; Low Income Apartments For Rent in Moore Haven, FL

Sugar Country Apartments

626 West Ave. SW
Moore Haven, Florida
Rent Assisted
HOME
LIHTC
Call For Rent
1-2 BR

Moore Haven Commons

1101 Cactus Ave NW
Moore Haven, Florida
Subsidized
Rent Assisted
Senior
Supportive
LIHTC
RDRA
S515
Showing Results 1-15
  • «
  • 1
  • »

There are 50 low-income apartments in Moore Haven that offer reduced rents to eligible households.

Rental assistance programs support 28 low-income homes in Moore Haven where households pay rent based on how much they earn.

Affordable rent data for some communities last confirmed on February 19th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Moore Haven, Florida Affordable Housing Data

Income Based Apartments in Moore Haven, Florida

Moore Haven features 28 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 Moore Haven, Florida

There are 50 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Moore Haven.

Housing Choice Vouchers in Moore Haven, Florida

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Moore Haven, Florida for a two-bedroom apartment is between $902 and $1,102.

2024 Moore Haven, 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
Moore Haven, Florida Fair Market Rent $857 $862 $1,002 $1,220 $1,400
Moore Haven, Florida Payment Standard Range $771 to $943 $776 to $948 $902 to $1,102 $1,098 to $1,342 $1,260 to $1,540

Sourced from federal housing data and AffordableHousingOnline.com research.

Moore Haven, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 78
Total Housing Units with Rental Assistance 28
Percentage of Housing Units Occupied By Renters 40%
Average Renter Household Size 3.42
Average Household Size 4.27
Median Household Income $29,918 ±$4,262
Median Rent $743 ±$104
Percentage Of Renters Overburdened 60.31% ± 14.92pp
Total Population 2,818

Population and Household Demographics

Moore Haven is a city in Glades County, Florida with a population of 2,818. There are 655 households in the city with an average household size of 4.27 persons. 40% of households in Moore Haven are renters.

Income and Rent Overburden in Moore Haven

The median gross income for households in Moore Haven is $29,918 a year, or $2,493 a month. The median rent for the city is $743 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Moore Haven, a household making less than $2,477 a month would be considered overburdened when renting an apartment at or above the median rent. 60.31% of households who rent are overburdened in Moore Haven.

Area Median Income In Moore Haven

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Moore Haven, the AMI is calculated from all households within Glades County.

In Moore Haven, HUD calculates the Area Median Income for a family of four as $49,500

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 Moore Haven

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 Moore Haven

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 Moore Haven AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,580 $19,720 $24,860 $30,000 $34,700 $37,250 $39,850 $42,400
50% AMI Income Limits
Renters earning up to 50% of the Moore Haven AMI may qualify for rental assistance programs that target Very Low Income households.
$22,500 $25,700 $28,900 $32,100 $34,700 $37,250 $39,850 $42,400
80% AMI Income Limits
Renters earning up to 80% of the Moore Haven AMI may qualify for rental assistance programs that target Low Income households.
$35,950 $41,100 $46,250 $51,350 $55,500 $59,600 $63,700 $67,800