributes $500 towards rent in Ellenton.

The maximum amount a voucher would pay on behalf of a low-income tenant in Ellenton, Florida for a two-bedroom apartment is between $1,634 and $1,997.

Sourced from federal housing data and AffordableHousingOnline.com research.