Affordable Housing In Seminole County
29 Low Income Apartment Communities In Seminole County
Housing Authorities that serve Seminole County
|Seminole County Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
Guide To Affordable Housing in Seminole County, Florida
There are 29 low income housing apartment communities offering 5,072 affordable apartments for rent in Seminole County, Florida.
Income Based Apartments in Seminole County, Florida
Seminole County features 720 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 Seminole County, Florida
There are 4,352 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Seminole County.
Housing Choice Vouchers in Seminole County, Florida
On average, Section 8 Housing Choice vouchers pay Seminole County landlords $1,100 per month towards rent. The average voucher holder contributes $400 towards rent in Seminole County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Seminole County, Florida for a two-bedroom apartment is between $1,123 and $1,373.
2020 Seminole 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|
|Fair Market Rent||$989||$1,064||$1,248||$1,636||$1,956|
|Payment Standard Range||$890 to $1,088||$958 to $1,170||$1,123 to $1,373||$1,472 to $1,800||$1,760 to $2,152|
Sourced from federal housing data and AffordableHousingOnline.com research.
Seminole County, FL Affordable Housing Snapshot
|Total Affordable Apartment Properties||29|
|Total Low Income Apartments||5,072|
|Total Housing Units with Rental Assistance||720|
|Percentage of Housing Units Occupied By Renters||32.41%|
|Average Renter Household Size||2.73|
|Average Household Size||2.85|
|Median Household Income||$57,010 ±$1,158|
|Median Rent||$1,077 ±$14|
|Percentage Of Renters Overburdened||50.97% ± 1.93pp|
Population and Household Demographics
Seminole County is a county in Florida with a population of 437,346. There are 152,260 households in the county with an average household size of 2.85 persons. 32.41% of households in Seminole County are renters.
Income and Rent Overburden in Seminole County
The median gross income for households in Seminole County is $57,010 a year, or $4,751 a month. The median rent for the county is $1,077 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Seminole County, a household making less than $3,590 a month would be considered overburdened when renting an apartment at or above the median rent. 50.97% of households who rent are overburdened in Seminole County.
Area Median Income In Seminole 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 Seminole County, HUD calculates the Area Median Income for a family of four as $68,100
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 Seminole 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 Seminole County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$15,300||$17,450||$21,720||$26,200||$30,680||$35,160||$39,640||$44,120|
|50% of Median||$25,450||$29,100||$32,750||$36,350||$39,300||$42,200||$45,100||$48,000|
|80% of Median||$40,750||$46,550||$52,350||$58,150||$62,850||$67,500||$72,150||$76,800|
Cities In Seminole County
Select A City to View its Apartment Communities and Waiting Lists.
|Casselberry||The HUD funded Public Housing Agency that serves Casselberry is the Seminole County Housing Authority.|
|Lake Mary||The HUD funded Public Housing Agency that serves Lake Mary is the Seminole County Housing Authority.|
|Longwood||The HUD funded Public Housing Agency that serves Longwood is the Seminole County Housing Authority.|
|Oviedo||The HUD funded Public Housing Agency that serves Oviedo is the Seminole County Housing Authority.|
|Sanford||The HUD funded Public Housing Agencies that serve Sanford are the Sanford Housing Authority and Seminole County Housing Authority.|