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

Discover affordable housing in Homosassa where there are 1+ 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.

Homosassa Ltd

4400 S Marquis Pt, Homosassa, Florida

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Homosassa, Florida
$21.14/hour
$9.14 (+76%) more than Florida minimum wage and $13.89 (+192%) more than the Federal minimum wage.
Learn More About Homosassa, Florida Affordable Housing ↓

What HUD offices serve Homosassa, 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) programs for Homosassa, Florida.

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

How many renters live in Homosassa, Florida?

The City of Homosassa has 2,016 people living in 1,163 households.

There are 124 renters living in 91 renter households in this City. Renters make up 6.15 percent of the population living in Homosassa.

What is the rental market like in Homosassa, Florida?

There are an estimated 1,959 housing units in the Homosassa area. Of these, 122 units are rental homes, making up 6 percent of the housing market. For every renter household in Homosassa, Florida, there are 1 rental units.

What is the vacancy rate for rentals in Homosassa?

The rental vacancy rate in Homosassa is 25 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Homosassa for each bedroom size?

Occupied Rental Units by Size in Homosassa
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 57 34 0
Occupied Rental Units by Size in Homosassa

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

Among renter households in this market, 0 percent have housing cost burden. Further, 0 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 Homosassa

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $848 to $1,894. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $848
One BR $853
Two BR $1,116
Three BR $1,554
Four BR $1,894
2024 Fair Market Rents in Homosassa, Florida

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

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
Two BR 21 37 percent
Rental Units Below FMR in Homosassa, Florida

How many affordable rental units are in Homosassa?

Income Based Apartments in Homosassa, Florida

Homosassa features 37 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 Homosassa, Florida

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Homosassa.

Housing Choice Vouchers in Homosassa, Florida

On average, Section 8 Housing Choice vouchers pay Homosassa landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Homosassa.

The maximum amount a voucher would pay on behalf of a low-income tenant in Homosassa, Florida for a two-bedroom apartment is between $1,004 and $1,228.

Sourced from federal housing data and AffordableHousingOnline.com research.