; Low Income Apartments For Rent in Florida, NY

62 North Main Street, Florida, Ny

62 N Main St
Florida, New York
Rent Assisted
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There are 8 low-income apartments in Florida that offer reduced rents to eligible households.

Rental assistance programs support 0 low-income homes in Florida where households pay rent based on how much they earn.

Affordable rent data for some communities last confirmed on July 5th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Florida, New York Affordable Housing Data

Income Based Apartments in Florida, New York

Florida 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 Florida, New York

There are 8 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Florida.

Housing Choice Vouchers in Florida, New York

On average, Section 8 Housing Choice vouchers pay Florida landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Florida.

The maximum amount a voucher would pay on behalf of a low-income tenant in Florida, New York for a two-bedroom apartment is between $823 and $1,005.

2024 Florida, New York 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
Florida, New York Fair Market Rent $745 $780 $914 $1,166 $1,251
Florida, New York Payment Standard Range $671 to $820 $702 to $858 $823 to $1,005 $1,049 to $1,283 $1,126 to $1,376

Sourced from federal housing data and AffordableHousingOnline.com research.

Florida, NY Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 8
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters %
Average Renter Household Size 0.00
Average Household Size 0.00
Median Household Income $0 ±$0
Median Rent $0 ±$0
Total Population 0

Population and Household Demographics

Florida is a city in Montgomery County, New York with a population of 0. There are 0 households in the city with an average household size of 0.00 persons. % of households in Florida are renters.

Income and Rent Overburden in Florida

The median gross income for households in Florida is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Area Median Income In Florida

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 Florida, the AMI is calculated from all households within Montgomery County.

In Florida, HUD calculates the Area Median Income for a family of four as $76,200

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 Florida

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 Florida

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 Florida AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,050 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Florida AMI may qualify for rental assistance programs that target Very Low Income households.
$28,450 $32,500 $36,550 $40,600 $43,850 $47,100 $50,350 $53,600
80% AMI Income Limits
Renters earning up to 80% of the Florida AMI may qualify for rental assistance programs that target Low Income households.
$45,500 $52,000 $58,500 $64,950 $70,150 $75,350 $80,550 $85,750