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

Discover affordable housing in Pace where there are 14+ 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.

Andora Villas

4260 E Hwy 90, Pace, Florida 32571

4765 Malay Cir

4765 Malay Cir, Pace, Florida 32571

bed 4
payment $2015/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

4640 Crossing Ct

4640 Crossing Ct, Pace, Florida 32571

bed 3
payment $1695/mo.

5022 Patterson Ln

5022 Patterson Ln, Pace, Florida 32571

bed 4
payment $1900/mo.

5648 Peach Dr

5648 Peach Dr, Pace, Florida 32571

bed 4
payment $2150/mo.

5664 Peach Dr

5664 Peach Dr, Pace, Florida 32571

bed 3
payment $1675/mo.

5760 Conley Ct

5760 Conley Ct, Pace, Florida 32571

bed 4
payment $2000/mo.

4731 Winterdale Dr

4731 Winterdale Dr, Pace, Florida 32571

bed 4
payment $1895/mo.

4601 Rambling Way

4601 Rambling Way, Pace, Florida 32571

bed 4
payment $1975/mo.

5205 Chumuckla Hwy

5205 Chumuckla Hwy, Pace, Florida 32571

bed 3
payment $1695/mo.

4725 La Casa Cir

4725 La Casa Cir, Pace, Florida 32571

bed 4
payment $1895/mo.

4726 Praline Ln

4726 Praline Ln, Pace, Florida 32571

bed 3
payment $1300/mo.

4427 Village Oak Ln

4427 Village Oak Ln, Pace, Florida 32571

bed 3
payment $1695/mo.

Magnolia Crossing

4312 Magnolia Crossing Cir, Pace, Florida 32571

switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Pace, 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 Pace, 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 Pace, Florida Affordable Housing ↓

How many renters live in Pace, Florida?

The City of Pace has people living in households.

There are renters living in renter households in this City. Renters make up 15.98 percent of the population living in Pace.

What is the rental market like in Pace, Florida?

There are an estimated housing units in the Pace area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Pace, Florida, there are 1.03 rental units.

What is the vacancy rate for rentals in Pace?

The rental vacancy rate in Pace is 3 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 Pace for each bedroom size?

Occupied Rental Units by Size in Pace
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
57 57 488 531 327
Occupied Rental Units by Size in Pace

A large number of apartments in Pace 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 Pace

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 Pace, Florida

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

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 57 100 percent
One BR 50 88 percent
Two BR 297 61 percent
Rental Units Below FMR in Pace, Florida

How many affordable rental units are in Pace?

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

Federal Program Unit Count
Low Income Housing Tax Credit
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Pace, Florida

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

Income Based Apartments in Pace, Florida

Pace features 35 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 Pace, Florida

There are 56 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pace.

Housing Choice Vouchers in Pace, Florida

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.

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