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

Discover affordable housing in Windermere where there are 2+ 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.

Wildwood Terrace

500 Gillian St, Windermere, Florida 34785

Buena Vista Place II

8825 Buena Pl, Windermere, Florida 34786

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Windermere, Florida
$35.17/hour
$23.17 (+193%) more than Florida minimum wage and $27.92 (+385%) more than the Federal minimum wage.
Learn More About Windermere, Florida Affordable Housing ↓

What HUD offices serve Windermere, 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) programs for Windermere, Florida.

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

How many renters live in Windermere, Florida?

The City of Windermere has 3,043 people living in 1,217 households.

There are 212 renters living in 77 renter households in this City. Renters make up 6.97 percent of the population living in Windermere.

What is the rental market like in Windermere, Florida?

There are an estimated 1,351 housing units in the Windermere area. Of these, 100 units are rental homes, making up 7 percent of the housing market. For every renter household in Windermere, Florida, there are 1 rental units.

What is the vacancy rate for rentals in Windermere?

The rental vacancy rate in Windermere is 23 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Windermere for each bedroom size?

Occupied Rental Units by Size in Windermere
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 14 12 51
Occupied Rental Units by Size in Windermere

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

Among renter households in this market, 38 percent have housing cost burden. Further, 18 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 Windermere

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,558 to $2,849. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,558
One BR $1,638
Two BR $1,857
Three BR $2,362
Four BR $2,849
2024 Fair Market Rents in Windermere, Florida

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

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
Two BR 0 100 percent
Rental Units Below FMR in Windermere, Florida

How many affordable rental units are in Windermere?

Income Based Apartments in Windermere, Florida

Windermere 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 Windermere, Florida

There are 124 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Windermere.

Housing Choice Vouchers in Windermere, Florida

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Windermere, Florida for a two-bedroom apartment is between $1,671 and $2,043.

Sourced from federal housing data and AffordableHousingOnline.com research.