Affordable Housing In Indian River County
Florida

23 Low Income Apartment Communities In Indian River County

Sonrise Villas I & II

53 Sonrise Pl
Fellsmere, Florida
$457-762
2-4 BR
Accepts Vouchers

Pelican Isles

925 Turtle Run Dr
Sebastian, Florida
Call For Rent
1-3 BR
Accepts Vouchers

Sunset Apartments

4166 45th Place
Vero Beach, Florida
Call For Rent
1-2 BR
Subsidized

Orangewood Park Apartments

3820 42nd. Place
Vero Beach, Florida
Call For Rent
2-4 BR

Victory Park Apartments

3985 King Place
Vero Beach, Florida
Call For Rent
2-4 BR

Pinnacle Grove Apartment Homes

1810 Woodland Cir
Vero Beach, Florida
$610-730
1-3 BR
Accepts Vouchers

Villas of Vero Beach

3605 16th Street
Vero Beach, Florida
Call For Rent
2 BR

Gardenia Gardens

1375 6th Ave
Vero Beach, Florida
Subsidized
62+
Accessible
Elderly Supportive Housing

Orchard Grove

1935 45th St
Vero Beach, Florida
Accepts Vouchers

Arc of Indian River Co

1005 22nd Ave
Vero Beach, Florida
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Housing Authorities that serve Indian River County

Housing Authority Programs
Indian River County Rental Assistance Section 8 Housing Choice Voucher (HCV); Veteran Affairs Supportive Housing (VASH)

Guide To Affordable Housing in Indian River County, Florida

There are 23 low income housing apartment communities offering 2,963 affordable apartments for rent in Indian River County, Florida.

Income Based Apartments in Indian River County, Florida

Indian River County features 438 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 Indian River County, Florida

There are 2,525 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Indian River County.

Housing Choice Vouchers in Indian River County, Florida

On average, Section 8 Housing Choice vouchers pay Indian River County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Indian River County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Indian River County, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 23
Total Low Income Apartments 2,963
Total Housing Units with Rental Assistance 438
Percentage of Housing Units Occupied By Renters 25.35%
Average Renter Household Size 2.50
Average Household Size 2.44
Median Household Income $45,798 ±$1,567
Median Rent $860 ±$21
Percentage Of Renters Overburdened 54.9% ± 3.26pp
Total Population 142,866

Population and Household Demographics

Indian River County is a County in Florida with a population of 142,866. There are 57,825 households in the county with an average household size of 2.44 persons. 25.35% of households in Indian River County are renters.

Income and Rent Overburden in Indian River County

The median gross income for households in Indian River County is $45,798 a year, or $3,817 a month. The median rent for the county is $860 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Indian River County, a household making less than $2,867 a month would be considered overburdened when renting an apartment at or above the median rent. 54.9% of households who rent are overburdened in Indian River County.1

Area Median Income In Indian River 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 Indian River County, HUD calculates the Area Median Income for a family of four as $65,000

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 Indian River 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 Indian River County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,650 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $42,900
50% of Median $22,750 $26,000 $29,250 $32,500 $35,100 $37,700 $40,300 $42,900
80% of Median $36,400 $41,600 $46,800 $52,000 $56,200 $60,350 $64,500 $68,650

Cities In Indian River County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Vero Beach 20 The HUD funded Public Housing Agency that serves Vero Beach is the Indian River County Rental Assistance.
Fellsmere 1 The HUD funded Public Housing Agency that serves Fellsmere is the Indian River County Rental Assistance.
Sebastian 2 The HUD funded Public Housing Agency that serves Sebastian is the Indian River County Rental Assistance.
Florida Ridge 0 The HUD funded Public Housing Agency that serves Florida Ridge is the Indian River County Rental Assistance.
Indian River Shores 0 The HUD funded Public Housing Agency that serves Indian River Shores is the Indian River County Rental Assistance.
Orchid 0 The HUD funded Public Housing Agency that serves Orchid is the Indian River County Rental Assistance.
Roseland 0 The HUD funded Public Housing Agency that serves Roseland is the Indian River County Rental Assistance.
South Beach 0 The HUD funded Public Housing Agency that serves South Beach is the Indian River County Rental Assistance.
Wabasso 0 The HUD funded Public Housing Agency that serves Wabasso is the Indian River County Rental Assistance.
Wabasso Beach 0 The HUD funded Public Housing Agency that serves Wabasso Beach is the Indian River County Rental Assistance.
West Vero Corridor 0 The HUD funded Public Housing Agency that serves West Vero Corridor is the Indian River County Rental Assistance.
Windsor 0 The HUD funded Public Housing Agency that serves Windsor is the Indian River County Rental Assistance.
Winter Beach 0 The HUD funded Public Housing Agency that serves Winter Beach is the Indian River County Rental Assistance.
Gifford 0 The HUD funded Public Housing Agency that serves Gifford is the Indian River County Rental Assistance.
Vero Beach South 0 The HUD funded Public Housing Agency that serves Vero Beach South is the Indian River County Rental Assistance.