Royal Arms Apartments

1420 Balboa Avenue, Panama City, FL 32401

Waiting List Forecast: Likely Long or Closed

check_circleVerified for 2019 by Colleen Carter, Ric Gresia
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 Bath -
check_circle  Project-Based Rental Assistance

Waitlist Forecast

Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Royal Arms Apartments is located between Lisenby and Harrison Avenue in Panama City, FL.
Dave's Thoughts On Royal Arms Apartments

Since Royal Arms Apartments participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Royal Arms Apartments Amenities

  • Playground
  • Close to Dining
  • Close to Public Transportation
  • Near Park
  • Laundry Room
  • 24hr Emergency Maintenance
  • Off-Street Parking
  • Cable Ready
  • Window Coverings

Units at Royal Arms Apartments

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price
Three Bedroom (3/1) - Call for Price

Income Qualification for Royal Arms Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
30% AMI for PBRA Units $16,550 / year $19,720 / year $24,860 / year $30,000 / year $35,140 / year $40,280 / year
50% AMI for LIHTC Units $27,550 / year $31,500 / year $35,450 / year $39,350 / year $42,500 / year $45,650 / year
50% AMI for PBRA Units $27,550 / year $31,500 / year $35,450 / year $39,350 / year $42,500 / year $45,650 / year
80% AMI for PBRA Units $44,100 / year $50,400 / year $56,700 / year $62,950 / year $68,000 / year $73,050 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Royal Arms Apartments

Does Royal Arms Apartments have a waiting list?

Royal Arms Apartments probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Royal Arms Apartments?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

What property management company manges Royal Arms Apartments?

Royal Arms Apartments is managed by Royal American Management headquartered in Panama City, Florida.

In addition to Royal Arms Apartments, how many other affordable housing properties (and units) are there in Panama City?

In addition to Royal Arms Apartments, we list 121 other affordable properties in Panama City. Learn about these properties here. Our data research shows that there are a total of 1841 affordable units in Panama City.

Listings Near Royal Arms Apartments

Magnolia Pointe Apartments

2437 East 11th Street, Panama City, Florida 32401

bed 2-4
payment $563-813/mo.
accessibility Accessible

Pana Villa Redevelopment

1802 Flower Avenue, Panama City, Florida 32405

bed 1-4
switch_access_shortcut Short Wait
accessibility Accessible

Gatewood

7100 Noel Rd, Panama City, Florida 32404

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Edgewood Garden Apartments

3325 W 23rd St, Panama City, Florida 32405

bed 1-4
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Foxwood Apartments

1701 Hamilton Avenue, Panama City, Florida 32405

payment Subsidized
accessibility Accessible

Macedonia Gardens

1722 W 17th St, Panama City, Florida 32405

payment Subsidized
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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