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Affordable Housing In Wakulla County

3 Low Income Apartment Communities In Wakulla County

Wakulla Trace Apartments

3 Celebrity Ln
Crawfordville, Florida

Summer Trace CO Parent Mgmt Co

45 Otter Lake Rd
Panacea, Florida
Disabled Supportive Housing

Wakulla Trace

47 Michael Dr
Crawfordville, Florida
Accepts Vouchers
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Housing Authorities that serve Wakulla County

Housing Authority Programs
North Central Florida Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Wakulla County, Florida

There are 3 low income housing apartment communities offering 98 affordable apartments for rent in Wakulla County, Florida.

Income Based Apartments in Wakulla County, Florida

Wakulla County features 64 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 Wakulla County, Florida

There are 34 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wakulla County.

Housing Choice Vouchers in Wakulla County, Florida

On average, Section 8 Housing Choice vouchers pay Wakulla County landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Wakulla County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Wakulla County, Florida for a two-bedroom apartment is between $840 and $1,026.

2020 Wakulla County, 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
Fair Market Rent $608 $761 $933 $1,163 $1,638
Payment Standard Range $547 to $669 $685 to $837 $840 to $1,026 $1,047 to $1,279 $1,474 to $1,802

Sourced from federal housing data and research.

Wakulla County, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 98
Total Housing Units with Rental Assistance 64
Percentage of Housing Units Occupied By Renters 25.19%
Average Renter Household Size 2.79
Average Household Size 2.57
Median Household Income $50,340 ±$4,378
Median Rent $827 ±$40
Percentage Of Renters Overburdened 39.03% ± 9.15pp
Total Population 31,128

Population and Household Demographics

Wakulla County is a county in Florida with a population of 31,128. There are 10,691 households in the county with an average household size of 2.57 persons. 25.19% of households in Wakulla County are renters.

Income and Rent Overburden in Wakulla County

The median gross income for households in Wakulla County is $50,340 a year, or $4,195 a month. The median rent for the county is $827 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Wakulla County, a household making less than $2,757 a month would be considered overburdened when renting an apartment at or above the median rent. 39.03% of households who rent are overburdened in Wakulla County.

Area Median Income In Wakulla County

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.

In Wakulla County, HUD calculates the Area Median Income for a family of four as $70,000

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 Wakulla County

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 Wakulla County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,700 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $24,450 $27,950 $31,450 $34,900 $37,700 $40,500 $43,300 $46,100
80% of Median $39,100 $44,700 $50,300 $55,850 $60,350 $64,800 $69,300 $73,750

Cities In Wakulla County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Crawfordville The HUD funded Public Housing Agency that serves Crawfordville is the North Central Florida Housing Authority.
Panacea The HUD funded Public Housing Agency that serves Panacea is the North Central Florida Housing Authority.
Sopchoppy The HUD funded Public Housing Agency that serves Sopchoppy is the North Central Florida Housing Authority.
St. Marks The HUD funded Public Housing Agency that serves St. Marks is the North Central Florida Housing Authority.