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

Discover affordable housing in Wakulla County where there are 3+ 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.

Wakulla Trace

47 Michael Dr, Crawfordville, Florida 32327

Wakulla Trace Apartments

3 Celebrity Ln, Crawfordville, Florida 32327

Summer Trace CO Parent Mgmt Co

45 Otter Lake Rd, Panacea, Florida 32346

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Wakulla County, Florida
$22.27/hour
$10.27 (+86%) more than Florida minimum wage and $15.02 (+207%) more than the Federal minimum wage.
Learn More About Wakulla County, Florida Affordable Housing ↓

What HUD offices serve Wakulla 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 programs for Wakulla County, Florida.

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

How many renters live in Wakulla County, Florida?

The County of Wakulla County has 33,732 people living in 11,932 households.

There are 5,475 renters living in 2,245 renter households in this County. Renters make up 16.23 percent of the population living in Wakulla County.

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

There are an estimated 13,843 housing units in the Wakulla County area. Of these, 2,361 units are rental homes, making up 17 percent of the housing market. For every renter household in Wakulla County, Florida, there are 1 rental units.

What is the vacancy rate for rentals in Wakulla County?

The rental vacancy rate in Wakulla County is 5 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 Wakulla County for each bedroom size?

Occupied Rental Units by Size in Wakulla County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 45 787 1,397 16
Occupied Rental Units by Size in Wakulla County

A large number of apartments in Wakulla 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 Wakulla County are overburdened by housing costs?

Among renter households in this market, 46 percent have housing cost burden. Further, 21 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 Wakulla County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $940 to $1,685. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $940
One BR $1,046
Two BR $1,176
Three BR $1,494
Four BR $1,685
2024 Fair Market Rents in Wakulla County, Florida

How many units are rented at Fair Market Rent (FMR) in Wakulla 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
One BR 22 49 percent
Two BR 532 68 percent
Rental Units Below FMR in Wakulla County, Florida

How many affordable rental units are in Wakulla County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 64
Public Housing 2
USDA Section 515 Rural Rental Housing 64
Tracked Units by Federal Program in Wakulla County, Florida

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

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 $1,058 and $1,294.

Sourced from federal housing data and AffordableHousingOnline.com research.