Builders Patch | HousingCount Sarasota County affordable housing data.

Sarasota County

Summary

24.1%
share of renter households

45.0%
share of low-income households

49.0%
share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 46,769
Homeowner households 147,154
Total households 193,923

Low-income renter households

Renter households by income group Households % share
Extremely low-income ≤30% AMI 7,160 15.3%
Very low-income 31-50% AMI 6,604 14.1%
Low-income 51-80% AMI 7,286 15.6%
All low-income households <80% AMI 21,050 45.0%

Rent-burdened households

Share of income spent on rent Households % share
Moderately rent-burdened 11,263 24.1%
30.0–34.9% 3,942 8.4%
35.0–39.9% 2,592 5.5%
40.0-49.9% 4,729 10.1%
Severely rent-burdened 11,661 24.9%
≥50.0% 11,661 24.9%
All rent-burdened households 22,924 49.0%

Affordable housing shortage

Rent vs median household income Amount ($)
Median household income (2010) 34,200
Median household income (2021) 53,176
Increase (2010–2021) 55.5%
Median rent (2010) 869
Median rent (2021) 1,267
Increase (2010–2021) 45.8%
Affordable housing stock Units
Supply (current stock) 7,222
Demand (total units needed) 10,730
Shortage 6,129
Total shortage 6,129
Supply/demand ratio 67.3%

HUD National Low Income Housing Tax Credit (LIHTC) Database

List of states

Name Construction Type Year Market Rate Low-income Amount
HIGHBRIDGE OVERLOOK New construction 2014 N/A N/A $1,804,887
IRVINGTON FAMILY APTS New construction 2007 N/A N/A $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab 2012 N/A N/A $504,385
HUNTINGTON RESERVE N/A 2006 N/A N/A $424,046
HOLT + HAMILTON FAMILY APTS New construction 2016 N/A N/A $1,557,010
INTERVALE GARDENS LLC New construction 2008 N/A N/A $659,087
HOMES OF RENAISSANCE PRESERVE II New construction 2012 N/A N/A $1,510,000
JEFFERSON BOULEVARD & FIFTH AVE APTS New construction 2013 N/A N/A $674,261
IMPERIAL GARDENS FAMILY APTS New construction 2009 N/A N/A $1,142,750
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab 2016 N/A N/A $435,816
HILTON SENIOR APTS New construction 2007 N/A N/A $242,084
JEFFERSON AVENUE New construction 2020 N/A N/A $0
INGRAM PRESERVATION Acquisition and Rehab 2005 N/A N/A $390,500
... (other entries omitted for brevity) ...