Affordable Housing In Highlands County
26 Low Income Apartment Communities In Highlands County
Guide To Affordable Housing in Highlands County, Florida
There are 26 low income housing apartment communities offering 1,438 affordable apartments for rent in Highlands County, Florida.
Income Based Apartments in Highlands County, Florida
Highlands County features 660 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 Highlands County, Florida
There are 726 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Highlands County.
Housing Choice Vouchers in Highlands County, Florida
On average, Section 8 Housing Choice vouchers pay Highlands County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Highlands County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Highlands County, Florida for a two-bedroom apartment is between $762 and $932.
2020 Highlands 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|
|Fair Market Rent||$552||$643||$847||$1,074||$1,222|
|Payment Standard Range||$497 to $607||$579 to $707||$762 to $932||$967 to $1,181||$1,100 to $1,344|
Sourced from federal housing data and AffordableHousingOnline.com research.
Highlands County, FL Affordable Housing Snapshot
|Total Affordable Apartment Properties||26|
|Total Low Income Apartments||1,438|
|Total Housing Units with Rental Assistance||660|
|Percentage of Housing Units Occupied By Renters||24.09%|
|Average Renter Household Size||2.58|
|Average Household Size||2.39|
|Median Household Income||$35,093 ±$1,209|
|Median Rent||$710 ±$24|
|Percentage Of Renters Overburdened||49.47% ± 4.24pp|
Population and Household Demographics
Highlands County is a county in Florida with a population of 98,328. There are 40,397 households in the county with an average household size of 2.39 persons. 24.09% of households in Highlands County are renters.
Income and Rent Overburden in Highlands County
The median gross income for households in Highlands County is $35,093 a year, or $2,924 a month. The median rent for the county is $710 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Highlands County, a household making less than $2,367 a month would be considered overburdened when renting an apartment at or above the median rent. 49.47% of households who rent are overburdened in Highlands County.
Area Median Income In Highlands 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 Highlands County, HUD calculates the Area Median Income for a family of four as $49,600
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 Highlands 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 Highlands County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$12,760||$17,240||$21,720||$26,200||$28,550||$30,650||$32,750||$34,850|
|50% of Median||$18,500||$21,150||$23,800||$26,400||$28,550||$30,650||$32,750||$34,850|
|80% of Median||$29,600||$33,800||$38,050||$42,250||$45,650||$49,050||$52,400||$55,800|