Low Income Apartments and Affordable Housing For Rent in Lake County, FL

Discover affordable housing in Lake County where there are 490+ 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.

2038 Sloans Outlook Dr

2038 Sloans Outlook Dr, Groveland, Florida 34736

bed 3
payment $2349/mo.

16601 Rising Star Dr

16601 Rising Star Dr, Clermont, Florida 34714

bed 3
payment $2200/mo.

1365 Merion Dr

1365 Merion Dr, Mount Dora, Florida 32757

bed 4
payment $2595/mo.

1019 Lake Elsie Dr

1019 Lake Elsie Dr, Tavares, Florida 32778

bed 3
payment $1949/mo.

1649 Selkirk Dr

1649 Selkirk Dr, Leesburg, Florida 34788

bed 2
payment $1600/mo.

977 Cascades Park Trail

977 Cascades Park Trail, Deland, Florida 32720

bed 4
payment $2080/mo.

231 Blackstone Creek Rd

231 Blackstone Creek Rd, Groveland, Florida 34736

bed 3
payment $2275/mo.

285 E Fiesta Key Loop

285 E Fiesta Key Loop, Deland, Florida 32720

bed 3
payment $2145/mo.

1135 E Clifford Ave

1135 E Clifford Ave, Eustis, Florida 32726

bed 2
payment $1395/mo.

2251 Dablon Ct

2251 Dablon Ct, Eustis, Florida 32726

bed 3
payment $2240/mo.

16456 Centipede St

16456 Centipede St, Clermont, Florida 34714

bed 4
payment $2500/mo.

1110 Chateau Cir

1110 Chateau Cir, Minneola, Florida 34715

bed 4
payment $2715/mo.

807 Shore Breeze Way

807 Shore Breeze Way, Minneola, Florida 34715

bed 3
payment $2249/mo.

533 E Jackson Ave

533 E Jackson Ave, Mount Dora, Florida 32757

bed 1
payment $1100/mo.

139 S Stone St

139 S Stone St, Deland, Florida 32720

bed 2
payment $1495/mo.

37151 Turner Dr

37151 Turner Dr, Umatilla, Florida 32784

bed 2
payment $1785/mo.

4181 Chestnut Dr

4181 Chestnut Dr, Mount Dora, Florida 32757

bed 2
payment $1695/mo.

263 Cassady St

263 Cassady St, Umatilla, Florida 32784

bed 2
payment $1695/mo.

994 Rivers Crossing St

994 Rivers Crossing St, Clermont, Florida 34714

bed 4
payment $2450/mo.

152 Heavensgate Rd Unit Heavensgate

152 Heavensgate Rd Unit Heavensgate, Deland, Florida 32720

bed 1
payment $900/mo.

How To Identify Affordable Housing in Lake County, Florida

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Lake County, Florida
$35.17/hour
$23.17 (+193%) more than Florida minimum wage and $27.92 (+385%) more than the Federal minimum wage.
Learn More About Lake County, Florida Affordable Housing ↓

What HUD offices serve Lake 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.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Lake County, Florida.

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

How many renters live in Lake County, Florida?

The County of Lake County has people living in households.

There are renters living in renter households in this County. Renters make up 23.41 percent of the population living in Lake County.

What is the rental market like in Lake County, Florida?

There are an estimated housing units in the Lake County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Lake County, Florida, there are 1.1 rental units.

What is the vacancy rate for rentals in Lake County?

The rental vacancy rate in Lake County is 8 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 Lake County for each bedroom size?

Occupied Rental Units by Size in Lake County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,671 7,372 16,683 12,245 2,460
Occupied Rental Units by Size in Lake County

A large number of apartments in Lake County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Lake County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,558 to $2,849. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,558
One BR $1,638
Two BR $1,857
Three BR $2,362
Four BR $2,849
2024 Fair Market Rents in Lake County, Florida

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

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
Studio 1,341 80 percent
One BR 5,618 76 percent
Two BR 8,267 50 percent
Rental Units Below FMR in Lake County, Florida

How many affordable rental units are in Lake County?

There are a variety of federal affordable housing programs serving households in Lake County, Florida including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
USDA Section 515 Rural Rental Housing
USDA Section 514 Farm Labor Housing
Tracked Units by Federal Program in Lake County, Florida

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Lake County, Florida

Lake County features 1,755 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 Lake County, Florida

There are 2,879 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lake County.

Housing Choice Vouchers in Lake County, Florida

On average, Section 8 Housing Choice vouchers pay Lake County landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Lake County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lake County, Florida for a two-bedroom apartment is between $1,671 and $2,043.

Sourced from federal housing data and AffordableHousingOnline.com research.

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