Low Income (LIHTC)

Lakewood Villas

2345 South St, Leesburg, FL, 34748

Information verified May 9, 2026·We re-check waiting list status daily

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About This Property

Lakewood Villas comprises 36 units designated as low-income housing in Leesburg, Florida. The property contains 36 units and was placed in service in 8888. For more information about this community, prospective residents may contact the property management office.

Property Details

Total Units

Fair Market Rent - Lake 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	$1,558
1 Bedroom	$1,638
2 Bedroom	$1,857
3 Bedroom	$2,362
4 Bedroom	$2,849

Income Limits - Lake County, FL

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $16,050
Very Low (50%): $26,750
Low (80%): $42,750

2 Persons

Extremely Low (30%): $18,350
Very Low (50%): $30,550
Low (80%): $48,850

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $34,350
Low (80%): $54,950

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $38,150
Low (80%): $61,050

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $41,250
Low (80%): $65,950

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $44,300
Low (80%): $70,850

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $47,350
Low (80%): $75,750

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $50,400
Low (80%): $80,600

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$16,050	$26,750	$42,750
2 Persons	$18,350	$30,550	$48,850
3 Persons	$21,960	$34,350	$54,950
4 Persons	$26,500	$38,150	$61,050
5 Persons	$31,040	$41,250	$65,950
6 Persons	$35,580	$44,300	$70,850
7 Persons	$40,120	$47,350	$75,750
8 Persons	$44,660	$50,400	$80,600

Tax Credit Program Details

Year Placed in Service

8888

Low-Income Units

36 / 36

Frequently Asked Questions

What is the average rent for affordable housing in Leesburg, FL?+

The Fair Market Rent (FMR) for Lake County, FL is: $1558 (Studio), $1638 (1BR), $1857 (2BR), $2362 (3BR), $2849 (4BR). Actual rent at subsidized properties like Lakewood Villas is typically 30% of household income or less.

What are the income limits for affordable housing in Lake County, FL?+

For a 4-person household in Lake County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,150, Low Income (80% AMI): $61,050. These limits are set by HUD and updated annually.

Who manages Lakewood Villas?+

Lakewood Villas is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Lakewood Villas?+

Lakewood Villas 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.

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