Affordable Housing In South Pasadena
Pinellas County, Florida

2 Low Income Apartment Communities In South Pasadena

Bay Pointe Tower

880 OLEANDER WAY S
South Pasadena, Florida
Call For Rent
Studio-1 BR

Lutheran Residences

6800 Park St S
South Pasadena, Florida
Subsidized
62+
Accessible
Elderly Supportive Housing
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Section 8 Vouchers, Apartments, and Waiting Lists in South Pasadena, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving South Pasadena, Florida

Housing Authority Programs
Pinellas County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH)

Guide To Affordable Housing in South Pasadena, Florida

There are 2 low income housing apartment communities offering 280 affordable apartments for rent in South Pasadena, Florida.

Income Based Apartments in South Pasadena, Florida

South Pasadena features 280 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 South Pasadena, Florida

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in South Pasadena.

Housing Choice Vouchers in South Pasadena, Florida

On average, Section 8 Housing Choice vouchers pay South Pasadena landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in South Pasadena.

The maximum amount a voucher would pay on behalf of a low-income tenant in South Pasadena, Florida for a two-bedroom apartment is between $1,212 and $1,482.

2022 South Pasadena, 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
South Pasadena, Florida Fair Market Rent $1,044 $1,110 $1,347 $1,732 $2,133
South Pasadena, Florida Payment Standard Range $940 to $1,148 $999 to $1,221 $1,212 to $1,482 $1,559 to $1,905 $1,920 to $2,346

Sourced from federal housing data and AffordableHousingOnline.com research.

South Pasadena, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 280
Total Housing Units with Rental Assistance 280
Percentage of Housing Units Occupied By Renters 43.01%
Average Renter Household Size 1.33
Average Household Size 1.46
Median Household Income $33,789 ±$4,517
Median Rent $1,007 ±$127
Percentage Of Renters Overburdened 58.29% ± 11.96pp
Total Population 5,009

Population and Household Demographics

South Pasadena is a city in Pinellas County, Florida with a population of 5,009. There are 3,255 households in the city with an average household size of 1.46 persons. 43.01% of households in South Pasadena are renters.

Income and Rent Overburden in South Pasadena

The median gross income for households in South Pasadena is $33,789 a year, or $2,816 a month. The median rent for the city is $1,007 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In South Pasadena, a household making less than $3,357 a month would be considered overburdened when renting an apartment at or above the median rent. 58.29% of households who rent are overburdened in South Pasadena.

Area Median Income In South Pasadena

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 South Pasadena, the AMI is calculated from all households within Pinellas County.

In South Pasadena, HUD calculates the Area Median Income for a family of four as $72,700

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 South Pasadena

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 South Pasadena

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 South Pasadena AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,550 $17,750 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the South Pasadena AMI may qualify for rental assistance programs that target Very Low Income households.
$25,850 $29,550 $33,250 $36,900 $39,900 $42,850 $45,800 $48,750
80% AMI Income Limits
Renters earning up to 80% of the South Pasadena AMI may qualify for rental assistance programs that target Low Income households.
$41,350 $47,250 $53,150 $59,050 $63,800 $68,500 $73,250 $77,950