Low Income Apartments and Affordable Housing For Rent in St Lucie County, FL

Discover affordable housing in St Lucie County where there are 2+ 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.

Belmount at St. Lucie West

Building 15 Unit 201, 128 SW Peacock Blvd, Port St Lucie, Florida 34986

Peacock Run

5502 NW East Torino Pkwy, Port St Lucie, Florida 34986

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In St Lucie County, Florida
$29.79/hour
$17.79 (+148%) more than Florida minimum wage and $22.54 (+311%) more than the Federal minimum wage.
Learn More About St Lucie County, Florida Affordable Housing ↓

How many renters live in St Lucie County, Florida?

The County of St Lucie County has 358,704 people living in 134,215 households.

There are 71,867 renters living in 27,262 renter households in this County. Renters make up 20.04 percent of the population living in St Lucie County.

What is the rental market like in St Lucie County, Florida?

There are an estimated 160,613 housing units in the St Lucie County area. Of these, 31,428 units are rental homes, making up 20 percent of the housing market. For every renter household in St Lucie County, Florida, there are 1 rental units.

What is the vacancy rate for rentals in St Lucie County?

The rental vacancy rate in St Lucie County is 11 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in St Lucie County for each bedroom size?

Occupied Rental Units by Size in St Lucie County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,267 3,437 10,660 10,611 2,846
Occupied Rental Units by Size in St Lucie County

A large number of apartments in St Lucie County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in St Lucie County are overburdened by housing costs?

Among renter households in this market, 61 percent have housing cost burden. Further, 40 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in St Lucie County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,278 to $2,433. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,278
One BR $1,286
Two BR $1,573
Three BR $2,175
Four BR $2,433
2024 Fair Market Rents in St Lucie County, Florida

How many units are rented at Fair Market Rent (FMR) in St Lucie County?

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 951 75 percent
One BR 2,281 66 percent
Two BR 7,604 71 percent
Rental Units Below FMR in St Lucie County, Florida

How many affordable rental units are in St Lucie County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 2,605
Public Housing 824
Section 8 Project-Based Rental Assistance 228
Section 202 Supportive Housing for the Elderly 50
Tracked Units by Federal Program in St Lucie County, Florida

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

Income Based Apartments in St Lucie County, Florida

St Lucie County features 0 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 St Lucie County, Florida

There are 264 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in St Lucie County.

Housing Choice Vouchers in St Lucie County, Florida

On average, Section 8 Housing Choice vouchers pay St Lucie County landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in St Lucie County.

The maximum amount a voucher would pay on behalf of a low-income tenant in St Lucie County, Florida for a two-bedroom apartment is between $1,416 and $1,730.

Sourced from federal housing data and AffordableHousingOnline.com research.