About This Property
Banyan Bay Club is a 280-unit affordable housing community in Tallahassee, Florida, with 279 units designated for low-income residents. The property features a mix of one-, two-, and three-bedroom floor plans, including 24 one-bedroom, 168 two-bedroom, and 88 three-bedroom units. The community was placed in service in 1998 and is funded through tax-exempt bonds and 4% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Tallahassee Housing Authority
The Public Housing Waiting List is now CLOSED and not accepting new applications. The 2020 Public Housing waiting list is now closed.
Wait lists are open for eligible low-income individuals, families, the elderly and persons with disabilities.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Leon 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 | $1,062 |
| 1 Bedroom | $1,183 |
| 2 Bedroom | $1,339 |
| 3 Bedroom | $1,708 |
| 4 Bedroom | $1,903 |
Income Limits - Leon County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,050
- Very Low (50%)
- $26,750
- Low (80%)
- $42,750
- Extremely Low (30%)
- $18,350
- Very Low (50%)
- $30,550
- Low (80%)
- $48,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,150
- Low (80%)
- $61,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,250
- Low (80%)
- $65,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,300
- Low (80%)
- $70,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,350
- Low (80%)
- $75,750
- 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
Frequently Asked Questions
What is the average rent for affordable housing in Tallahassee, FL?+
The Fair Market Rent (FMR) for Leon County, FL is: $1062 (Studio), $1183 (1BR), $1339 (2BR), $1708 (3BR), $1903 (4BR). Actual rent at subsidized properties like Banyan Bay Club is typically 30% of household income or less.
What size apartments are available at Banyan Bay Club?+
Banyan Bay Club offers the following unit types: 24 One-Bedroom, 168 Two-Bedroom, 88 Three-Bedroom units, for a total of 280 units.
Who manages Banyan Bay Club?+
Banyan Bay Club is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Tallahassee, FL?+
Based on Fair Market Rent for Leon County, the estimated price range is: 1-bedroom: $1183, 2-bedroom: $1339, 3-bedroom: $1708. Actual rent at Banyan Bay Club may be lower for income-eligible households.
How do I apply for housing at Banyan Bay Club?+
Banyan Bay Club 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 are the income limits for affordable housing in Leon County, FL?+
For a 4-person household in Leon 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.
Is there a waitlist for Banyan Bay Club?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Open. 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
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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