Builders Patch | HousingCount Lee County affordable housing data.
Lee County
Summary
34.8%
share of renter households
42.2%
share of low-income households
38.1%
share of rent-burdened households
Renter population data
Renters vs homeowners
| Households | % share |
|---|---|
| Renter households | 8,282 |
| Homeowner households | 15,500 |
| Total households | 23,782 |
Low-income renter households
| Renter households by income group | Households | % share |
|---|---|---|
| Extremely low-income (≤30% AMI) | 1,484 | 17.9% |
| Very low-income (31-50% AMI) | 1,088 | 13.1% |
| Low-income (51-80% AMI) | 920 | 11.1% |
| All low-income households (<80% AMI) | 3,492 | 42.2% |
Rent-burdened households
| Share of income spent on rent | Households | % share |
|---|---|---|
| Moderately rent-burdened | 1,397 | 16.9% |
| 30.0–34.9% | 610 | 7.4% |
| 35.0–39.9% | 168 | 2.0% |
| 40.0-49.9% | 619 | 7.5% |
| Severely rent-burdened | 1,762 | 21.3% |
| All rent-burdened households | 3,159 | 38.1% |
Affordable housing shortage
| Rent vs median household income | Amount ($) | Year |
|---|---|---|
| Median household income | 24,488 | 2010 |
| Median household income | 41,228 | 2021 |
| Increase (2010–2021) | 68.4% |
| Median rent | Amount ($) | Year |
|---|---|---|
| Median rent | 392 | 2010 |
| Median rent | 665 | 2021 |
| Increase (2010–2021) | 69.6% |
| Affordable housing stock | Units |
|---|---|
| Supply (current stock) | 2,793 |
| Demand (total units needed) | 2,221 |
| Shortage | 224 |
| Supply/Demand Ratio | 125.8% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Type | Year | Zipcode | Market Rate | Low-income | Amount |
|---|---|---|---|---|---|---|
| HIGHBRIDGE OVERLOOK | New construction | 2014 | N/A | N/A | 60% AMI | $1,804,887 |
| IRVINGTON FAMILY APTS | New construction | 2007 | N/A | N/A | 60% AMI | $1,378,252 |
| HILLTOP VILLAGE | New construction - Acquisition and Rehab | 2012 | N/A | N/A | 60% AMI | $504,385 |
| HUNTINGTON RESERVE | NA | 2006 | N/A | N/A | 60% AMI | $424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction | 2016 | N/A | N/A | 60% AMI | $1,557,010 |