Affordable Housing In Port Orange
Volusia County, Florida

4 Low Income Apartment Communities In Port Orange

Epiphany Manor

4792 S Ridgewood Ave
Port Orange, FL
62+
Accessible
Elderly Supportive Housing
Subsidized

Ashton Point

6315 S Williamson Blvd
Port Orange, FL
HCV Welcome

New Constr Mlt Fam. - Club at Sugar Mill

Dulawton/Herbert & Roselle/Locust
Port Orange, FL
HCV Welcome

New Const Mlt - Fam Club at Sugarmill Apartments

3635 Caramel Ave
Port Orange, FL
HCV Welcome
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Housing Authorities that serve Port Orange

Housing Authority Programs
Volusia County Community Assistance Division Section 8 Housing Choice Voucher (HCV); Public Housing
New Smyrna Beach Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Ormond Beach Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Port Orange, Florida

There are 4 low income housing apartment communities offering 518 affordable apartments for rent in Port Orange, Florida. Port Orange features 72 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 446 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Port Orange.

Sourced from federal housing data and AffordableHousingOnline.com research.

Port Orange, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 518
Total Housing Units with Rental Assistance 72
Percentage of Housing Units Occupied By Renters 24.72%
Average Renter Household Size 2.62
Average Household Size 2.37
Median Household Income $43,353 ±$2,296
Median Rent $986 ±$32
Percentage Of Renters Overburdened 51.84% ± 6.14pp
Total Population 57,858

Population and Household Demographics

Port Orange is a City in Volusia County, Florida with a population of 57,858. There are 24,356 households in the city with an average household size of 2.37 persons. 24.72% of households in Port Orange are renters.

Income and Rent Overburden in Port Orange

The median gross income for households in Port Orange is $43,353 a year, or $3,613 a month. The median rent for the city is $986 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Port Orange, a household making less than $3,287 a month would be considered overburdened when renting an apartment at or above the median rent. 51.84% of households who rent are overburdened in Port Orange.1

Area Median Income In Port Orange

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 Port Orange, the AMI is calculated from all households within Volusia County.

In Port Orange, HUD calculates the Area Median Income for a family of four as $59,100

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 Port Orange

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 Port Orange HUD Rental Assistance in Port Orange

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,850 $16,910 $21,330 $25,750 $30,170 $34,590 $37,950 $40,400
50% of Median $21,450 $24,500 $27,550 $30,600 $33,050 $35,500 $37,950 $40,400
80% of Median $34,300 $39,200 $44,100 $48,950 $52,900 $56,800 $60,700 $64,650
Low Income Housing Tax Credits in Port Orange

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 2000 to 2002, 2 low income apartment communities containing 435 rental apartments have been constructed and made affordable to low income persons in Port Orange by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Port Orange

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $21,450 $24,500 $27,550 $30,600 $33,050 $35,500 $37,950 $40,400
60% of Median $25,740 $29,400 $33,060 $36,720 $39,660 $42,600 $45,540 $48,480

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Port Orange is $33,060 a year, or $2,755 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,755 by 30% to get a maximum rent of $827 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $536 $574 $689 $796 $888 $979
60% $644 $689 $827 $955 $1,065 $1,175
Fair Market Rents in Port Orange

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$750 $900 $1,111 $1,494 $1,690