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Affordable apartments in Sebastian, Florida

2 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

2 lihtc

Buildings

PELICAN ISLES

LIHTC
925 PELICAN ISLES CIR, SEBASTIAN, FL, 32958
Income-restricted units
150 of 150
Year placed in service
2005
Bedroom mix
32 1BR · 78 2BR · 40 3BR

Estimated total housing cost: $1,303 rent + $169 utilities = $1,472/mo

Contact property management for current availability. Waitlists may apply.

GRACE'S LANDING

LIHTC
1010 GRACES LANDING CIR, SEBASTIAN, FL, 32958
Income-restricted units
69 of 70
Year placed in service
1997
Bedroom mix
56 1BR · 14 2BR

Estimated total housing cost: $1,303 rent + $169 utilities = $1,472/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Florida

Residential electricity in Florida runs about 15.43¢/kWh, with a typical monthly residential electric bill near $169. Natural gas runs about $28.02/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Sebastian, FL

Metro-level
BedroomsLocal FMRNational median
Studio$1,108n/a
1 bedroom$1,238n/a
2 bedroom$1,303$1,502
3 bedroom$1,694n/a
4 bedroom$1,955n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Indian River County, FL

Sebastian-Vero Beach-West Vero Corridor, FL. FY2025. Area median income: $93,200.

Household size30% AMI50% AMI80% AMI
1 person$19,550$32,550$52,100
2 people$22,350$37,200$59,550
3 people$26,650$41,850$67,000
4 people$32,150$46,500$74,400
5 people$37,650$50,250$80,400
6 people$43,150$53,950$86,350
7 people$48,650$57,700$92,300
8 people$54,150$61,400$98,250

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

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About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Sebastian cost-of-living and Fair Market Rent overview