Low Income Apartments and Affordable Housing For Rent in Wauchula, FL

Discover affordable housing in Wauchula where there are 7+ 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.

The Palms

701 La Playa Drive, Wauchula, Florida 33873

Country Walk Apartments

252 Maxwell Drive, Wauchula, Florida 33873

River Chase Apartments

316 Rust Ave, Wauchula, Florida 33873

Forest Glade

700 E Townsend St, Wauchula, Florida 33873

Wauchula Gardens

1020 Makowski Rd, Wauchula, Florida 33873

Valencia Gardens

637 S 5th Ave, Wauchula, Florida 33873

Chatham Pointe Senior

338 Stenstrom Rd, Wauchula, Florida 33873

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Wauchula, Florida
$17.99/hour
$5.99 (+50%) more than Florida minimum wage and $10.74 (+148%) more than the Federal minimum wage.
Learn More About Wauchula, Florida Affordable Housing ↓

How many renters live in Wauchula, Florida?

The City of Wauchula has 4,898 people living in 1,804 households.

There are 2,800 renters living in 1,026 renter households in this City. Renters make up 57.17 percent of the population living in Wauchula.

What is the rental market like in Wauchula, Florida?

There are an estimated 2,056 housing units in the Wauchula area. Of these, 1,056 units are rental homes, making up 51 percent of the housing market. For every renter household in Wauchula, Florida, there are 1 rental units.

What is the vacancy rate for rentals in Wauchula?

The rental vacancy rate in Wauchula is 3 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 Wauchula for each bedroom size?

Occupied Rental Units by Size in Wauchula
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 248 445 293 40
Occupied Rental Units by Size in Wauchula

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

Among renter households in this market, 64 percent have housing cost burden. Further, 41 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 Wauchula

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $718 to $1,327. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $718
One BR $723
Two BR $950
Three BR $1,235
Four BR $1,327
2024 Fair Market Rents in Wauchula, Florida

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

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 93 38 percent
Two BR 260 58 percent
Rental Units Below FMR in Wauchula, Florida

How many affordable rental units are in Wauchula?

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

Federal Program Unit Count
Low Income Housing Tax Credit 269
Section 8 Project-Based Rental Assistance 19
Section 202 Supportive Housing for the Elderly 1
USDA Section 515 Rural Rental Housing 99
Tracked Units by Federal Program in Wauchula, Florida

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

Income Based Apartments in Wauchula, Florida

Wauchula features 212 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 Wauchula, Florida

There are 235 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Wauchula.

Housing Choice Vouchers in Wauchula, Florida

On average, Section 8 Housing Choice vouchers pay Wauchula landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Wauchula.

The maximum amount a voucher would pay on behalf of a low-income tenant in Wauchula, Florida for a two-bedroom apartment is between $855 and $1,045.

Sourced from federal housing data and AffordableHousingOnline.com research.