About This Property
Charleston Cay offers 128 low-income housing units in Port Charlotte, Florida, serving families with a mix of one, two, and three-bedroom floor plans. The property, which has been in service since 2007, includes 24 one-bedroom units, 56 two-bedroom units, and 48 three-bedroom units. Charleston Cay is funded through a 9% Low-Income Housing Tax Credit program.
Property Details
Fair Market Rent - Charlotte 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 | $1,089 |
| 1 Bedroom | $1,121 |
| 2 Bedroom | $1,380 |
| 3 Bedroom | $1,945 |
| 4 Bedroom | $2,306 |
Income Limits - Charlotte County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,650
- Very Low (50%)
- $22,700
- Low (80%)
- $36,300
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,950
- Low (80%)
- $41,500
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,200
- Low (80%)
- $46,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,400
- Low (80%)
- $51,850
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $35,000
- Low (80%)
- $56,000
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,600
- Low (80%)
- $60,150
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $40,200
- Low (80%)
- $64,300
- Extremely Low (30%)
- $42,800
- Very Low (50%)
- $42,800
- Low (80%)
- $68,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,650 | $22,700 | $36,300 |
| 2 Persons | $17,420 | $25,950 | $41,500 |
| 3 Persons | $21,960 | $29,200 | $46,700 |
| 4 Persons | $26,500 | $32,400 | $51,850 |
| 5 Persons | $31,040 | $35,000 | $56,000 |
| 6 Persons | $35,580 | $37,600 | $60,150 |
| 7 Persons | $40,120 | $40,200 | $64,300 |
| 8 Persons | $42,800 | $42,800 | $68,450 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Port Charlotte, FL?+
The Fair Market Rent (FMR) for Charlotte County, FL is: $1089 (Studio), $1121 (1BR), $1380 (2BR), $1945 (3BR), $2306 (4BR). Actual rent at subsidized properties like Charleston Cay is typically 30% of household income or less.
What size apartments are available at Charleston Cay?+
Charleston Cay offers the following unit types: 24 One-Bedroom, 56 Two-Bedroom, 48 Three-Bedroom units, for a total of 128 units.
What are the income limits for affordable housing in Charlotte County, FL?+
For a 4-person household in Charlotte County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,400, Low Income (80% AMI): $51,850. These limits are set by HUD and updated annually.
What is the price range for apartments in Port Charlotte, FL?+
Based on Fair Market Rent for Charlotte County, the estimated price range is: 1-bedroom: $1121, 2-bedroom: $1380, 3-bedroom: $1945. Actual rent at Charleston Cay may be lower for income-eligible households.
Who is eligible to live at Charleston Cay?+
Charleston Cay primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Charleston Cay?+
Charleston Cay 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.
Who manages Charleston Cay?+
Charleston Cay is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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