About This Property
Cove At St Lucie contains 144 low-income rental units in Port St. Lucie, Florida, serving elderly residents. The property features a mix of one-, two-, and three-bedroom apartments, with 32 one-bedroom, 80 two-bedroom, and 32 three-bedroom units available. Placed in service in 1999, the property receives funding through HOME and 9% LIHTC credit programs.
Property Details
Fair Market Rent - St. Lucie 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 | $1,278 |
| 1 Bedroom | $1,286 |
| 2 Bedroom | $1,573 |
| 3 Bedroom | $2,175 |
| 4 Bedroom | $2,433 |
Income Limits - St. Lucie County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,050
- Very Low (50%)
- $25,050
- Low (80%)
- $40,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,600
- Low (80%)
- $45,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,200
- Low (80%)
- $51,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,750
- Low (80%)
- $57,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,650
- Low (80%)
- $61,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,500
- Low (80%)
- $66,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,350
- Low (80%)
- $70,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,200
- Low (80%)
- $75,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,050 | $25,050 | $40,050 |
| 2 Persons | $17,420 | $28,600 | $45,800 |
| 3 Persons | $21,960 | $32,200 | $51,500 |
| 4 Persons | $26,500 | $35,750 | $57,200 |
| 5 Persons | $31,040 | $38,650 | $61,800 |
| 6 Persons | $35,580 | $41,500 | $66,400 |
| 7 Persons | $40,120 | $44,350 | $70,950 |
| 8 Persons | $44,660 | $47,200 | $75,550 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Port St Lucie, FL?+
The Fair Market Rent (FMR) for St. Lucie County, FL is: $1278 (Studio), $1286 (1BR), $1573 (2BR), $2175 (3BR), $2433 (4BR). Actual rent at subsidized properties like Cove At St Lucie is typically 30% of household income or less.
What size apartments are available at Cove At St Lucie?+
Cove At St Lucie offers the following unit types: 32 One-Bedroom, 80 Two-Bedroom, 32 Three-Bedroom units, for a total of 144 units.
What is the price range for apartments in Port St Lucie, FL?+
Based on Fair Market Rent for St. Lucie County, the estimated price range is: 1-bedroom: $1286, 2-bedroom: $1573, 3-bedroom: $2175. Actual rent at Cove At St Lucie may be lower for income-eligible households.
Who manages Cove At St Lucie?+
Cove At St Lucie is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in St. Lucie County, FL?+
For a 4-person household in St. Lucie County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,750, Low Income (80% AMI): $57,200. These limits are set by HUD and updated annually.
Who is eligible to live at Cove At St Lucie?+
Cove At St Lucie primarily serves elderly residents. 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 Cove At St Lucie?+
Cove At St Lucie 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.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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