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Affordable Housing In Holly Hill
Volusia County, Florida

3 Low Income Apartment Communities In Holly Hill

Holly Point Apartments

1000 15th Street
Holly Hill, Florida
Call For Rent
1-3 BR

Cedar Oaks Apartments

668 Lpga Blvd
Holly Hill, Florida
Elderly Supportive Housing

Charleston Place

1969 Charleston House Way
Holly Hill, Florida
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Housing Authorities that serve Holly Hill

Housing Authority Programs
Volusia County Community Assistance Division 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 Holly Hill, Florida

There are 3 low income housing apartment communities offering 386 affordable apartments for rent in Holly Hill, Florida.

Income Based Apartments in Holly Hill, Florida

Holly Hill features 170 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 Holly Hill, Florida

There are 216 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Holly Hill.

Housing Choice Vouchers in Holly Hill, Florida

On average, Section 8 Housing Choice vouchers pay Holly Hill landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Holly Hill.

The maximum amount a voucher would pay on behalf of a low-income tenant in Holly Hill, Florida for a two-bedroom apartment is between $945 and $1,155.

2021 Holly Hill, 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 $693 $856 $1,050 $1,406 $1,537
Payment Standard Range $624 to $762 $770 to $942 $945 to $1,155 $1,265 to $1,547 $1,383 to $1,691

Sourced from federal housing data and research.

Holly Hill, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 386
Total Housing Units with Rental Assistance 170
Percentage of Housing Units Occupied By Renters 49.96%
Average Renter Household Size 2.46
Average Household Size 2.43
Median Household Income $27,259 ±$3,252
Median Rent $788 ±$46
Percentage Of Renters Overburdened 53.03% ± 8.18pp
Total Population 11,726

Population and Household Demographics

Holly Hill is a city in Volusia County, Florida with a population of 11,726. There are 4,764 households in the city with an average household size of 2.43 persons. 49.96% of households in Holly Hill are renters.

Income and Rent Overburden in Holly Hill

The median gross income for households in Holly Hill is $27,259 a year, or $2,272 a month. The median rent for the city is $788 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Holly Hill, a household making less than $2,627 a month would be considered overburdened when renting an apartment at or above the median rent. 53.03% of households who rent are overburdened in Holly Hill.

Area Median Income In Holly Hill

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 Holly Hill, the AMI is calculated from all households within Volusia County.

In Holly Hill, HUD calculates the Area Median Income for a family of four as $64,900

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 Holly Hill

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 Holly Hill

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,650 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $42,850
50% of Median $22,750 $26,000 $29,250 $32,450 $35,050 $37,650 $40,250 $42,850
80% of Median $36,350 $41,550 $46,750 $51,900 $56,100 $60,250 $64,400 $68,550