Builders Patch | HousingCount Brevard County affordable housing data.
Brevard County
Summary
23.8%
share of renter households
40.4%
share of low-income households
51.1%
share of rent-burdened households
Renter population data
Renters vs homeowners
| Households | % share |
|---|---|
| Renter households | 57,803 |
| Homeowner households | 184,854 |
| Total households | 242,657 |
Low-income renter households
| Households | % share |
|---|---|
| Extremely low-income ≤30% AMI | 7,475 |
| Very low-income 31-50% AMI | 8,033 |
| Low-income 51-80% AMI | 7,829 |
| All low-income households <80% AMI | 23,337 |
Rent-burdened households
| Share of income spent on rent | Households | % share |
|---|---|---|
| Moderately rent-burdened | 15,283 | 26.4% |
| 30.0–34.9% | 5,376 | 9.3% |
| 35.0–39.9% | 3,999 | 6.9% |
| 40.0-49.9% | 5,908 | 10.2% |
| Severely rent-burdened | 14,247 | 24.6% |
| ≥50.0% | 14,247 | 24.6% |
| All rent-burdened households | 29,530 | 51.1% |
Affordable housing shortage
Rent vs median household income
| Year | Median household income ($) | Median rent ($) | Increase (2010–2021) |
|---|---|---|---|
| 2010 | 32,180 | 986 | 34.2% |
| 2021 | 43,194 | 1,031 | 4.6% |
Affordable housing stock
| Units | Amount |
|---|---|
| Supply (current stock) | 1,427 |
| Demand (total units needed) | 13,377 |
| Shortage | 12,423 |
| Total shortage | 12,423 |
| Supply/demand ratio | 10.7% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Type | Year | Number of units | Income ceiling | LIHTC allocation | Amount |
|---|---|---|---|---|---|---|
| HIGHBRIDGE OVERLOOK | New construction | 2014 | N/A | 10452 | N/A | $1,804,887 |
| IRVINGTON FAMILY APTS | New construction | 2007 | N/A | 94538 | N/A | $1,378,252 |
| HILLTOP VILLAGE | New construction - Acquisition and Rehab | 2012 | N/A | 32208 | N/A | $504,385 |
| HUNTINGTON RESERVE | NA | 2006 | N/A | 32773 | N/A | $424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction | 2016 | N/A | 91768 | N/A | $1,557,010 |
| INTERVALE GARDENS LLC | New construction | 2008 | N/A | 10459 | N/A | $659,087 |
| HOMES OF RENAISSANCE PRESERVE II | New construction | 2012 | N/A | 33905 | N/A | $1,510,000 |