Low Income Apartments For Rent in Oakland Park, FL

Rental assistance programs support 0 low-income homes in Oakland Park where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $419 towards rent each month.

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Oakland Park, 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
Broward County Housing Authority	Section 8 Housing Choice Voucher (HCV); Section 8 Project-Based Rental Assistance (PBRA); Rental Assistance Demonstration (RAD)
Housing Authority of the City of Fort Lauderdale	Section 8 Housing Choice Voucher (HCV); Public Housing

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

Oakland Park, Florida Affordable Housing Data

Income Based Apartments in Oakland Park, Florida

Oakland Park 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 Oakland Park, Florida

There are 437 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Oakland Park.

Housing Choice Vouchers in Oakland Park, Florida

On average, Section 8 Housing Choice vouchers pay Oakland Park landlords $1,100 per month towards rent. The average voucher holder contributes $400 towards rent in Oakland Park.

The maximum amount a voucher would pay on behalf of a low-income tenant in Oakland Park, Florida for a two-bedroom apartment is between $1,892 and $2,312.

2024 Oakland Park, 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
Oakland Park, Florida Fair Market Rent	$1,573	$1,692	$2,102	$2,916	$3,567
Oakland Park, Florida Payment Standard Range	$1,416 to $1,730	$1,523 to $1,861	$1,892 to $2,312	$2,624 to $3,208	$3,210 to $3,924

Sourced from federal housing data and AffordableHousingOnline.com research.

Oakland Park, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 2

Total Low Income Apartments 437

Total Housing Units with Rental Assistance 0

Percentage of Housing Units Occupied By Renters 47.15%

Average Renter Household Size 2.63

Average Household Size 2.57

Median Household Income $45,357 ±$2,573

Median Rent $1,071 ±$24

Percentage Of Renters Overburdened 59.49% ± 5.19pp

Total Population 43,347

Total Affordable Apartment Properties	2
Total Low Income Apartments	437
Total Housing Units with Rental Assistance	0
Percentage of Housing Units Occupied By Renters	47.15%
Average Renter Household Size	2.63
Average Household Size	2.57
Median Household Income	$45,357 ±$2,573
Median Rent	$1,071 ±$24
Percentage Of Renters Overburdened	59.49% ± 5.19pp
Total Population	43,347

Population and Household Demographics

Oakland Park is a city in Broward County, Florida with a population of 43,347. There are 16,837 households in the city with an average household size of 2.57 persons. 47.15% of households in Oakland Park are renters.

Income and Rent Overburden in Oakland Park

The median gross income for households in Oakland Park is $45,357 a year, or $3,780 a month. The median rent for the city is $1,071 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Oakland Park, a household making less than $3,570 a month would be considered overburdened when renting an apartment at or above the median rent. 59.49% of households who rent are overburdened in Oakland Park.

Area Median Income In Oakland Park

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 Oakland Park, the AMI is calculated from all households within Broward County.

In Oakland Park, HUD calculates the Area Median Income for a family of four as $88,500

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 Oakland Park

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 Oakland Park

	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 Oakland Park AMI may qualify for rental assistance programs that target Extremely Low Income households.	$20,200	$23,050	$25,950	$30,000	$35,140	$40,280	$45,420	$50,560
50% AMI Income Limits Renters earning up to 50% of the Oakland Park AMI may qualify for rental assistance programs that target Very Low Income households.	$33,600	$38,400	$43,200	$48,000	$51,850	$55,700	$59,550	$63,400
80% AMI Income Limits Renters earning up to 80% of the Oakland Park AMI may qualify for rental assistance programs that target Low Income households.	$53,800	$61,450	$69,150	$76,800	$82,950	$89,100	$95,250	$101,400