About This Property
Royal Palm Key comprises 240 low-income residential units in Tampa, Florida, with a unit mix of 128 two-bedroom, 80 three-bedroom, and 32 four-bedroom apartments. The property was placed in service in 2003 and is funded through tax-exempt bonds with 4% LIHTC credits. The community operates under low-income housing guidelines in Hillsborough County.
Waitlist Information
Waitlist managed by Tampa Housing Authority
All other Tampa Housing Waitlists are closed.
The waitlist to receive Housing Choice Voucher (Section 8) is closed and will NOT be accepting applications until further notice. Be extremely cautious of scams.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Hillsborough 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 | $1,449 |
| 1 Bedroom | $1,562 |
| 2 Bedroom | $1,851 |
| 3 Bedroom | $2,367 |
| 4 Bedroom | $2,888 |
Income Limits - Hillsborough County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,550
- Very Low (50%)
- $25,850
- Low (80%)
- $41,350
- Extremely Low (30%)
- $17,750
- Very Low (50%)
- $29,550
- Low (80%)
- $47,250
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,250
- Low (80%)
- $53,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,900
- Low (80%)
- $59,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,900
- Low (80%)
- $63,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,850
- Low (80%)
- $68,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,800
- Low (80%)
- $73,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,750
- Low (80%)
- $77,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,550 | $25,850 | $41,350 |
| 2 Persons | $17,750 | $29,550 | $47,250 |
| 3 Persons | $21,960 | $33,250 | $53,150 |
| 4 Persons | $26,500 | $36,900 | $59,050 |
| 5 Persons | $31,040 | $39,900 | $63,800 |
| 6 Persons | $35,580 | $42,850 | $68,500 |
| 7 Persons | $40,120 | $45,800 | $73,250 |
| 8 Persons | $44,660 | $48,750 | $77,950 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Tampa, FL?+
The Fair Market Rent (FMR) for Hillsborough County, FL is: $1449 (Studio), $1562 (1BR), $1851 (2BR), $2367 (3BR), $2888 (4BR). Actual rent at subsidized properties like Royal Palm Key is typically 30% of household income or less.
What size apartments are available at Royal Palm Key?+
Royal Palm Key offers the following unit types: 128 Two-Bedroom, 80 Three-Bedroom, 32 Four-Bedroom units, for a total of 240 units.
Who manages Royal Palm Key?+
Royal Palm Key is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Royal Palm Key?+
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 is the price range for apartments in Tampa, FL?+
Based on Fair Market Rent for Hillsborough County, the estimated price range is: 2-bedroom: $1851, 3-bedroom: $2367. Actual rent at Royal Palm Key may be lower for income-eligible households.
What are the income limits for affordable housing in Hillsborough County, FL?+
For a 4-person household in Hillsborough County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,900, Low Income (80% AMI): $59,050. These limits are set by HUD and updated annually.
How do I apply for housing at Royal Palm Key?+
Royal Palm Key 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 is eligible to live at Royal Palm Key?+
Royal Palm Key primarily serves UNSPECIFIED. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.