; Low Income Apartments For Rent in Polk County, FL

Palm Place Apartments

2401 2nd St NW
Winter Haven, Florida
Subsidized
PBRA
BMIR

Redwood Apartments

940 E Alfred Dr
Lake Alfred, Florida
Subsidized
Rent Assisted
Senior
Supportive
PBRA
S515

Lakeview Presbyterian Homes

515 E Orange St
Lakeland, Florida
Subsidized
Senior
S. 202
BMIR

Lake Wales Gardens

504 S 4th St
Lake Wales, Florida
Subsidized
PBRA
BMIR

Abilities at Eagles Nest

1920 E Edgewood Dr
Lakeland, Florida
Subsidized
Supportive
S. 811 Supportive

Crystalwood Apartments

1935 Crystal Grove Dr
Lakeland, Florida
Subsidized
PBRA
BMIR

Foxrun Apartments

620 East Brock Avenue
Homeland, Florida
Rent Assisted
Senior
Supportive
S515

Manor at West Bartow

850 N Gordon Ave
Bartow, Florida
Rent Assisted
LIHTC
Call For Rent
1-2 BR

Lakeview Tower

745 Avenue A SW
Winter Haven, Florida
Subsidized
Rent Assisted
PBRA
BMIR
S236
Income Based
Studio-1 BR

952 Caitlin Loop

952 Caitlin Loop
Haines City, Florida
$1,979
4 BR

702 Whitehurst Street

702 Whitehurst St
Lakeland, Florida
$1,595
3 BR

1526 Fort Meade Road

1526 Fort Meade Rd
Frostproof, Florida
$1,100
2 BR

1020 N Webster Ave, Lakeland, FL 33805

1020 N Webster Ave
Lakeland, Florida
$2,110
4 BR

634 Dr JA Wiltshire Ave

634 Dr JA Wiltshire Ave
Lake Wales, Florida
$1,600
3 BR

3208 Hilltop Ave, Lakeland, FL 33803

3208 S Hilltop Ave
Lakeland, Florida
$1,985
4 BR
Showing Results 31-45

There are 2,954 low-income apartments in Polk County that offer reduced rents to eligible households. Low-income rents in Polk County, Florida can range from $398 to $702 depending on the number of bedrooms.

Rental assistance programs support 3,513 low-income homes in Polk County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $380 towards rent each month.

Affordable rent data for some communities last confirmed on July 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Polk County, Florida Affordable Housing Data

Income Based Apartments in Polk County, Florida

Polk County features 3,513 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 Polk County, Florida

There are 2,954 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Polk County.

Housing Choice Vouchers in Polk County, Florida

On average, Section 8 Housing Choice vouchers pay Polk County landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Polk County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Polk County, Florida for a two-bedroom apartment is between $1,125 and $1,375.

2024 Polk 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
Polk County, Florida Fair Market Rent $1,006 $1,012 $1,250 $1,679 $2,121
Polk County, Florida Payment Standard Range $905 to $1,107 $911 to $1,113 $1,125 to $1,375 $1,511 to $1,847 $1,909 to $2,333

Sourced from federal housing data and AffordableHousingOnline.com research.

Polk County, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 136
Total Low Income Apartments 6,523
Total Housing Units with Rental Assistance 3,513
Percentage of Housing Units Occupied By Renters 31.19%
Average Renter Household Size 3.03
Average Household Size 2.77
Median Household Income $43,162 ±$880
Median Rent $870 ±$10
Percentage Of Renters Overburdened 48.98% ± 1.57pp
Total Population 626,676

Population and Household Demographics

Polk County is a county in Florida with a population of 626,676. There are 221,381 households in the county with an average household size of 2.77 persons. 31.19% of households in Polk County are renters.

Income and Rent Overburden in Polk County

The median gross income for households in Polk County is $43,162 a year, or $3,597 a month. The median rent for the county is $870 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Polk County, a household making less than $2,900 a month would be considered overburdened when renting an apartment at or above the median rent. 48.98% of households who rent are overburdened in Polk County.

Area Median Income In Polk 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 Polk County, HUD calculates the Area Median Income for a family of four as $74,300

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 Polk 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 Polk 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 Polk County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,000 $19,720 $24,860 $30,000 $35,140 $40,280 $44,300 $47,150
50% AMI Income Limits
Renters earning up to 50% of the Polk County AMI may qualify for rental assistance programs that target Very Low Income households.
$25,000 $28,600 $32,150 $35,700 $38,600 $41,450 $44,300 $47,150
80% AMI Income Limits
Renters earning up to 80% of the Polk County AMI may qualify for rental assistance programs that target Low Income households.
$40,000 $45,700 $51,400 $57,100 $61,700 $66,250 $70,850 $75,400