About This Property
Rotonda Lakes comprises 176 low-income residential units in Rotonda West, Charlotte County, and has served families since 1998. The community includes 40 one-bedroom, 112 two-bedroom, and 24 three-bedroom units funded through the 9% Low-Income Housing Tax Credit program. The property is professionally managed to provide housing options for income-qualified residents.
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 Rotonda West, 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 Rotonda Lakes is typically 30% of household income or less.
What size apartments are available at Rotonda Lakes?+
Rotonda Lakes offers the following unit types: 40 One-Bedroom, 112 Two-Bedroom, 24 Three-Bedroom units, for a total of 176 units.
Who manages Rotonda Lakes?+
Rotonda Lakes is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Rotonda Lakes?+
Rotonda Lakes 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 Rotonda Lakes?+
Rotonda Lakes 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 Rotonda West, 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 Rotonda Lakes may be lower for income-eligible households.
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
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.