Oakwood Terrace I PB Section 8 Pensacola, FL

Profile last updated · Data vintage: HUD FY2025

Oakwood Terrace I is a Project-Based Section 8 community in Pensacola, FL with 300 units reporting 97% occupancy. Assisted residents pay about $216/month on average.

300
total units
97%
occupancy
$216
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Project-Based Section 8
Address700 Truman Ave, Pensacola, FL 32505 Map →
Average household income$9,376/yr
Average personal income$3,407/yr
People per unit2.8
Moved in within last year20%
Households below 30% AMI91%
Households below 50% AMI98%
One-bedroom share7%

How to apply at Oakwood Terrace I

Project-Based Section 8: HUD contracts cover the gap between about 30% of your income and the approved rent for this building. Apply at the management office.

  1. Call or visit the management office at 700 Truman Ave, Pensacola; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget (~$216/mo average here).

Other subsidized housing in Pensacola

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Alabaster Gardens LIHTCPB Section 8Pensacola0.8 km
Silurian Pond LIHTCPensacola0.8 km
Wesley Scott Place LIHTCPensacola1.1 km
Fairfield Manor LIHTCPensacola1.7 km
Pensacola Retirement Village Inc PB Section 8Pensacola2.4 km
Morris Court Ii LIHTCPensacola2.4 km
Name Unknown Public HousingPensacola2.4 km
Morris Court Iii LIHTCPensacola2.4 km

← All subsidized housing in Pensacola

Frequently asked questions

What kind of subsidy does Oakwood Terrace I have?
Project-Based Section 8. Project-Based Section 8: HUD contracts cover the gap between about 30% of your income and the approved rent for this building. Apply at the management office.
How much is rent at Oakwood Terrace I?
Residents report average rents near $216/month in HUD administrative data. Under most federal programs you pay roughly 30% of adjusted income — your actual amount depends on household income and unit size.
How do I apply at Oakwood Terrace I?
Contact the management office at 700 Truman Ave in Pensacola. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.