About This Property
Poinciana Royale contains 50 one-bedroom units designated for low-income families in Key West, Florida. The property was placed in service in 2011 and utilizes 4% Low-Income Housing Tax Credits and tax-exempt bond financing. This development is managed to provide affordable rental housing in Monroe County.
Waitlist Information
Waitlist managed by Housing Authority of the City of Key West
All Public Housing waitlists are currently closed. The waitlist for the Old Town Affordable Housing Geraldine Street Complex, for 1 and 2-bedroom units, opened on March 19, 2026, with HUD income limitations and local/working preferences. Henry V. Haskins Senior Citizen Plaza has 200 units restricted to heads of households 62 and older.
The HCV (Section 8) waitlist is currently closed and was last open for one week in April 2015. When open, there is a typical 4-6 year waiting period, and applicants are chosen by lottery.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Key West, FL?+
The Fair Market Rent (FMR) for Monroe County, FL is: $1556 (Studio), $1730 (1BR), $2139 (2BR), $2812 (3BR), $3426 (4BR). Actual rent at subsidized properties like Poinciana Royale is typically 30% of household income or less.
What size apartments are available at Poinciana Royale?+
Poinciana Royale offers the following unit types: 50 One-Bedroom units, for a total of 50 units.
Who is eligible to live at Poinciana Royale?+
Poinciana Royale primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Key West, FL?+
Based on Fair Market Rent for Monroe County, the estimated price range is: 1-bedroom: $1730. Actual rent at Poinciana Royale may be lower for income-eligible households.
How do I apply for housing at Poinciana Royale?+
Poinciana Royale 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 Monroe County, FL?+
For a 4-person household in Monroe County, FL, the income limits are: Extremely Low Income (30% AMI): $30,500, Very Low Income (50% AMI): $50,850, Low Income (80% AMI): $81,350. These limits are set by HUD and updated annually.
Who manages Poinciana Royale?+
Poinciana Royale is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Poinciana Royale?+
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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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