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

Discover affordable housing in Milton where there are 6+ 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.

Country Haven

6151 Country Haven Circle, Milton, Florida 32570

Scenic View

4950 Glover Ln, Milton, Florida 32570

Oakwood

6585 Brock Ave, Milton, Florida 32570

Astor Village

5194 Astor Village St, Milton, Florida 32570

Regency Arms Apts

199 Miller Road, Milton, Florida

Parkwood Manor

5708 Byrom St, Milton, Florida 32570

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Milton, Florida
$24.20/hour
$12.20 (+102%) more than Florida minimum wage and $16.95 (+234%) more than the Federal minimum wage.
Learn More About Milton, Florida Affordable Housing ↓

What HUD offices serve Milton, 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), Public Housing programs for Milton, Florida.

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

How many renters live in Milton, Florida?

The City of Milton has 10,254 people living in 4,601 households.

There are 4,829 renters living in 2,362 renter households in this City. Renters make up 47.09 percent of the population living in Milton.

What is the rental market like in Milton, Florida?

There are an estimated 5,036 housing units in the Milton area. Of these, 2,511 units are rental homes, making up 50 percent of the housing market. For every renter household in Milton, Florida, there are 1 rental units.

What is the vacancy rate for rentals in Milton?

The rental vacancy rate in Milton is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

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

Occupied Rental Units by Size in Milton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
131 316 451 1,041 423
Occupied Rental Units by Size in Milton

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

Among renter households in this market, 28 percent have housing cost burden. Further, 11 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 Milton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,048 to $2,167. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,048
One BR $1,098
Two BR $1,278
Three BR $1,747
Four BR $2,167
2024 Fair Market Rents in Milton, Florida

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

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 131 100 percent
One BR 264 84 percent
Two BR 287 64 percent
Rental Units Below FMR in Milton, Florida

How many affordable rental units are in Milton?

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

Federal Program Unit Count
Low Income Housing Tax Credit 135
Public Housing 38
Section 8 Project-Based Rental Assistance 50
USDA Section 515 Rural Rental Housing 93
Tracked Units by Federal Program in Milton, Florida

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

Income Based Apartments in Milton, Florida

Milton features 248 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 Milton, Florida

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

Housing Choice Vouchers in Milton, Florida

On average, Section 8 Housing Choice vouchers pay Milton landlords $700 per month towards rent. The average voucher holder contributes $200 towards rent in Milton.

The maximum amount a voucher would pay on behalf of a low-income tenant in Milton, Florida for a two-bedroom apartment is between $1,150 and $1,406.

Sourced from federal housing data and AffordableHousingOnline.com research.