Post Oak Apartments
Countryside Apartments
Sandridge Apartments
Pine Terrace Apts., Phase III
Buccaneer Villas Apartments
Yulee Villas Apartments
Cantebury of Hilliard
Pine Tree Apartments
Peppertree
There are 314 low-income apartments in Nassau County that offer reduced rents to eligible households. Low-income rents in Nassau County, Florida can range from $691 to $850 depending on the number of bedrooms.
Rental assistance programs support 539 low-income homes in Nassau County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $339 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.
Nassau County, Florida Affordable Housing Data
Income Based Apartments in Nassau County, Florida
Nassau County features 539 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 Nassau County, Florida
There are 314 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Nassau County.
Housing Choice Vouchers in Nassau County, Florida
On average, Section 8 Housing Choice vouchers pay Nassau County landlords $1,200 per month towards rent. The average voucher holder contributes $300 towards rent in Nassau County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Nassau County, Florida for a two-bedroom apartment is between $1,444 and $1,764.
2024 Nassau 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 | |
|---|---|---|---|---|---|
| Nassau County, Florida Fair Market Rent | $1,240 | $1,354 | $1,604 | $2,027 | $2,579 |
| Nassau County, Florida Payment Standard Range | $1,116 to $1,364 | $1,219 to $1,489 | $1,444 to $1,764 | $1,824 to $2,230 | $2,321 to $2,837 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Nassau County, FL Affordable Housing Snapshot
| Total Affordable Apartment Properties | 39 |
|---|---|
| Total Low Income Apartments | 875 |
| Total Housing Units with Rental Assistance | 539 |
| Percentage of Housing Units Occupied By Renters | 23.78% |
| Average Renter Household Size | 2.64 |
| Average Household Size | 2.66 |
| Median Household Income | $54,116 ±$2,461 |
| Median Rent | $1,046 ±$57 |
| Percentage Of Renters Overburdened | 47.93% ± 5.79pp |
| Total Population | 75,880 |
Population and Household Demographics
Nassau County is a county in Florida with a population of 75,880. There are 28,306 households in the county with an average household size of 2.66 persons. 23.78% of households in Nassau County are renters.
Income and Rent Overburden in Nassau County
The median gross income for households in Nassau County is $54,116 a year, or $4,510 a month. The median rent for the county is $1,046 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Nassau County, a household making less than $3,487 a month would be considered overburdened when renting an apartment at or above the median rent. 47.93% of households who rent are overburdened in Nassau County.
Area Median Income In Nassau 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 Nassau County, HUD calculates the Area Median Income for a family of four as $93,300
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 Nassau 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 Nassau 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 Nassau County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$18,600 | $21,250 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% AMI Income Limits Renters earning up to 50% of the Nassau County AMI may qualify for rental assistance programs that target Very Low Income households. |
$31,000 | $35,400 | $39,850 | $44,250 | $47,800 | $51,350 | $54,900 | $58,450 |
| 80% AMI Income Limits Renters earning up to 80% of the Nassau County AMI may qualify for rental assistance programs that target Low Income households. |
$49,600 | $56,650 | $63,750 | $70,800 | $76,500 | $82,150 | $87,800 | $93,500 |
© 2002-2024 ApartmentSmart.com, Inc.
Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs.