Riverview, Florida Affordable Housing

Affordable Housing programs support 0 income based apartments in Riverview where households pay rent based on how much they earn.

There are 1,560 affordable apartments in Riverview that offer reduced rents to low-income households.

Waiting Lists in Riverview, Florida

There are no open Section 8 Housing Choice Voucher waiting lists in Riverview. Go to the Florida Section 8 Waiting Lists page for openings near Riverview.

Kensington Gardens

6008 Farmington Oaks Pl
Riverview, Florida
Affordable

Windermere Apartments

9474 Windermere Lake Drive
Riverview, Florida
Affordable

Summer Palms

10349 Big Bend Rd
Riverview, Florida
Affordable

Bayou Crossing Apartments

10310 Zackary Cir
Riverview, Florida
Affordable

Bayou Cr0ssing

10305 Zackery Cir
Riverview, Florida
Affordable

Cristina Woods

9807 Lychee Loop
Riverview, Florida
Affordable
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Affordable Housing Near Riverview

View affordable apartments and waiting lists in cities near Riverview

City Apartments
Tampa, FL Affordable Housing programs support 129 apartment communities in Tampa.
Brandon, FL Affordable Housing programs support 11 apartment communities in Brandon.
Plant City, FL Affordable Housing programs support 10 apartment communities in Plant City.
Ruskin, FL Affordable Housing programs support 5 apartment communities in Ruskin.
Wimauma, FL Affordable Housing programs support 4 apartment communities in Wimauma.

Public Housing Agencies Serving Riverview, 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.

Waiting lists for project-based assistance, like the Public Housing program, are open:

Housing Authority Programs
Tampa Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Section 8 Project-Based Voucher (PBV)
Go to the Florida Public Housing and Low-Income Apartments Waiting Lists page for openings near Riverview.

Riverview, Florida Affordable Housing Data

Income Based Apartments in Riverview, Florida

Riverview 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 Riverview, Florida

There are 1,560 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Riverview.

Housing Choice Vouchers in Riverview, Florida

On average, Section 8 Housing Choice vouchers pay Riverview landlords $700 per month towards rent. The average voucher holder contributes $600 towards rent in Riverview.

The maximum amount a voucher would pay on behalf of a low-income tenant in Riverview, Florida for a two-bedroom apartment is between $1,493 and $1,825.

2023 Riverview, Florida Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Riverview, Florida Fair Market Rent $1,291 $1,381 $1,659 $2,123 $2,603
Riverview, Florida Payment Standard Range $1,162 to $1,420 $1,243 to $1,519 $1,493 to $1,825 $1,911 to $2,335 $2,343 to $2,863

Sourced from federal housing data and AffordableHousingOnline.com research.

Riverview, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 1,560
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 28.35%
Average Renter Household Size 3.18
Average Household Size 3.01
Median Household Income $66,497 ±$2,221
Median Rent $1,203 ±$50
Percentage Of Renters Overburdened 44.53% ± 5.36pp
Total Population 79,886

Population and Household Demographics

Riverview is a city in Hillsborough County, Florida with a population of 79,886. There are 26,495 households in the city with an average household size of 3.01 persons. 28.35% of households in Riverview are renters.

Income and Rent Overburden in Riverview

The median gross income for households in Riverview is $66,497 a year, or $5,541 a month. The median rent for the city is $1,203 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Riverview, a household making less than $4,010 a month would be considered overburdened when renting an apartment at or above the median rent. 44.53% of households who rent are overburdened in Riverview.

Area Median Income In Riverview

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 Riverview, the AMI is calculated from all households within Hillsborough County.

In Riverview, HUD calculates the Area Median Income for a family of four as $82,100

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 Riverview

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 HUD Rental Assistance in Riverview

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Riverview AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,300 $19,750 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Riverview AMI may qualify for rental assistance programs that target Very Low Income households.
$28,750 $32,850 $36,950 $41,050 $44,350 $47,650 $50,950 $54,200
80% AMI Income Limits
Renters earning up to 80% of the Riverview AMI may qualify for rental assistance programs that target Low Income households.
$46,000 $52,600 $59,150 $65,700 $71,000 $76,250 $81,500 $86,750