Affordable Housing Hub
Low Income (LIHTC)

Willow Lake

500 Monica Rose Dr, Apopka, FL, 32703

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

Willow Lake contains 428 low-income units in Apopka, Florida and has been in service since 1999. The property offers a mix of one-, two-, and three-bedroom floor plans, with 72 one-bedroom, 228 two-bedroom, and 128 three-bedroom units available to serve families. Financing for the development includes tax-exempt bonds and FHA funding, with the property utilizing 4% Low-Income Housing Tax Credits.

Property Details

Total Units
428
1 Bedroom
72
2 Bedroom
228
3 Bedroom
128

Fair Market Rent - Orange County, FL

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$1,558
1 Bedroom$1,638
2 Bedroom$1,857
3 Bedroom$2,362
4 Bedroom$2,849

Income Limits - Orange 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

Tax Credit Program Details

Year Placed in Service
1999
LIHTC Credit Type
4%
Low-Income Units
428 / 428
Target Population
FamiliesLINK
Funding Programs
FHA InsuredTax-Exempt Bond

Frequently Asked Questions

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

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

What size apartments are available at Willow Lake?+

Willow Lake offers the following unit types: 72 One-Bedroom, 228 Two-Bedroom, 128 Three-Bedroom units, for a total of 428 units.

What is the price range for apartments in Apopka, FL?+

Based on Fair Market Rent for Orange County, the estimated price range is: 1-bedroom: $1638, 2-bedroom: $1857, 3-bedroom: $2362. Actual rent at Willow Lake may be lower for income-eligible households.

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

For a 4-person household in Orange 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 is eligible to live at Willow Lake?+

Willow Lake primarily serves families, LINK. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

How do I apply for housing at Willow Lake?+

Willow Lake 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 manages Willow Lake?+

Willow Lake is managed by . You can reach them at . Visit their website for more information.

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Walk Score

Very Walkable

71
Walk
29
Transit
72
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Orange County, FL

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