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Affordable Housing In Micanopy
Alachua County, Florida

Waiting List Openings In Micanopy

Waiting ListStatus
Gainesville Housing Authority Public Housing Open Now

Housing Authorities that serve Micanopy

Housing Authority Programs
Gainesville Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Alachua County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency; Mainstream Voucher

Guide To Affordable Housing in Micanopy, Florida

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Micanopy, Florida.

Income Based Apartments in Micanopy, Florida

Micanopy features 0 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 Micanopy, Florida

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

Housing Choice Vouchers in Micanopy, Florida

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Micanopy, Florida for a two-bedroom apartment is between $975 and $1,191.

2021 Micanopy, 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 $805 $897 $1,083 $1,415 $1,469
Payment Standard Range $725 to $886 $807 to $987 $975 to $1,191 $1,274 to $1,557 $1,322 to $1,616

Sourced from federal housing data and research.

Micanopy, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 25.26%
Average Renter Household Size 2.24
Average Household Size 2.28
Median Household Income $36,652 ±$5,961
Median Rent $784 ±$87
Percentage Of Renters Overburdened 56.76% ± 27.64pp
Total Population 668

Population and Household Demographics

Micanopy is a city in Alachua County, Florida with a population of 668. There are 293 households in the city with an average household size of 2.28 persons. 25.26% of households in Micanopy are renters.

Income and Rent Overburden in Micanopy

The median gross income for households in Micanopy is $36,652 a year, or $3,054 a month. The median rent for the city is $784 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Micanopy, a household making less than $2,613 a month would be considered overburdened when renting an apartment at or above the median rent. 56.76% of households who rent are overburdened in Micanopy.

Area Median Income In Micanopy

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 Micanopy, the AMI is calculated from all households within Alachua County.

In Micanopy, HUD calculates the Area Median Income for a family of four as $69,800

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 Micanopy

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 Micanopy

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,700 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $24,450 $27,950 $31,450 $34,900 $37,700 $40,500 $43,300 $46,100
80% of Median $39,100 $44,700 $50,300 $55,850 $60,350 $64,800 $69,300 $73,750