About This Property
Caravel Arms is a 110-unit affordable housing community in Lauderdale Lakes, FL, serving families with 20 one-bedroom, 69 two-bedroom, and 21 three-bedroom units. The property has been in service since 2015 and utilizes 4% Low-Income Housing Tax Credits and tax-exempt bond financing. All units serve low-income households.
Waitlist Information
Waitlist managed by Broward County Housing Authority
All Public Housing waiting lists in Lauderdale Lakes are currently closed.
The waiting list is closed. Applications are selected via a random lottery system. There is no application fee. Applicants must meet HUD income limits and pass a criminal background check.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lauderdale Lakes, 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 Caravel Arms is typically 30% of household income or less.
What size apartments are available at Caravel Arms?+
Caravel Arms offers the following unit types: 20 One-Bedroom, 69 Two-Bedroom, 21 Three-Bedroom units, for a total of 110 units.
How do I apply for housing at Caravel Arms?+
Caravel Arms 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 is the price range for apartments in Lauderdale Lakes, 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 Caravel Arms may be lower for income-eligible households.
Who is eligible to live at Caravel Arms?+
Caravel Arms primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Caravel Arms?+
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 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.
Who manages Caravel Arms?+
Caravel Arms is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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