Low Income Apartments and Affordable Housing For Rent in Mount Dora, FL

Discover affordable housing in Mount Dora where there are 44+ 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.

1104 Golf Club Ct

1104 Golf Club Ct, Mount Dora, Florida 32757

bed 3
payment $1800/mo.

4618 Coppola Dr

4618 Coppola Dr, Mount Dora, Florida 32757

bed 5
payment $2700/mo.

1365 Merion Dr

1365 Merion Dr, Mount Dora, Florida 32757

bed 4
payment $2595/mo.

Spring Harbor Apartments

2501 Spring Harbor Cir, Mount Dora, Florida 32757

switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Mount Dora, 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 Mount Dora, 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 Mount Dora, Florida Affordable Housing ↓

What HUD offices serve Mount Dora, 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 Mount Dora, Florida.

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

How many renters live in Mount Dora, Florida?

The City of Mount Dora has people living in households.

There are renters living in renter households in this City. Renters make up 33.29 percent of the population living in Mount Dora.

What is the rental market like in Mount Dora, Florida?

There are an estimated housing units in the Mount Dora area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Mount Dora, Florida, there are 1.04 rental units.

What is the vacancy rate for rentals in Mount Dora?

The rental vacancy rate in Mount Dora is 4 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 Mount Dora for each bedroom size?

Occupied Rental Units by Size in Mount Dora
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
227 671 1,212 479 18
Occupied Rental Units by Size in Mount Dora

A large number of apartments in Mount Dora 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 Mount Dora

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 Mount Dora, Florida

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

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 104 46 percent
One BR 580 86 percent
Two BR 702 58 percent
Rental Units Below FMR in Mount Dora, Florida

How many affordable rental units are in Mount Dora?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Mount Dora, Florida

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

Income Based Apartments in Mount Dora, Florida

Mount Dora features 114 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 Mount Dora, Florida

There are 248 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mount Dora.

Housing Choice Vouchers in Mount Dora, Florida

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Mount Dora, 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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