About This Property
Seven Palms offers 336 low-income units in Punta Gorda, Florida, with a unit mix including 15 one-bedroom, 141 two-bedroom, and 84 three-bedroom apartments that serve families. The property was placed in service in 2002 and receives 9% Low-Income Housing Tax Credit funding along with HOME program support. This development provides affordable rental housing options in Charlotte County.
Waitlist Information
Waitlist managed by Punta Gorda Housing Authority
When open, waiting time was based on application date/time, qualifying local preferences, and bedroom size.
Section 8 applications are not always available; therefore, an applicant must wait until the list is open. Local Preferences are given to elderly applicants, disabled households, working families, and victims of a disaster.
Waitlist data provided by section8waitlist.org
Updated June 17, 2026
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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Punta Gorda, 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 Seven Palms is typically 30% of household income or less.
What size apartments are available at Seven Palms?+
Seven Palms offers the following unit types: 15 One-Bedroom, 141 Two-Bedroom, 84 Three-Bedroom units, for a total of 336 units.
What is the price range for apartments in Punta Gorda, 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 Seven Palms may be lower for income-eligible households.
Who is eligible to live at Seven Palms?+
Seven Palms 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.
How do I apply for housing at Seven Palms?+
Seven Palms 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 Seven Palms?+
Seven Palms is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Seven Palms?+
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.
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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