; Low Income Apartments For Rent in Rockledge, FL

Apply to Rockledge Apartment Waiting Lists

Hammock Harbor

1330 Naples Cir
Rockledge, Florida
Rent Assisted
LIHTC

Springwood Estates

951 Eyster Blvd
Rockledge, Florida
Subsidized
Senior
S. 202

Woodsmere Estates

980 Bridle Ln
Rockledge, Florida
Subsidized
Senior
S. 202

3848 Lexmark Ln Unit 401

3848 Lexmark Ln Unit 401
Rockledge, Florida
$1,800
3 BR

1081 Coronado Drive

1081 Coronado Dr
Rockledge, Florida
$2,040
4 BR

1024 PORPOISE DR, ROCKLEDGE, FL 32955

1024 Porpoise Dr
Rockledge, Florida
$1,920
3 BR
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There are 122 low-income apartments in Rockledge that offer reduced rents to eligible households.

Rental assistance programs support 39 low-income homes in Rockledge where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $440 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.

Public Housing Agencies Serving Rockledge, 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
Housing Authority of Brevard County Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the Florida Public Housing and Low-Income Apartments Waiting Lists page for openings near Rockledge.

Rockledge, Florida Affordable Housing Data

Income Based Apartments in Rockledge, Florida

Rockledge features 39 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 Rockledge, Florida

There are 122 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rockledge.

Housing Choice Vouchers in Rockledge, Florida

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Rockledge, Florida for a two-bedroom apartment is between $1,291 and $1,577.

2024 Rockledge, 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
Rockledge, Florida Fair Market Rent $1,034 $1,214 $1,434 $1,938 $2,263
Rockledge, Florida Payment Standard Range $931 to $1,137 $1,093 to $1,335 $1,291 to $1,577 $1,744 to $2,132 $2,037 to $2,489

Sourced from federal housing data and AffordableHousingOnline.com research.

Rockledge, FL Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 164
Total Housing Units with Rental Assistance 39
Percentage of Housing Units Occupied By Renters 24.64%
Average Renter Household Size 2.81
Average Household Size 2.51
Median Household Income $57,346 ±$6,653
Median Rent $1,011 ±$57
Percentage Of Renters Overburdened 40.38% ± 8.02pp
Total Population 25,798

Population and Household Demographics

Rockledge is a city in Brevard County, Florida with a population of 25,798. There are 10,171 households in the city with an average household size of 2.51 persons. 24.64% of households in Rockledge are renters.

Income and Rent Overburden in Rockledge

The median gross income for households in Rockledge is $57,346 a year, or $4,779 a month. The median rent for the city is $1,011 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Rockledge, a household making less than $3,370 a month would be considered overburdened when renting an apartment at or above the median rent. 40.38% of households who rent are overburdened in Rockledge.

Area Median Income In Rockledge

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 Rockledge, the AMI is calculated from all households within Brevard County.

In Rockledge, HUD calculates the Area Median Income for a family of four as $89,600

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 Rockledge

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 Rockledge

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 Rockledge AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,100 $20,650 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Rockledge AMI may qualify for rental assistance programs that target Very Low Income households.
$30,100 $34,400 $38,700 $43,000 $46,450 $49,900 $53,350 $56,800
80% AMI Income Limits
Renters earning up to 80% of the Rockledge AMI may qualify for rental assistance programs that target Low Income households.
$48,150 $55,000 $61,900 $68,750 $74,250 $79,750 $85,250 $90,750