Low Income Apartments and Affordable Housing For Rent in San Lorenzo, CA

Discover affordable housing in San Lorenzo where there are 2+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Kent Gardens

16450 Kent Ave, San Lorenzo, California 94580

Arbor at Hesperian

15888 Hesperian Boulevard, San Lorenzo, California 94580

calendar_today Opens: Apr 1
calendar_today Closes: Apr 5,

Reported On March 19th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In San Lorenzo, California
$49.05/hour
$33.05 (+207%) more than California minimum wage and $41.80 (+577%) more than the Federal minimum wage.
Learn More About San Lorenzo, California Affordable Housing ↓

What HUD offices serve San Lorenzo, California?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for San Lorenzo, California.

Go to the California Public Housing and Low-Income Apartments Waiting Lists page for openings near San Lorenzo.

How many renters live in San Lorenzo, California?

The City of San Lorenzo has 29,759 people living in 8,766 households.

There are 9,583 renters living in 2,903 renter households in this City. Renters make up 32.2 percent of the population living in San Lorenzo.

What is the rental market like in San Lorenzo, California?

There are an estimated 9,001 housing units in the San Lorenzo area. Of these, 2,955 units are rental homes, making up 33 percent of the housing market. For every renter household in San Lorenzo, California, there are 1 rental units.

What is the vacancy rate for rentals in San Lorenzo?

The rental vacancy rate in San Lorenzo is 2 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in San Lorenzo for each bedroom size?

Occupied Rental Units by Size in San Lorenzo
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
69 635 1,141 881 177
Occupied Rental Units by Size in San Lorenzo

A large number of apartments in San Lorenzo have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in San Lorenzo are overburdened by housing costs?

Among renter households in this market, 49 percent have housing cost burden. Further, 20 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in San Lorenzo

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,825 to $3,954. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,825
One BR $2,131
Two BR $2,590
Three BR $3,342
Four BR $3,954
2024 Fair Market Rents in San Lorenzo, California

How many units are rented at Fair Market Rent (FMR) in San Lorenzo?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 45 65 percent
One BR 472 74 percent
Two BR 82 7 percent
Rental Units Below FMR in San Lorenzo, California

How many affordable rental units are in San Lorenzo?

There are a variety of federal affordable housing programs serving households in San Lorenzo, California including the following:

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 95
Section 202 Supportive Housing for the Elderly 64
Tracked Units by Federal Program in San Lorenzo, California

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in San Lorenzo, California

San Lorenzo features 83 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in San Lorenzo, California

There are 77 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in San Lorenzo.

Housing Choice Vouchers in San Lorenzo, California

On average, Section 8 Housing Choice vouchers pay San Lorenzo landlords $1,800 per month towards rent. The average voucher holder contributes $700 towards rent in San Lorenzo.

The maximum amount a voucher would pay on behalf of a low-income tenant in San Lorenzo, California for a two-bedroom apartment is between $2,331 and $2,849.

Sourced from federal housing data and AffordableHousingOnline.com research.