Affordable Housing In Nassau County
17 Low Income Apartment Communities In Nassau County
Guide To Affordable Housing in Nassau County, Florida
There are 17 low income housing apartment communities offering 806 affordable apartments for rent in Nassau County, Florida.
Income Based Apartments in Nassau County, Florida
Nassau County features 383 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 Nassau County, Florida
There are 423 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Nassau County.
Housing Choice Vouchers in Nassau County, Florida
On average, Section 8 Housing Choice vouchers pay Nassau County landlords $1,200 per month towards rent. The average voucher holder contributes $300 towards rent in Nassau County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Nassau County, Florida for a two-bedroom apartment is between $1,173 and $1,433.
2023 Nassau County, 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|
|Nassau County, Florida Fair Market Rent||$954||$1,102||$1,303||$1,676||$2,123|
|Nassau County, Florida Payment Standard Range||$859 to $1,049||$992 to $1,212||$1,173 to $1,433||$1,508 to $1,844||$1,911 to $2,335|
Sourced from federal housing data and AffordableHousingOnline.com research.
Nassau County, FL Affordable Housing Snapshot
|Total Affordable Apartment Properties||17|
|Total Low Income Apartments||806|
|Total Housing Units with Rental Assistance||383|
|Percentage of Housing Units Occupied By Renters||23.78%|
|Average Renter Household Size||2.64|
|Average Household Size||2.66|
|Median Household Income||$54,116 ±$2,461|
|Median Rent||$1,046 ±$57|
|Percentage Of Renters Overburdened||47.93% ± 5.79pp|
Population and Household Demographics
Nassau County is a county in Florida with a population of 75,880. There are 28,306 households in the county with an average household size of 2.66 persons. 23.78% of households in Nassau County are renters.
Income and Rent Overburden in Nassau County
The median gross income for households in Nassau County is $54,116 a year, or $4,510 a month. The median rent for the county is $1,046 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Nassau County, a household making less than $3,487 a month would be considered overburdened when renting an apartment at or above the median rent. 47.93% of households who rent are overburdened in Nassau County.
Area Median Income In Nassau 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 Nassau County, HUD calculates the Area Median Income for a family of four as $86,500
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 Nassau 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 Nassau County
|1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% AMI Income Limits
Renters earning up to 30% of the Nassau County AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Nassau County AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Nassau County AMI may qualify for rental assistance programs that target Low Income households.
Cities In Nassau County
Select A City to View its Apartment Communities and Waiting Lists.
|Fernandina Beach||The HUD funded Public Housing Agency that serves Fernandina Beach is the Housing Authority of City of Fernandina Beach.|
|Nassau Village Ratliff|