Fair Market Rent - Monroe 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 | $1,556 |
| 1 Bedroom | $1,730 |
| 2 Bedroom | $2,139 |
| 3 Bedroom | $2,812 |
| 4 Bedroom | $3,426 |
Income Limits - Monroe County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $21,350
- Very Low (50%)
- $35,600
- Low (80%)
- $56,950
- Extremely Low (30%)
- $24,400
- Very Low (50%)
- $40,700
- Low (80%)
- $65,100
- Extremely Low (30%)
- $27,450
- Very Low (50%)
- $45,800
- Low (80%)
- $73,250
- Extremely Low (30%)
- $30,500
- Very Low (50%)
- $50,850
- Low (80%)
- $81,350
- Extremely Low (30%)
- $32,950
- Very Low (50%)
- $54,950
- Low (80%)
- $87,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $59,000
- Low (80%)
- $94,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $63,100
- Low (80%)
- $100,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $67,150
- Low (80%)
- $107,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $21,350 | $35,600 | $56,950 |
| 2 Persons | $24,400 | $40,700 | $65,100 |
| 3 Persons | $27,450 | $45,800 | $73,250 |
| 4 Persons | $30,500 | $50,850 | $81,350 |
| 5 Persons | $32,950 | $54,950 | $87,900 |
| 6 Persons | $35,580 | $59,000 | $94,400 |
| 7 Persons | $40,120 | $63,100 | $100,900 |
| 8 Persons | $44,660 | $67,150 | $107,400 |
All Cities in Monroe County
Frequently Asked Questions About Housing in Monroe County, FL
How many affordable housing options are in Monroe County, Florida?+
Monroe County, Florida has 119 affordable housing listings across 7 cities, with a total of 638 housing units. This includes 85 public housing, 20 LIHTC, and 14 housing authority listings.
What cities in Monroe County have affordable housing?+
Monroe County has affordable housing in 7 cities. The top cities include Key West, Key Largo, Marathon, Big Pine Key, Islamorada. Browse the city listings on this page to see all available options by location.
What are the Fair Market Rents in Monroe County, Florida?+
The HUD Fair Market Rent (FMR) for Monroe County, Florida is: Studio: $1556, 1BR: $1730, 2BR: $2139, 3BR: $2812, 4BR: $3426. FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit. Subsidized housing typically charges 30% of the tenant's income.
What are the income limits for affordable housing in Monroe County, Florida?+
For a 4-person household in Monroe County, Florida: Extremely Low Income (30% AMI): $30,500, Very Low Income (50% AMI): $50,850, Low Income (80% AMI): $81,350. These HUD-set limits determine eligibility for various housing programs and are updated annually.
How do I apply for affordable housing in Monroe County, Florida?+
To apply for affordable housing in Monroe County, Florida: 1) Browse the listings on this page to find properties in your preferred city, 2) Contact the property or housing authority directly, 3) Complete their application, and 4) Provide proof of income and household size. Waitlist times vary — apply to multiple properties to maximize your chances.
What types of housing programs are available in Monroe County, Florida?+
Monroe County, Florida offers three main types of affordable housing: Public Housing (85 listings) — government-owned properties with income-based rent; LIHTC (20 listings) — privately owned apartments built with tax credits, offering below-market rents; and Housing Authorities (14 listings) — agencies administering Section 8 vouchers and public housing programs.
How large is the population of Monroe County?+
Monroe County has an estimated population of 67,896 across 7 cities. With 119 affordable housing properties serving the area, the county provides a range of housing assistance options for eligible residents.