About This Property
Palms At Vero Beach is a 259-unit affordable housing community in Vero Beach, Florida that has been in service since 2004. The property contains 181 two-bedroom and 78 three-bedroom units designated for low-income residents and is funded through tax-exempt bonds with 4% LIHTC credits. The community is managed by an on-site team to serve the local housing needs of Indian River County.
Waitlist Information
Waitlist managed by Indian River Co Bd of Co Comm
The Public Housing waiting list for Indian River County is currently closed.
No waiting lists are currently open for the Indian River County Rental Assistance Department.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Indian River 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 | $991 |
| 1 Bedroom | $1,195 |
| 2 Bedroom | $1,462 |
| 3 Bedroom | $1,844 |
| 4 Bedroom | $2,481 |
Income Limits - Indian River County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,350
- Very Low (50%)
- $25,550
- Low (80%)
- $40,900
- Extremely Low (30%)
- $17,550
- Very Low (50%)
- $29,200
- Low (80%)
- $46,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,850
- Low (80%)
- $52,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,500
- Low (80%)
- $58,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,450
- Low (80%)
- $63,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,350
- Low (80%)
- $67,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,300
- Low (80%)
- $72,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,200
- Low (80%)
- $77,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,350 | $25,550 | $40,900 |
| 2 Persons | $17,550 | $29,200 | $46,750 |
| 3 Persons | $21,960 | $32,850 | $52,600 |
| 4 Persons | $26,500 | $36,500 | $58,400 |
| 5 Persons | $31,040 | $39,450 | $63,100 |
| 6 Persons | $35,580 | $42,350 | $67,750 |
| 7 Persons | $40,120 | $45,300 | $72,450 |
| 8 Persons | $44,660 | $48,200 | $77,100 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Vero Beach, FL?+
The Fair Market Rent (FMR) for Indian River County, FL is: $991 (Studio), $1195 (1BR), $1462 (2BR), $1844 (3BR), $2481 (4BR). Actual rent at subsidized properties like Palms At Vero Beach is typically 30% of household income or less.
What size apartments are available at Palms At Vero Beach?+
Palms At Vero Beach offers the following unit types: 181 Two-Bedroom, 78 Three-Bedroom units, for a total of 259 units.
What is the price range for apartments in Vero Beach, FL?+
Based on Fair Market Rent for Indian River County, the estimated price range is: 2-bedroom: $1462, 3-bedroom: $1844. Actual rent at Palms At Vero Beach may be lower for income-eligible households.
Is there a waitlist for Palms At Vero Beach?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What are the income limits for affordable housing in Indian River County, FL?+
For a 4-person household in Indian River County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,500, Low Income (80% AMI): $58,400. These limits are set by HUD and updated annually.
Who manages Palms At Vero Beach?+
Palms At Vero Beach is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Palms At Vero Beach?+
Palms At Vero Beach 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
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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