About This Property
Northwest Gardens V is a 200-unit affordable housing community in Fort Lauderdale that opened in 2018 and participates in the 4% Low-Income Housing Tax Credit program. The property serves families and elderly residents through a unit mix of 175 one-bedroom, 10 two-bedroom, and 15 three-bedroom apartments.
Property Details
Fair Market Rent - Broward 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 | $1,573 |
| 1 Bedroom | $1,692 |
| 2 Bedroom | $2,102 |
| 3 Bedroom | $2,916 |
| 4 Bedroom | $3,567 |
Income Limits - Broward County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,500
- Very Low (50%)
- $30,800
- Low (80%)
- $49,300
- Extremely Low (30%)
- $21,150
- Very Low (50%)
- $35,200
- Low (80%)
- $56,350
- Extremely Low (30%)
- $23,800
- Very Low (50%)
- $39,600
- Low (80%)
- $63,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $44,000
- Low (80%)
- $70,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $47,550
- Low (80%)
- $76,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $51,050
- Low (80%)
- $81,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $54,600
- Low (80%)
- $87,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $58,100
- Low (80%)
- $92,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,500 | $30,800 | $49,300 |
| 2 Persons | $21,150 | $35,200 | $56,350 |
| 3 Persons | $23,800 | $39,600 | $63,400 |
| 4 Persons | $26,500 | $44,000 | $70,400 |
| 5 Persons | $31,040 | $47,550 | $76,050 |
| 6 Persons | $35,580 | $51,050 | $81,700 |
| 7 Persons | $40,120 | $54,600 | $87,300 |
| 8 Persons | $44,660 | $58,100 | $92,950 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Ft Lauderdale, FL?+
The Fair Market Rent (FMR) for Broward County, FL is: $1573 (Studio), $1692 (1BR), $2102 (2BR), $2916 (3BR), $3567 (4BR). Actual rent at subsidized properties like Northwest Gardens V is typically 30% of household income or less.
What size apartments are available at Northwest Gardens V?+
Northwest Gardens V offers the following unit types: 175 One-Bedroom, 10 Two-Bedroom, 15 Three-Bedroom units, for a total of 200 units.
Who is eligible to live at Northwest Gardens V?+
Northwest Gardens V primarily serves families, elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Northwest Gardens V?+
Northwest Gardens V is managed by . You can reach them at .
What are the income limits for affordable housing in Broward County, FL?+
For a 4-person household in Broward County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $44,000, Low Income (80% AMI): $70,400. These limits are set by HUD and updated annually.
What is the price range for apartments in Ft Lauderdale, FL?+
Based on Fair Market Rent for Broward County, the estimated price range is: 1-bedroom: $1692, 2-bedroom: $2102, 3-bedroom: $2916. Actual rent at Northwest Gardens V may be lower for income-eligible households.
How do I apply for housing at Northwest Gardens V?+
Northwest Gardens V is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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