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There are 794 low-income apartments in Saint Augustine that offer reduced rents to eligible households. Low-income rents in Saint Augustine, Florida can range from $1,130 to $1,625 depending on the number of bedrooms.
Rental assistance programs support 273 low-income homes in Saint Augustine where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $-4 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.
Saint Augustine, Florida Affordable Housing Data
Income Based Apartments in Saint Augustine, Florida
Saint Augustine features 273 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 Saint Augustine, Florida
There are 794 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Saint Augustine.
Housing Choice Vouchers in Saint Augustine, Florida
On average, Section 8 Housing Choice vouchers pay Saint Augustine landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Saint Augustine.
The maximum amount a voucher would pay on behalf of a low-income tenant in Saint Augustine, Florida for a two-bedroom apartment is between $1,444 and $1,764.
2024 Saint Augustine, 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 | |
|---|---|---|---|---|---|
| Saint Augustine, Florida Fair Market Rent | $1,240 | $1,354 | $1,604 | $2,027 | $2,579 |
| Saint Augustine, 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.
Saint Augustine, FL Affordable Housing Snapshot
| Total Affordable Apartment Properties | 15 |
|---|---|
| Total Low Income Apartments | 1,071 |
| Total Housing Units with Rental Assistance | 273 |
| Percentage of Housing Units Occupied By Renters | 45.35% |
| Average Renter Household Size | 2.35 |
| Average Household Size | 2.28 |
| Median Household Income | $42,958 ±$4,380 |
| Median Rent | $947 ±$58 |
| Percentage Of Renters Overburdened | 56.84% ± 8.48pp |
| Total Population | 13,676 |
Population and Household Demographics
Saint Augustine is a city in St. Johns County, Florida with a population of 13,676. There are 5,477 households in the city with an average household size of 2.28 persons. 45.35% of households in Saint Augustine are renters.
Income and Rent Overburden in Saint Augustine
The median gross income for households in Saint Augustine is $42,958 a year, or $3,580 a month. The median rent for the city is $947 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Saint Augustine, a household making less than $3,157 a month would be considered overburdened when renting an apartment at or above the median rent. 56.84% of households who rent are overburdened in Saint Augustine.
Area Median Income In Saint Augustine
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 Saint Augustine, the AMI is calculated from all households within St. Johns County.
In Saint Augustine, HUD calculates the Area Median Income for a family of four as $0
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 Saint Augustine
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.
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