Low Income (LIHTC)

Water Oak

315 Water Oak Cir, Orange City, FL, 32763

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Water Oak is a 39-unit affordable housing community in Orange City, FL serving low-income residents. The property was placed in service in 1988 and remains in operation in Volusia County. Prospective residents or those seeking additional information are encouraged to contact the property management directly.

Property Details

Total Units

Fair Market Rent - Volusia 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	$958
1 Bedroom	$1,152
2 Bedroom	$1,413
3 Bedroom	$1,865
4 Bedroom	$1,925

Income Limits - Volusia County, FL

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $13,750
Very Low (50%): $22,900
Low (80%): $36,650

2 Persons

Extremely Low (30%): $17,420
Very Low (50%): $26,200
Low (80%): $41,850

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $29,450
Low (80%): $47,100

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $32,700
Low (80%): $52,300

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $35,350
Low (80%): $56,500

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $37,950
Low (80%): $60,700

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $40,550
Low (80%): $64,900

8 Persons

Extremely Low (30%): $43,200
Very Low (50%): $43,200
Low (80%): $69,050

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$13,750	$22,900	$36,650
2 Persons	$17,420	$26,200	$41,850
3 Persons	$21,960	$29,450	$47,100
4 Persons	$26,500	$32,700	$52,300
5 Persons	$31,040	$35,350	$56,500
6 Persons	$35,580	$37,950	$60,700
7 Persons	$40,120	$40,550	$64,900
8 Persons	$43,200	$43,200	$69,050

Tax Credit Program Details

Year Placed in Service

8888

Low-Income Units

39 / 39

Frequently Asked Questions

What is the average rent for affordable housing in Orange City, FL?+

The Fair Market Rent (FMR) for Volusia County, FL is: $958 (Studio), $1152 (1BR), $1413 (2BR), $1865 (3BR), $1925 (4BR). Actual rent at subsidized properties like Water Oak is typically 30% of household income or less.

What are the income limits for affordable housing in Volusia County, FL?+

For a 4-person household in Volusia County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,700, Low Income (80% AMI): $52,300. These limits are set by HUD and updated annually.

Who manages Water Oak?+

Water Oak is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Water Oak?+

Water Oak 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.

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