Low Income Apartments and Affordable Housing For Rent in Fallbrook, CA

Discover affordable housing in Fallbrook where there are 6+ 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.

Turnagain Arms

920 E Mission Rd, Fallbrook, California 92028

Fallbrook View Apartments

901 Alturas Rd, Fallbrook, California 92028

Pine View

1101 Alturas Rd, Fallbrook, California 92028

Casa De Cortez

528 DE Luz Rd, Fallbrook, California 92028

De Luz Apartments - Fallbrook

420 N Pico Ave, Fallbrook, California 92028

Kalmia Courtyards

234 W Kalmia St, Fallbrook, California 92028

calendar_today Opened: Sep 1
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Fallbrook, California
$53.66/hour
$37.66 (+235%) more than California minimum wage and $46.41 (+640%) more than the Federal minimum wage.
Learn More About Fallbrook, California Affordable Housing ↓

What HUD offices serve Fallbrook, 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, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV), Moderate Rehabilitation, Housing Opportunities for Persons with AIDS (HOPWA) programs for Fallbrook, California.

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

How many renters live in Fallbrook, California?

The City of Fallbrook has 33,710 people living in 10,334 households.

There are 14,529 renters living in 4,272 renter households in this City. Renters make up 43.1 percent of the population living in Fallbrook.

What is the rental market like in Fallbrook, California?

There are an estimated 10,950 housing units in the Fallbrook area. Of these, 4,435 units are rental homes, making up 41 percent of the housing market. For every renter household in Fallbrook, California, there are 1 rental units.

What is the vacancy rate for rentals in Fallbrook?

The rental vacancy rate in Fallbrook 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 Fallbrook for each bedroom size?

Occupied Rental Units by Size in Fallbrook
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
224 830 2,050 943 217
Occupied Rental Units by Size in Fallbrook

A large number of apartments in Fallbrook 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 Fallbrook are overburdened by housing costs?

Among renter households in this market, 61 percent have housing cost burden. Further, 32 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 Fallbrook

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $2,062 to $4,638. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $2,062
One BR $2,248
Two BR $2,833
Three BR $3,819
Four BR $4,638
2024 Fair Market Rents in Fallbrook, California

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

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 148 66 percent
One BR 693 83 percent
Two BR 836 41 percent
Rental Units Below FMR in Fallbrook, California

How many affordable rental units are in Fallbrook?

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

Federal Program Unit Count
Low Income Housing Tax Credit 260
Section 8 Project-Based Rental Assistance 46
Section 236 Rental Assistance 58
Section 811 Supportive Housing for Persons with Disabilities 6
Tracked Units by Federal Program in Fallbrook, California

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

Income Based Apartments in Fallbrook, California

Fallbrook features 112 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 Fallbrook, California

There are 155 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fallbrook.

Housing Choice Vouchers in Fallbrook, California

On average, Section 8 Housing Choice vouchers pay Fallbrook landlords $1,100 per month towards rent. The average voucher holder contributes $400 towards rent in Fallbrook.

The maximum amount a voucher would pay on behalf of a low-income tenant in Fallbrook, California for a two-bedroom apartment is between $2,550 and $3,116.

Sourced from federal housing data and AffordableHousingOnline.com research.