; Low Income Apartments For Rent in Palm River Clair Mel, FL

Public Housing Agencies Serving Palm River Clair Mel, 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)
Go to the Florida Public Housing and Low-Income Apartments Waiting Lists page for openings near Palm River Clair Mel.

Palm River Clair Mel, Florida Affordable Housing Data

Income Based Apartments in Palm River Clair Mel, Florida

Palm River Clair Mel 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 Palm River Clair Mel, Florida

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Palm River Clair Mel.

Housing Choice Vouchers in Palm River Clair Mel, Florida

On average, Section 8 Housing Choice vouchers pay Palm River Clair Mel landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Palm River Clair Mel.

The maximum amount a voucher would pay on behalf of a low-income tenant in Palm River Clair Mel, Florida for a two-bedroom apartment is between $1,666 and $2,036.

2024 Palm River Clair Mel, 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
Palm River Clair Mel, Florida Fair Market Rent $1,449 $1,562 $1,851 $2,367 $2,888
Palm River Clair Mel, 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.

Palm River Clair Mel, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 43.85%
Average Renter Household Size 2.87
Average Household Size 2.99
Median Household Income $37,998 ±$2,579
Median Rent $927 ±$39
Percentage Of Renters Overburdened 56.77% ± 7.09pp
Total Population 23,017

Population and Household Demographics

Palm River Clair Mel is a city in Hillsborough County, Florida with a population of 23,017. There are 7,676 households in the city with an average household size of 2.99 persons. 43.85% of households in Palm River Clair Mel are renters.

Income and Rent Overburden in Palm River Clair Mel

The median gross income for households in Palm River Clair Mel is $37,998 a year, or $3,167 a month. The median rent for the city is $927 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Palm River Clair Mel, a household making less than $3,090 a month would be considered overburdened when renting an apartment at or above the median rent. 56.77% of households who rent are overburdened in Palm River Clair Mel.

Area Median Income In Palm River Clair Mel

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 Palm River Clair Mel, the AMI is calculated from all households within Hillsborough County.

In Palm River Clair Mel, 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 Palm River Clair Mel

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 Palm River Clair Mel

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 Palm River Clair Mel 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 Palm River Clair Mel 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 Palm River Clair Mel 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