Pemberly Palms

840 5th Ave, Vero Beach, FL 32960

Waiting List Forecast: Likely Short or None

check_circleVerified for 2021 by Lorena Bentley
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 - 2 Baths 775 - 1,200 Sq Ft
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Pets Allowed
check_circle  Affordable

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

The ultimate living experience is conveniently located in Vero Beach, Florida at Pemberly Palms Apartments. Whether you prefer a walk-in style or upper level apartment home, you will experience such features as fully equipped kitchens with a breakfast bar area, oversized closets with built-in organizers, washer/dryer connections, and much more the moment that you walk in. With one, two, and three bedroom homes offered, you will be sure to enjoy the open concept that each floor plan features. Pemberly Palms is located just minutes away from Florida’s Treasure Coast, downtown Vero Beach, major interstates such as the A1A and I-95, and is in close proximity to many superb shopping, dining, and entertainment destinations. For those wanting to stay nearby to take advantage of the the beautiful Florida weather, a sparkling pool with large sundeck, a sand volleyball court, and nature trails with serene ponds are all available to enjoy. Whether it is the prime location or the convenience of desired amenities, Pemberly Palms offers something for everyone.

 

managed by Greystone Rents

Dave's Thoughts On Pemberly Palms

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Pemberly Palms does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Pemberly Palms Amenities

  • Fitness Center
  • Playground
  • On-Site Manager
  • Pool
  • 24hr Emergency Maintenance
  • Central Air
  • Blinds
  • Fully Equipped Kitchen
  • Laundry Facility
  • Full-Size Washer & Dryer Connections

Units at Pemberly Palms

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 775ft2 Call for Price
Two Bedroom (2/2) 1075ft2 Call for Price
Three Bedroom (3/2) 1200ft2 Call for Price

Income Qualification for Pemberly Palms

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
50% AMI for LIHTC Units $27,750 / year $31,700 / year $35,650 / year $39,600 / year $42,800 / year $45,950 / year
50% AMI for PBRA Units $27,750 / year $31,700 / year $35,650 / year $39,600 / year $42,800 / year $45,950 / year
60% AMI for LIHTC Units $33,300 / year $38,040 / year $42,780 / year $47,520 / year $51,360 / year $55,140 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Pemberly Palms

Does Pemberly Palms have a waiting list?

Pemberly Palms probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Pemberly Palms?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

In addition to Pemberly Palms, how many other affordable housing properties (and units) are there in Vero Beach?

In addition to Pemberly Palms, we list 28 other affordable properties in Vero Beach. Learn about these properties here. Our data research shows that there are a total of 2902 affordable units in Vero Beach.

Listings Near Pemberly Palms

Amelia Village

3605 16th Street , Vero Beach, Florida 32960

bed 1-2
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based

Sunset Apartments

4166 45th Place, Vero Beach, Florida 32967

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
elderly Senior

Orangewood Park Apartments

3820 42nd. Place, Vero Beach, Florida 32967

bed 2-4
switch_access_shortcut Short Wait

Victory Park Apartments

3985 King Place, Vero Beach, Florida 32967

bed 2-4
switch_access_shortcut Short Wait

River Park Place

790 3rd Cir, Vero Beach, Florida 32962

switch_access_shortcut Short Wait
accessibility Accessible

Heritage Villas I

4049 44th Mnr, Vero Beach, Florida 32967

switch_access_shortcut Short Wait
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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