Low Income Apartments and Affordable Housing For Rent in Sarasota County, FL

Discover affordable housing in Sarasota County where there are 26+ 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.

Willow Creek Apartments

6851 Willow Creek Circle, North Port, Florida 34287

J. H. Floyd Sunshine Village

1777 18th St, Sarasota, Florida 34234

Meadow Park

1845 18th St, Sarasota, Florida 34234

Bayou Oaks

1160 Four Seasons Circle , Sarasota, Florida 34234

Janies Garden

2350 Central Ave, Sarasota, Florida 34234

Mccown Towers/ Annex

1320 6th Street, Sarasota, Florida 34236

Lofts on Lemon

750 Cohen Way, Sarasota, Florida 34236

Casa Santa Marta II

800 N Lemon Ave, Sarasota, Florida 34236

Casa Santa Marta

1576 8th St, Sarasota, Florida 34236

Beneva Oak Apartments

650 N Beneva Rd, Sarasota, Florida 34232

Arbor Village

2901 Fruitville Road, Sarasota, Florida 34237

Amaryllis Park Place

2012 N Orange Ave, Sarasota, Florida 34234

Willow Creek II

6961 Willow Creek Cir, North Port, Florida 34287

Orchard Place of Sarasota

1300 N Lockwood Ridge Rd, Sarasota, Florida 34237

University Club

3203 Nature Cir, Sarasota, Florida 34235

Victoria Pointe

3950 S Sumter Blvd, North Port, Florida 34287

Palm Place Apartments

7693 Alicia Ln, Sarasota, Florida 34243

Harrison Apartment

2575 University Parkway, Sarasota, Florida 34243

Rolling Green

2596 Twin Dr, Sarasota, Florida 34234

Venetian Walk

201 Grove St S, Venice, Florida 34285

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Sarasota County, Florida
$34.38/hour
$22.38 (+186%) more than Florida minimum wage and $27.13 (+374%) more than the Federal minimum wage.
Learn More About Sarasota County, Florida Affordable Housing ↓

What HUD offices serve 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.

Operates the 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) programs for Sarasota County, Florida.

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

How many renters live in Sarasota County, Florida?

The County of Sarasota County has 462,286 people living in 215,125 households.

There are 107,565 renters living in 51,621 renter households in this County. Renters make up 23.27 percent of the population living in Sarasota County.

What is the rental market like in Sarasota County, Florida?

There are an estimated 266,148 housing units in the Sarasota County area. Of these, 57,311 units are rental homes, making up 22 percent of the housing market. For every renter household in Sarasota County, Florida, there are 1 rental units.

What is the vacancy rate for rentals in Sarasota County?

The rental vacancy rate in Sarasota County is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Sarasota County for each bedroom size?

Occupied Rental Units by Size in Sarasota County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2,307 9,643 22,916 13,534 2,876
Occupied Rental Units by Size in Sarasota County

A large number of apartments in Sarasota County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Sarasota County are overburdened by housing costs?

Among renter households in this market, 52 percent have housing cost burden. Further, 29 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Sarasota County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,230 to $2,875. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,230
One BR $1,502
Two BR $1,815
Three BR $2,416
Four BR $2,875
2024 Fair Market Rents in Sarasota County, Florida

How many units are rented at Fair Market Rent (FMR) in Sarasota County?

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 442 19 percent
One BR 5,018 52 percent
Two BR 7,460 33 percent
Rental Units Below FMR in Sarasota County, Florida

How many affordable rental units are in Sarasota County?

There are a variety of federal affordable housing programs serving households in Sarasota County, Florida including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 1,052
Public Housing 143
Section 8 Project-Based Rental Assistance 352
Section 236 Rental Assistance 2
Section 202 Supportive Housing for the Elderly 175
Section 811 Supportive Housing for Persons with Disabilities 40
USDA Section 515 Rural Rental Housing 80
Tracked Units by Federal Program in Sarasota County, Florida

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Sarasota County, Florida

Sarasota County features 1,216 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 1,122 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 $1,634 and $1,997.

Sourced from federal housing data and AffordableHousingOnline.com research.