About This Property
Academy At Waterford Lakes is a 228-unit affordable housing community in Orlando, Florida, serving families with low incomes through Low-Income Housing Tax Credit financing. The property, placed in service in 1998, offers a mix of floor plans including 36 one-bedroom, 96 two-bedroom, 72 three-bedroom, and 24 four-bedroom units. The development is funded through a 9% LIHTC credit structure.
Waitlist Information
Waitlist managed by Orlando Housing Authority
The Orlando Housing Authority operates with four primary goals, including assisting low income individuals, families and the elderly by providing rental housing units in either the public housing or private housing markets.
The Orlando Housing Authority administers approximately 4,600 Section 8 housing choice vouchers. Approximately 3,900 vouchers are tenant-based and approximately 600 are project-based vouchers.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
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.
| Bedrooms | FMR |
|---|---|
| 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.
- 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Orlando, 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 Academy At Waterford Lakes is typically 30% of household income or less.
What size apartments are available at Academy At Waterford Lakes?+
Academy At Waterford Lakes offers the following unit types: 36 One-Bedroom, 96 Two-Bedroom, 72 Three-Bedroom, 24 Four-Bedroom units, for a total of 228 units.
Who manages Academy At Waterford Lakes?+
Academy At Waterford Lakes is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Academy At Waterford Lakes?+
Academy At Waterford Lakes primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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.
How do I apply for housing at Academy At Waterford Lakes?+
Academy At Waterford Lakes 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.
Is there a waitlist for Academy At Waterford Lakes?+
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.
What is the price range for apartments in Orlando, 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 Academy At Waterford Lakes may be lower for income-eligible households.
Contact Information
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