Builders Patch | HousingCount Pinellas County affordable housing data.
Pinellas County
Summary
31.4% share of renter households
51.3% share of low-income households
52.0% share of rent-burdened households
Renter population data
Renters vs homeowners
| Households | % share |
|---|---|
| Renter households | 130,333 |
| Homeowner households | 285,397 |
| Total households | 415,730 |
Low-income renter households
| Renter households by income group | Households | % share |
|---|---|---|
| Extremely low-income ≤30% AMI | 18,688 | 14.3% |
| Very low-income 31-50% AMI | 15,552 | 11.9% |
| Low-income 51-80% AMI | 32,611 | 25.0% |
| All low-income households <80% AMI | 66,851 | 51.3% |
Rent-burdened households
| Share of income spent on rent | Households | % share |
|---|---|---|
| Moderately rent-burdened | 34,893 | 26.8% |
| 30.0–34.9% | 12,276 | 9.4% |
| 35.0–39.9% | 9,312 | 7.1% |
| 40.0-49.9% | 13,305 | 10.2% |
| Severely rent-burdened | 32,911 | 25.3% |
| ≥50.0% | 32,911 | 25.3% |
| All rent-burdened households | 67,804 | 52.0% |
Affordable housing shortage
Rent vs median household income
| Median household income | Amount ($) |
|---|---|
| in 2010 | 31,675 |
| in 2021 | 44,424 |
| Increase (2010–2021) | 40.2% |
Median rent
| Median rent | Amount ($) |
|---|---|
| in 2010 | 641 |
| in 2021 | 1,086 |
| Increase (2010–2021) | 69.4% |
Affordable housing stock
| Supply, demand & shortage | Units |
|---|---|
| Supply (current stock) | 14,867 |
| Demand (total units needed) | 30,675 |
| Shortage | 19,974 |
| total shortage | 19,974 |
| supply/demand ratio | 48.5% |
HUD National Low Income Housing Tax Credit (LIHTC) Database
| Name | Type | Year | Zipcode | Market Rate | Low-income | Type | Amount |
|---|---|---|---|---|---|---|---|
| HIGHBRIDGE OVERLOOK | New construction | 2014 | N/A | 1 | 154 | N/A | $1,804,887 |
| IRVINGTON FAMILY APTS | New construction | 2007 | N/A | 1 | 99 | N/A | $1,378,252 |
| HILLTOP VILLAGE | New construction - Acquisition and Rehab | 2012 | N/A | 0 | 200 | N/A | $504,385 |
| HUNTINGTON RESERVE | NA | 2006 | N/A | 0 | 168 | N/A | $424,046 |
| HOLT + HAMILTON FAMILY APARTMENTS | New construction | 2016 | N/A | 1 | 61 | N/A | $1,557,010 |
| INTERVALE GARDENS LLC | New construction | 2008 | N/A | 1 | 65 | N/A | $659,087 |
| HOMES OF RENAISSANCE PRESERVE II | New construction | 2012 | N/A | 0 | 88 | N/A | $1,510,000 |
| JEFFERSON BOULEVARD & FIFTH AVENUE APTS | New construction | 2013 | N/A | 1 | 39 | N/A | $674,261 |
| IMPERIAL GARDENS FAMILY APTS | New construction | 2009 | N/A | 1 | 76 | N/A | $1,142,750 |
| HOLLY HEIGHTS I + II APARTMENTS | Acquisition and Rehab | 2016 | N/A | 1 | 41 | N/A | $435,816 |
| HILTON SENIOR APTS | New construction | 2007 | N/A | 0 | 69 | N/A | $242,084 |
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