Temple Terrace, Florida Affordable Housing

Affordable Housing programs support 0 income based apartments in Temple Terrace where households pay rent based on how much they earn.

There are 10 affordable apartments in Temple Terrace that offer reduced rents to low-income households.

Waiting Lists in Temple Terrace, Florida

There are no open Section 8 Housing Choice Voucher waiting lists in Temple Terrace. Go to the Florida Section 8 Waiting Lists page for openings near Temple Terrace.

Nantucket Bay Apartments

11800 Sophia Dr
Temple Terrace, Florida
$613-791
1-2 BR
Affordable
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Affordable Housing Near Temple Terrace

View affordable apartments and waiting lists in cities near Temple Terrace

City Apartments
Tampa, FL Affordable Housing programs support 129 apartment communities in Tampa.
Brandon, FL Affordable Housing programs support 11 apartment communities in Brandon.
Plant City, FL Affordable Housing programs support 10 apartment communities in Plant City.
Riverview, FL Affordable Housing programs support 6 apartment communities in Riverview.
Ruskin, FL Affordable Housing programs support 5 apartment communities in Ruskin.

Public Housing Agencies Serving Temple Terrace, 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.

Waiting lists for project-based assistance, like the Public Housing program, are open:

Housing Authority Programs
Tampa Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Section 8 Project-Based Voucher (PBV)
Go to the Florida Public Housing and Low-Income Apartments Waiting Lists page for openings near Temple Terrace.

Temple Terrace, Florida Affordable Housing Data

Income Based Apartments in Temple Terrace, Florida

Temple Terrace features 0 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 Temple Terrace, Florida

There are 10 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Temple Terrace.

Housing Choice Vouchers in Temple Terrace, Florida

On average, Section 8 Housing Choice vouchers pay Temple Terrace landlords $700 per month towards rent. The average voucher holder contributes $500 towards rent in Temple Terrace.

The maximum amount a voucher would pay on behalf of a low-income tenant in Temple Terrace, Florida for a two-bedroom apartment is between $1,493 and $1,825.

2023 Temple Terrace, 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
Temple Terrace, Florida Fair Market Rent $1,291 $1,381 $1,659 $2,123 $2,603
Temple Terrace, Florida Payment Standard Range $1,162 to $1,420 $1,243 to $1,519 $1,493 to $1,825 $1,911 to $2,335 $2,343 to $2,863

Sourced from federal housing data and AffordableHousingOnline.com research.

Temple Terrace, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 10
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 46.49%
Average Renter Household Size 2.55
Average Household Size 2.54
Median Household Income $51,984 ±$3,445
Median Rent $975 ±$30
Percentage Of Renters Overburdened 49.57% ± 6.61pp
Total Population 25,354

Population and Household Demographics

Temple Terrace is a city in Hillsborough County, Florida with a population of 25,354. There are 9,815 households in the city with an average household size of 2.54 persons. 46.49% of households in Temple Terrace are renters.

Income and Rent Overburden in Temple Terrace

The median gross income for households in Temple Terrace is $51,984 a year, or $4,332 a month. The median rent for the city is $975 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Temple Terrace, a household making less than $3,250 a month would be considered overburdened when renting an apartment at or above the median rent. 49.57% of households who rent are overburdened in Temple Terrace.

Area Median Income In Temple Terrace

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 Temple Terrace, the AMI is calculated from all households within Hillsborough County.

In Temple Terrace, HUD calculates the Area Median Income for a family of four as $82,100

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 Temple Terrace

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 Temple Terrace

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 Temple Terrace AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,300 $19,750 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Temple Terrace AMI may qualify for rental assistance programs that target Very Low Income households.
$28,750 $32,850 $36,950 $41,050 $44,350 $47,650 $50,950 $54,200
80% AMI Income Limits
Renters earning up to 80% of the Temple Terrace AMI may qualify for rental assistance programs that target Low Income households.
$46,000 $52,600 $59,150 $65,700 $71,000 $76,250 $81,500 $86,750