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Discover affordable housing in Niceville where there are 11+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.
400 Kelly Rd, Niceville, Florida 32578
bed1
612 32nd St, Niceville, Florida 32578
bed2
payment$1100/mo.
201 E College Blvd Unit 20, Niceville, Florida 32578
bed2
payment$1500/mo.
1002 Everglade Dr, Niceville, Florida 32578
1407 Beaver Run Rd, Niceville, Florida 32578
bed3
payment$1795/mo.
107 Alan A Dale Dr, Niceville, Florida 32578
bed4
payment$2300/mo.
532 Maple Ave, Niceville, Florida 32578
bed3
payment$1900/mo.
201 E College Blvd Unit 41, Niceville, Florida 32578
bed2
payment$1450/mo.
536 Maple Ave, Niceville, Florida 32578
bed3
payment$1900/mo.
319 Niceville Ave Unit Niceville, Niceville, Florida 32578
bed2
payment$1400/mo.
207 Camellia Pl, Niceville, Florida 32578
How To Identify Affordable Housing in Niceville, Florida
Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.
| Badge | Description |
|---|---|
switch_access_shortcutShort Wait | Low income apartments with no or short waiting lists. |
paymentSubsidized | Low income housing where the rent is subsidized and the renter pays only a portion of total rent. |
real_estate_agentAccepts Vouchers | Apartments that accept Section 8 vouchers near you |
elderlySenior | Rental housing for seniors who are 55 (or sometimes 62) and older. |
paymentIncome Based | Affordable apartments where the rent paid is based on renter income. |
accessibilityAccessible | Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy. |
accessible_forwardDisability | Apartments for individuals or families with disabilities. |
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The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InNiceville, Florida
$28.90/hour
(+141%) more thanFlorida minimum wage and
$21.65(+299%) more than the Federal minimum wage.
Learn More About Niceville, Florida AffordableHousing ↓
What HUD offices serve Niceville, Florida?
Public Housing Agencies operate federally assisted affordable housing programs atlocal levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within theirjurisdiction.
Niceville Housing Authority
Operates the Public Housing programs for Niceville, Florida.
Fort Walton Beach Housing Authority
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Niceville, Florida.
Go to theFloridaPublic Housing and Low-Income Apartments Waiting Lists page for openings near Niceville.
How many renters live in Niceville, Florida?
The City of Niceville has 15,804people living in 5,710 households.
There are 4,850 renters living in1,699 renter households in thisCity. Renters make up 30.69percent of the population living in Niceville.
What is the rental market like in Niceville, Florida?
There are an estimated 6,389 housing units in theNiceville area. Of these, 1,877 units are rentalhomes, making up 29 percent of the housing market. Forevery renter household in Niceville, Florida, there are1 rental units.
What is the vacancy rate for rentals in Niceville?
The rental vacancy rate in Niceville is 9 percent.This is ahigher than averagevacancy rate.When rental vacancy rates are high it means that there are a lot of available units and rents tendto be lower.
How many rental units are in Niceville for each bedroom size?
Occupied Rental Units by Size in Niceville
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 71 41 587 836 164 Occupied Rental Units by Size in Niceville
A large number of apartments in Niceville have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.
How many renter households in Niceville are overburdened by housing costs?
Among renter households in this market, 54percent havehousing cost burden. Further, 28percent of households are extremely rent overburdened. When renters pay too much for their housing, itleaveslittle money for other necessities like food, clothes, or medicine.
The federal government says that renters arecost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Niceville
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $1,211 to $2,557. FMRs areupdated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $1,211 One BR $1,319 Two BR $1,526 Three BR $2,064 Four BR $2,557 2024 Fair Market Rents in Niceville, Florida
How many units are rented at Fair Market Rent (FMR) in Niceville?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:Unit Size Count of Units Below FMR Percentage of Total Units Below FMR Studio 15 21 percent One BR 41 100 percent Two BR 560 95 percent Rental Units Below FMR in Niceville, Florida
How many affordable rental units are in Niceville?
There are a variety of federal affordable housing programs serving households inNiceville, Florida including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit 50 Public Housing 111 Tracked Units by Federal Program in Niceville, Florida
Income Based Apartments in Niceville, Florida
Niceville features 162 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.
Low Rent Apartments in Niceville, Florida
There are 0 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Niceville.
Housing Choice Vouchers in Niceville, Florida
On average, Section 8 Housing Choice vouchers pay Niceville landlords$500 per month towards rent. The average voucher holdercontributes $300 towards rent inNiceville.
The maximum amount a voucher would pay on behalf of a low-income tenant in Niceville, Florida fora two-bedroom apartment is between $1,373 and $1,679.
Sourced from federal housing data and AffordableHousingOnline.comresearch.
Affordable Housing Tip
Wait until you have a Section 8 voucher to find housing.
It usually takes months or years to reach the top of a Section 8 HCV waiting list. Any apartments you see now will likely not be available when you get your voucher.
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