About This Property
Murdock Circle contains 264 low-income units in Port Charlotte, Florida, serving families with a mix of one, two, three, and four-bedroom floor plans. The property has been in service since 2002 and utilizes 4% Low-Income Housing Tax Credit financing along with tax-exempt bond funding. The unit breakdown includes 80 one-bedroom, 96 two-bedroom, 64 three-bedroom, and 24 four-bedroom apartments.
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 Murdock Circle is typically 30% of household income or less.
What size apartments are available at Murdock Circle?+
Murdock Circle offers the following unit types: 80 One-Bedroom, 96 Two-Bedroom, 64 Three-Bedroom, 24 Four-Bedroom units, for a total of 264 units.
Who manages Murdock Circle?+
Murdock Circle is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Murdock Circle?+
Murdock Circle 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 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 Murdock Circle may be lower for income-eligible households.
Who is eligible to live at Murdock Circle?+
Murdock Circle primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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