. Low Income Apartments For Rent in Sarasota County, Florida - Affordable Housing Online

Willow Creek Apartments

6851 Willow Creek Circle
North Port, Florida
Rent Assisted
LIHTC
$545-645
1-2 BR

J. H. Floyd Sunshine Village

1777 18th St
Sarasota, Florida
Subsidized
Senior
S. 202
Income Based
Studio-1 BR

Meadow Park

1845 18th St
Sarasota, Florida
Subsidized
Senior
S. 202
Call For Rent
1 BR

Bayou Oaks

1160 Four Seasons Circle
Sarasota, Florida
Rent Assisted
LIHTC
Call For Rent
1-2 BR

Beneva Oak Apartments

650 N Beneva Rd
Sarasota, Florida
Subsidized
Senior
S. 202
Call For Rent
1-2 BR

Mccown Towers

1320 6th Street
Sarasota, Florida
Subsidized
Rent Assisted
PBRA
LIHTC
Call For Rent
1 BR

Lofts on Lemon

750 Cohen Way
Sarasota, Florida
Rent Assisted
LIHTC
Call For Rent
1-3 BR

Arbor Village

2901 Fruitville Road
Sarasota, Florida
Rent Assisted
LIHTC
Local Program
Call For Rent
1-2 BR

Amaryllis Park Place

2012 N Orange Ave
Sarasota, Florida
Subsidized
Rent Assisted
Public Housing
LIHTC
Call For Rent
1-2 BR

Willow Creek II

6961 Willow Creek Cir
North Port, Florida
Rent Assisted
LIHTC

Casa Santa Marta

1576 8th St
Sarasota, Florida
Subsidized
Senior
S. 202

Orchard Place of Sarasota

1300 N Lockwood Ridge Rd
Sarasota, Florida
Subsidized
Supportive
S. 811 Supportive

Casa Santa Marta II

800 N Lemon Ave
Sarasota, Florida
Subsidized
Senior
S. 202

University Club

3203 Nature Cir
Sarasota, Florida
Rent Assisted
LIHTC
$740-1,092
1-4 BR

Victoria Pointe

3950 S Sumter Blvd
North Port, Florida
Rent Assisted
Senior
Supportive
S. 515 Rural
$430-555
1-2 BR
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There are 1,418 low-income apartments in Sarasota County that offer reduced rents to eligible households. Low-income rents in Sarasota County, Florida can range from $430 to $1,092 depending on the number of bedrooms.

Rental assistance programs support 823 low-income homes in Sarasota County where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $390 towards rent each month.

Affordable rent data for some communities last confirmed on February 15th, 2023. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Sarasota County, 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.

Housing Authority Programs
Sarasota Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV); Family Unification Program (FUP)
Go to the Florida Public Housing and Low-Income Apartments Waiting Lists page for openings near Sarasota County.

Sarasota County, Florida Affordable Housing Data

Income Based Apartments in Sarasota County, Florida

Sarasota County features 823 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 Sarasota County, Florida

There are 1,418 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sarasota County.

Housing Choice Vouchers in Sarasota County, Florida

On average, Section 8 Housing Choice vouchers pay Sarasota County landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Sarasota County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Sarasota County, Florida for a two-bedroom apartment is between $1,434 and $1,752.

2023 Sarasota County, 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
Sarasota County, Florida Fair Market Rent $1,065 $1,277 $1,593 $2,112 $2,514
Sarasota County, Florida Payment Standard Range $959 to $1,172 $1,149 to $1,405 $1,434 to $1,752 $1,901 to $2,323 $2,263 to $2,765

Sourced from federal housing data and AffordableHousingOnline.com research.

Sarasota County, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 24
Total Low Income Apartments 2,241
Total Housing Units with Rental Assistance 823
Percentage of Housing Units Occupied By Renters 26.95%
Average Renter Household Size 2.27
Average Household Size 2.21
Median Household Income $51,766 ±$769
Median Rent $1,023 ±$21
Percentage Of Renters Overburdened 49% ± 1.93pp
Total Population 392,038

Population and Household Demographics

Sarasota County is a county in Florida with a population of 392,038. There are 175,185 households in the county with an average household size of 2.21 persons. 26.95% of households in Sarasota County are renters.

Income and Rent Overburden in Sarasota County

The median gross income for households in Sarasota County is $51,766 a year, or $4,314 a month. The median rent for the county is $1,023 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Sarasota County, a household making less than $3,410 a month would be considered overburdened when renting an apartment at or above the median rent. 49% of households who rent are overburdened in Sarasota County.

Area Median Income In Sarasota County

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.

In Sarasota County, HUD calculates the Area Median Income for a family of four as $98,700

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 Sarasota County

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 Sarasota County

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 Sarasota County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,200 $21,950 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Sarasota County AMI may qualify for rental assistance programs that target Very Low Income households.
$32,000 $36,600 $41,150 $45,700 $49,400 $53,050 $56,700 $60,350
80% AMI Income Limits
Renters earning up to 80% of the Sarasota County AMI may qualify for rental assistance programs that target Low Income households.
$51,200 $58,500 $65,800 $73,100 $78,950 $84,800 $90,650 $96,500