Low Income Apartments and Affordable Housing For Rent in Mission Viejo, CA

Discover affordable housing in Mission Viejo 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.

Arroyo Vista Apartments

26196 Crown Valley Pkwy, Mission Viejo, California 92692

Heritage Villas Senior Apartments

26836 Oso Pkwy, Mission Viejo, California 92691

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Mission Viejo, California
$52.71/hour
$36.71 (+229%) more than California minimum wage and $45.46 (+627%) more than the Federal minimum wage.
Learn More About Mission Viejo, California Affordable Housing ↓

What HUD offices serve Mission Viejo, 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) programs for Mission Viejo, California.

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

How many renters live in Mission Viejo, California?

The City of Mission Viejo has 91,775 people living in 32,252 households.

There are 22,524 renters living in 8,954 renter households in this City. Renters make up 24.54 percent of the population living in Mission Viejo.

What is the rental market like in Mission Viejo, California?

There are an estimated 34,116 housing units in the Mission Viejo area. Of these, 8,016 units are rental homes, making up 23 percent of the housing market. For every renter household in Mission Viejo, California, there are 1 rental units.

What is the vacancy rate for rentals in Mission Viejo?

The rental vacancy rate in Mission Viejo is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Mission Viejo for each bedroom size?

Occupied Rental Units by Size in Mission Viejo
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
312 1,606 2,517 1,931 769
Occupied Rental Units by Size in Mission Viejo

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

Among renter households in this market, 51 percent have housing cost burden. Further, 33 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 Mission Viejo

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $2,200 to $4,467. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $2,200
One BR $2,344
Two BR $2,783
Three BR $3,769
Four BR $4,467
2024 Fair Market Rents in Mission Viejo, California

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

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 34 11 percent
One BR 438 27 percent
Two BR 205 8 percent
Rental Units Below FMR in Mission Viejo, California

How many affordable rental units are in Mission Viejo?

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

Federal Program Unit Count
Low Income Housing Tax Credit 297
Section 811 Supportive Housing for Persons with Disabilities 2
Tracked Units by Federal Program in Mission Viejo, California

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

Income Based Apartments in Mission Viejo, California

Mission Viejo features 0 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 Mission Viejo, California

There are 298 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mission Viejo.

Housing Choice Vouchers in Mission Viejo, California

On average, Section 8 Housing Choice vouchers pay Mission Viejo landlords $1,400 per month towards rent. The average voucher holder contributes $500 towards rent in Mission Viejo.

The maximum amount a voucher would pay on behalf of a low-income tenant in Mission Viejo, California for a two-bedroom apartment is between $2,505 and $3,061.

Sourced from federal housing data and AffordableHousingOnline.com research.