; Low Income Apartments For Rent in Hernando County, FL

Magnolia Gardens

20180 Barnett Rd
Brooksville, Florida
Rent Assisted
LIHTC
Local Program
Call For Rent
1-2 BR

Portillo 97hr004

3474 Portillo Rd
Spring Hill, Florida
Rent Assisted
HOME

Spring Haven

220 Spring Haven Loop
Spring Hill, Florida
Rent Assisted
LIHTC

Bridgewater Club

4300 Bridgewater Club Loop
Spring Hill, Florida
Rent Assisted
LIHTC

Tanglewood Apts II

682 Tanglewood Dr
Brooksville, Florida
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA

Brooksville Homes Ltd

385 Union St
Brooksville, Florida
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA

Hillside and Summit

510 W Dr M L King Jr Blvd
Brooksville, Florida
Subsidized
Public Housing
Showing Results 16-22

There are 1,430 low-income apartments in Hernando County that offer reduced rents to eligible households. Low-income rents in Hernando County, Florida can range from $646 to $888 depending on the number of bedrooms.

Rental assistance programs support 338 low-income homes in Hernando County where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $336 towards rent each month.

Affordable rent data for some communities last confirmed on June 19th, 2023. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Hernando 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.

Housing Authority Programs
Hernando County Housing Authority Section 8 Housing Choice Voucher (HCV)
Go to the Florida Public Housing and Low-Income Apartments Waiting Lists page for openings near Hernando County.

Hernando County, Florida Affordable Housing Data

Income Based Apartments in Hernando County, Florida

Hernando County features 338 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 Hernando County, Florida

There are 1,430 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hernando County.

Housing Choice Vouchers in Hernando County, Florida

On average, Section 8 Housing Choice vouchers pay Hernando County landlords $900 per month towards rent. The average voucher holder contributes $300 towards rent in Hernando County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Hernando County, Florida for a two-bedroom apartment is between $1,493 and $1,825.

2023 Hernando County, 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
Hernando County, Florida Fair Market Rent $1,291 $1,381 $1,659 $2,123 $2,603
Hernando County, Florida Payment Standard Range $1,162 to $1,420 $1,243 to $1,519 $1,493 to $1,825 $1,911 to $2,335 $2,343 to $2,863

Sourced from federal housing data and AffordableHousingOnline.com research.

Hernando County, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 22
Total Low Income Apartments 1,768
Total Housing Units with Rental Assistance 338
Percentage of Housing Units Occupied By Renters 22.2%
Average Renter Household Size 2.76
Average Household Size 2.45
Median Household Income $40,945 ±$1,067
Median Rent $884 ±$16
Percentage Of Renters Overburdened 49.34% ± 3.66pp
Total Population 174,809

Population and Household Demographics

Hernando County is a county in Florida with a population of 174,809. There are 70,452 households in the county with an average household size of 2.45 persons. 22.2% of households in Hernando County are renters.

Income and Rent Overburden in Hernando County

The median gross income for households in Hernando County is $40,945 a year, or $3,412 a month. The median rent for the county is $884 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hernando County, a household making less than $2,947 a month would be considered overburdened when renting an apartment at or above the median rent. 49.34% of households who rent are overburdened in Hernando County.

Area Median Income In Hernando County

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.

In Hernando County, HUD calculates the Area Median Income for a family of four as $89,400

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 Hernando County

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 Hernando County

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 Hernando County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,250 $20,850 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Hernando County AMI may qualify for rental assistance programs that target Very Low Income households.
$30,450 $34,800 $39,150 $43,450 $46,950 $50,450 $53,900 $57,400
80% AMI Income Limits
Renters earning up to 80% of the Hernando County AMI may qualify for rental assistance programs that target Low Income households.
$48,650 $55,600 $62,550 $69,500 $75,100 $80,650 $86,200 $91,750