About This Property
Siena Gardens provides 150 low-income housing units in Panama City, Florida, serving elderly residents since 2003. The property offers a mix of 78 one-bedroom and 72 two-bedroom units and utilizes 9% Low-Income Housing Tax Credit financing along with CDBG funding. The community is funded through Community Development Block Grants and financed with tax credits to provide affordable rental housing.
Waitlist Information
Waitlist managed by Panama City Housing Authority
All waitlists are currently closed and applications are not being accepted.
Contact administrator for more information.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Bay County, FL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,269 |
| 1 Bedroom | $1,297 |
| 2 Bedroom | $1,523 |
| 3 Bedroom | $2,065 |
| 4 Bedroom | $2,585 |
Income Limits - Bay County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,150
- Very Low (50%)
- $23,550
- Low (80%)
- $37,650
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,900
- Low (80%)
- $43,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,250
- Low (80%)
- $48,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,600
- Low (80%)
- $53,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,300
- Low (80%)
- $58,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,000
- Low (80%)
- $62,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,700
- Low (80%)
- $66,650
- Extremely Low (30%)
- $44,400
- Very Low (50%)
- $44,400
- Low (80%)
- $70,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,150 | $23,550 | $37,650 |
| 2 Persons | $17,420 | $26,900 | $43,000 |
| 3 Persons | $21,960 | $30,250 | $48,400 |
| 4 Persons | $26,500 | $33,600 | $53,750 |
| 5 Persons | $31,040 | $36,300 | $58,050 |
| 6 Persons | $35,580 | $39,000 | $62,350 |
| 7 Persons | $40,120 | $41,700 | $66,650 |
| 8 Persons | $44,400 | $44,400 | $70,950 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Panama City, FL?+
The Fair Market Rent (FMR) for Bay County, FL is: $1269 (Studio), $1297 (1BR), $1523 (2BR), $2065 (3BR), $2585 (4BR). Actual rent at subsidized properties like Siena Gardens is typically 30% of household income or less.
What size apartments are available at Siena Gardens?+
Siena Gardens offers the following unit types: 78 One-Bedroom, 72 Two-Bedroom units, for a total of 150 units.
Who is eligible to live at Siena Gardens?+
Siena Gardens primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Siena Gardens?+
Siena Gardens is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Siena Gardens?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What is the price range for apartments in Panama City, FL?+
Based on Fair Market Rent for Bay County, the estimated price range is: 1-bedroom: $1297, 2-bedroom: $1523. Actual rent at Siena Gardens may be lower for income-eligible households.
How do I apply for housing at Siena Gardens?+
Siena Gardens is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What are the income limits for affordable housing in Bay County, FL?+
For a 4-person household in Bay County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,600, Low Income (80% AMI): $53,750. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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