Low Income Apartments and Affordable Housing For Rent in Punta Gorda, FL

Discover affordable housing in Punta Gorda where there are 43+ 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.

25347 Cadiz Dr

25347 Cadiz Dr, Punta Gorda, Florida 33955

bed 4
payment $2180/mo.

25522 Rampart Blvd

25522 Rampart Blvd, Punta Gorda, Florida 33983

bed 3
payment $1769/mo.

13325 Menderes Dr

13325 Menderes Dr, Punta Gorda, Florida 33955

bed 3
payment $1525/mo.

5400 Riverside Dr

5400 Riverside Dr, Punta Gorda, Florida 33982

bed 1
payment $999/mo.

16366 Larocha Dr

16366 Larocha Dr, Punta Gorda, Florida 33955

bed 4
payment $2190/mo.

5400 Riverside Dr

5400 Riverside Dr, Punta Gorda, Florida 33982

bed 1
payment $999/mo.

7633 W Lenox Cir

7633 W Lenox Cir, Punta Gorda, Florida 33950

bed 3
payment $1900/mo.

7217 N Blue Sage

7217 N Blue Sage, Punta Gorda, Florida 33955

bed 3
payment $1945/mo.

25133 Remus Ct

25133 Remus Ct, Punta Gorda, Florida 33983

bed 3
payment $1740/mo.

3942 San Rocco Dr Unit 112

3942 San Rocco Dr Unit 112, Punta Gorda, Florida 33950

bed 3
payment $1850/mo.

25238 Cadiz Dr

25238 Cadiz Dr, Punta Gorda, Florida 33955

bed 4
payment $2295/mo.

1042 Navigator Rd

1042 Navigator Rd, Punta Gorda, Florida 33983

bed 3
payment $1900/mo.

26408 View Dr

26408 View Dr, Punta Gorda, Florida 33983

bed 4
payment $2100/mo.

1327 Persay Dr

1327 Persay Dr, Punta Gorda, Florida 33982

bed 3
payment $1799/mo.

7217 N Blue Sage

7217 N Blue Sage, Punta Gorda, Florida 33955

bed 3
payment $1945/mo.

2936 Vasco St

2936 Vasco St, Punta Gorda, Florida 33950

bed 3
payment $1900/mo.

495 Cartagena St

495 Cartagena St, Punta Gorda, Florida 33983

bed 3
payment $1879/mo.

2408 Triton Terrace

2408 Triton Terrace, Punta Gorda, Florida 33983

bed 3
payment $1795/mo.

27279 Green Gulf Blvd

27279 Green Gulf Blvd, Punta Gorda, Florida 33955

bed 3
payment $1760/mo.

16228 Paloma Ct

16228 Paloma Ct, Punta Gorda, Florida 33955

bed 4
payment $2175/mo.

How To Identify Affordable Housing in Punta Gorda, 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 Punta Gorda, Florida
$26.14/hour
$14.14 (+118%) more than Florida minimum wage and $18.89 (+261%) more than the Federal minimum wage.
Learn More About Punta Gorda, Florida Affordable Housing ↓

What HUD offices serve Punta Gorda, 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Mainstream Voucher programs for Punta Gorda, Florida.

Go to the Florida Public Housing and Low-Income Apartments Waiting Lists page for openings near Punta Gorda.

How many renters live in Punta Gorda, Florida?

The City of Punta Gorda has people living in households.

There are renters living in renter households in this City. Renters make up 16.57 percent of the population living in Punta Gorda.

What is the rental market like in Punta Gorda, Florida?

There are an estimated housing units in the Punta Gorda area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Punta Gorda, Florida, there are 1.11 rental units.

What is the vacancy rate for rentals in Punta Gorda?

The rental vacancy rate in Punta Gorda is 8 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 Punta Gorda for each bedroom size?

Occupied Rental Units by Size in Punta Gorda
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
57 248 940 444 31
Occupied Rental Units by Size in Punta Gorda

A large number of apartments in Punta Gorda 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 Punta Gorda

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,089 to $2,306. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,089
One BR $1,121
Two BR $1,380
Three BR $1,945
Four BR $2,306
2024 Fair Market Rents in Punta Gorda, Florida

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

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 8 14 percent
One BR 202 81 percent
Two BR 590 63 percent
Rental Units Below FMR in Punta Gorda, Florida

How many affordable rental units are in Punta Gorda?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Punta Gorda, Florida

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

Income Based Apartments in Punta Gorda, Florida

Punta Gorda features 150 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 Punta Gorda, Florida

There are 1,058 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Punta Gorda.

Housing Choice Vouchers in Punta Gorda, Florida

On average, Section 8 Housing Choice vouchers pay Punta Gorda landlords $800 per month towards rent. The average voucher holder contributes $300 towards rent in Punta Gorda.

The maximum amount a voucher would pay on behalf of a low-income tenant in Punta Gorda, Florida for a two-bedroom apartment is between $1,242 and $1,518.

Sourced from federal housing data and AffordableHousingOnline.com research.

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