Belmont Heights Estates
North Grove Manor Apartments
Patrician Arms I & II
San Clemente Villas
Kings Arms
Kings Manor Apartments
Village at University Square Apartments
San Clemente Villas
There are 13,821 low-income apartments in Hillsborough County that offer reduced rents to eligible households. Low-income rents in Hillsborough County, Florida can range from $414 to $969 depending on the number of bedrooms.
Rental assistance programs support 8,619 low-income homes in Hillsborough County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $398 towards rent each month.
Affordable rent data for some communities last confirmed on July 2nd, 2024. Subdsidized rents typically change once a year based on federal guidance.
Public Housing Agencies Serving Hillsborough 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.
| Housing Authority | Programs |
|---|---|
| Tampa Housing Authority | Section 8 Housing Choice Voucher (HCV); Public Housing; Section 8 Project-Based Voucher (PBV) |
Hillsborough County, Florida Affordable Housing Data
Income Based Apartments in Hillsborough County, Florida
Hillsborough County features 8,619 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 Hillsborough County, Florida
There are 13,821 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hillsborough County.
Housing Choice Vouchers in Hillsborough County, Florida
On average, Section 8 Housing Choice vouchers pay Hillsborough County landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Hillsborough County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Hillsborough County, Florida for a two-bedroom apartment is between $1,666 and $2,036.
2024 Hillsborough 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 | |
|---|---|---|---|---|---|
| Hillsborough County, Florida Fair Market Rent | $1,449 | $1,562 | $1,851 | $2,367 | $2,888 |
| Hillsborough County, Florida Payment Standard Range | $1,304 to $1,594 | $1,406 to $1,718 | $1,666 to $2,036 | $2,130 to $2,604 | $2,599 to $3,177 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Hillsborough County, FL Affordable Housing Snapshot
| Total Affordable Apartment Properties | 391 |
|---|---|
| Total Low Income Apartments | 23,045 |
| Total Housing Units with Rental Assistance | 8,619 |
| Percentage of Housing Units Occupied By Renters | 41.51% |
| Average Renter Household Size | 2.53 |
| Average Household Size | 2.64 |
| Median Household Income | $50,579 ±$420 |
| Median Rent | $965 ±$6 |
| Percentage Of Renters Overburdened | 51.59% ± 1.03pp |
| Total Population | 1,302,884 |
Population and Household Demographics
Hillsborough County is a county in Florida with a population of 1,302,884. There are 486,078 households in the county with an average household size of 2.64 persons. 41.51% of households in Hillsborough County are renters.
Income and Rent Overburden in Hillsborough County
The median gross income for households in Hillsborough County is $50,579 a year, or $4,215 a month. The median rent for the county is $965 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hillsborough County, a household making less than $3,217 a month would be considered overburdened when renting an apartment at or above the median rent. 51.59% of households who rent are overburdened in Hillsborough County.
Area Median Income In Hillsborough 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 Hillsborough County, HUD calculates the Area Median Income for a family of four as $89,400
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 Hillsborough 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 Hillsborough County
| 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person | |
|---|---|---|---|---|---|---|---|---|
| 30% AMI Income Limits Renters earning up to 30% of the Hillsborough County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$18,250 | $20,850 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% AMI Income Limits Renters earning up to 50% of the Hillsborough County AMI may qualify for rental assistance programs that target Very Low Income households. |
$30,450 | $34,800 | $39,150 | $43,450 | $46,950 | $50,450 | $53,900 | $57,400 |
| 80% AMI Income Limits Renters earning up to 80% of the Hillsborough County AMI may qualify for rental assistance programs that target Low Income households. |
$48,650 | $55,600 | $62,550 | $69,500 | $75,100 | $80,650 | $86,200 | $91,750 |
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