Affordable Housing In Oviedo
Seminole County, Florida

6 Low Income Apartment Communities In Oviedo

Loma Vista

5200 Loma Vista Cir
Oviedo, Florida

Mystic Cove

2780 Mystic Lake Dr
Oviedo, Florida

Covington Club

134 Callan Way
Oviedo, Florida

Barrington Place Apartments

2734 Chaddsford Cir
Oviedo, Florida

Oviedo Town Centre IV

450 Fontana Cir
Oviedo, Florida

Academy Place Villas

251 Academy Ave
Oviedo, Florida
  • «
  • 1
  • »

Section 8 Vouchers, Apartments, and Waiting Lists in Oviedo, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Oviedo, Florida

Housing Authority Programs
Seminole County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Oviedo, Florida

There are 6 low income housing apartment communities offering 1,027 affordable apartments for rent in Oviedo, Florida.

Income Based Apartments in Oviedo, Florida

Oviedo features 30 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 Oviedo, Florida

There are 997 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Oviedo.

Housing Choice Vouchers in Oviedo, Florida

On average, Section 8 Housing Choice vouchers pay Oviedo landlords $1,300 per month towards rent. The average voucher holder contributes $600 towards rent in Oviedo.

The maximum amount a voucher would pay on behalf of a low-income tenant in Oviedo, Florida for a two-bedroom apartment is between $1,454 and $1,778.

2023 Oviedo, 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
Oviedo, Florida Fair Market Rent $1,338 $1,422 $1,616 $2,064 $2,503
Oviedo, Florida Payment Standard Range $1,204 to $1,472 $1,280 to $1,564 $1,454 to $1,778 $1,858 to $2,270 $2,253 to $2,753

Sourced from federal housing data and research.

Oviedo, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 1,027
Total Housing Units with Rental Assistance 30
Percentage of Housing Units Occupied By Renters 21.47%
Average Renter Household Size 3.44
Average Household Size 3.41
Median Household Income $80,378 ±$4,174
Median Rent $1,344 ±$69
Percentage Of Renters Overburdened 47.83% ± 7.08pp
Total Population 36,617

Population and Household Demographics

Oviedo is a city in Seminole County, Florida with a population of 36,617. There are 10,721 households in the city with an average household size of 3.41 persons. 21.47% of households in Oviedo are renters.

Income and Rent Overburden in Oviedo

The median gross income for households in Oviedo is $80,378 a year, or $6,698 a month. The median rent for the city is $1,344 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Oviedo, a household making less than $4,480 a month would be considered overburdened when renting an apartment at or above the median rent. 47.83% of households who rent are overburdened in Oviedo.

Area Median Income In Oviedo

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 Oviedo, the AMI is calculated from all households within Seminole County.

In Oviedo, HUD calculates the Area Median Income for a family of four as $80,100

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 Oviedo

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 Oviedo

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 Oviedo AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,400 $19,900 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Oviedo AMI may qualify for rental assistance programs that target Very Low Income households.
$29,050 $33,200 $37,350 $41,450 $44,800 $48,100 $51,400 $54,750
80% AMI Income Limits
Renters earning up to 80% of the Oviedo AMI may qualify for rental assistance programs that target Low Income households.
$46,450 $53,050 $59,700 $66,300 $71,650 $76,950 $82,250 $87,550