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Low Income Apartments and Affordable Housing For Rent in South Pasadena, FL

Discover affordable housing in South Pasadena where there are 2+ 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.

Image of Bay Pointe Tower

Bay Pointe Tower

880 OLEANDER WAY S, South Pasadena, Florida 33707

bed Studio-1
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
Image of Lutheran Residences

Lutheran Residences

6800 Park St S, South Pasadena, Florida 33707

How To Identify Affordable Housing in South Pasadena, 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 South Pasadena, Florida
$35.06/hour
$23.06 (+192%) more than Florida minimum wage and $27.81 (+384%) more than the Federal minimum wage.
Learn More About South Pasadena, Florida Affordable Housing ↓

What HUD offices serve 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.

Pinellas County Housing Authority
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Homeownership Voucher, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH) programs for South Pasadena, Florida.

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

How many renters live in South Pasadena, Florida?

The City of South Pasadena has people living in households.

There are renters living in renter households in this City. Renters make up 32.79 percent of the population living in South Pasadena.

What is the rental market like in South Pasadena, Florida?

There are an estimated housing units in the South Pasadena area. Of these, units are rental homes, making up percent of the housing market. For every renter household in South Pasadena, Florida, there are 1.06 rental units.

What is the vacancy rate for rentals in South Pasadena?

The rental vacancy rate in South Pasadena is 3 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in South Pasadena for each bedroom size?

Occupied Rental Units by Size in South Pasadena
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
390 494 483 0 0
Occupied Rental Units by Size in South Pasadena

A large number of apartments in South Pasadena 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 South Pasadena

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,449 to $2,888. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,449
One BR $1,562
Two BR $1,851
Three BR $2,367
Four BR $2,888
2024 Fair Market Rents in South Pasadena, Florida

How many units are rented at Fair Market Rent (FMR) in South Pasadena?

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 228 58 percent
One BR 333 67 percent
Two BR 47 10 percent
Rental Units Below FMR in South Pasadena, Florida

How many affordable rental units are in South Pasadena?

Income Based Apartments in South Pasadena, Florida

South Pasadena features 390 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 $1,666 and $2,036.

Sourced from federal housing data and AffordableHousingOnline.com research.