Affordable Housing In Okaloosa County
Florida

15 Low Income Apartment Communities In Okaloosa County

Crestview I

1450 Coremo Drive
Crestview, Florida
Call For Rent
1-2 BR

Bent Creek I

209 Bent Creek Road
Crestview, Florida
Call For Rent
1-2 BR

Wildwood

400 Kelly Rd
Niceville, Florida
Call For Rent
1 BR
Subsidized

Brookmeade Villas

102 Noble Cir
Crestview, Florida
Subsidized

Brentwood Apartment

107 Brentwood Ln
Crestview, Florida

White Sands Manor

40 Windham Ave SE
Fort Walton Beach, Florida
Subsidized
62+
Accessible
Elderly Supportive Housing

Choctaw Village

859 Gibson Rd
Fort Walton Beach, Florida
Subsidized

Westminster Manor II

45 Windham Ave SE
Fort Walton Beach, Florida
Subsidized
62+
Accessible
Elderly Supportive Housing

Partin Heights

207 Camellia Pl
Niceville, Florida

Guide To Affordable Housing in Okaloosa County, Florida

There are 15 low income housing apartment communities offering 1,324 affordable apartments for rent in Okaloosa County, Florida.

Income Based Apartments in Okaloosa County, Florida

Okaloosa County features 836 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 Okaloosa County, Florida

There are 488 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Okaloosa County.

Housing Choice Vouchers in Okaloosa County, Florida

On average, Section 8 Housing Choice vouchers pay Okaloosa County landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Okaloosa County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Okaloosa County, Florida for a two-bedroom apartment is between $1,055 and $1,289.

2022 Okaloosa 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
Okaloosa County, Florida Fair Market Rent $981 $987 $1,172 $1,542 $1,997
Okaloosa County, Florida Payment Standard Range $883 to $1,079 $888 to $1,086 $1,055 to $1,289 $1,388 to $1,696 $1,797 to $2,197

Sourced from federal housing data and AffordableHousingOnline.com research.

Okaloosa County, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 15
Total Low Income Apartments 1,324
Total Housing Units with Rental Assistance 836
Percentage of Housing Units Occupied By Renters 36.49%
Average Renter Household Size 2.47
Average Household Size 2.50
Median Household Income $55,880 ±$1,223
Median Rent $1,024 ±$21
Percentage Of Renters Overburdened 47.15% ± 2.55pp
Total Population 192,237

Population and Household Demographics

Okaloosa County is a county in Florida with a population of 192,237. There are 74,884 households in the county with an average household size of 2.50 persons. 36.49% of households in Okaloosa County are renters.

Income and Rent Overburden in Okaloosa County

The median gross income for households in Okaloosa County is $55,880 a year, or $4,657 a month. The median rent for the county is $1,024 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Okaloosa County, a household making less than $3,413 a month would be considered overburdened when renting an apartment at or above the median rent. 47.15% of households who rent are overburdened in Okaloosa County.

Area Median Income In Okaloosa 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 Okaloosa County, HUD calculates the Area Median Income for a family of four as $78,600

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 Okaloosa 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 Okaloosa 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 Okaloosa County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,550 $18,900 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Okaloosa County AMI may qualify for rental assistance programs that target Very Low Income households.
$27,550 $31,450 $35,400 $39,300 $42,450 $45,600 $48,750 $51,900
80% AMI Income Limits
Renters earning up to 80% of the Okaloosa County AMI may qualify for rental assistance programs that target Low Income households.
$44,050 $50,350 $56,650 $62,900 $67,950 $73,000 $78,000 $83,050

Cities In Okaloosa County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Cinco Bayou
Crestview The HUD funded Public Housing Agency that serves Crestview is the Crestview Housing Authority.
Destin
Eglin AFB
Fort Walton Beach The HUD funded Public Housing Agency that serves Fort Walton Beach is the Fort Walton Beach Housing Authority.
Lake Lorraine
Laurel Hill
Mary Esther
Niceville The HUD funded Public Housing Agencies that serve Niceville are the Niceville Housing Authority and Fort Walton Beach Housing Authority.
Ocean City
Shalimar
Valparaiso
Wright