What HUD offices serve Nipomo, 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.
Go to the California Public Housing and Low-Income Apartments Waiting Lists page for openings near Nipomo.
How many renters live in Nipomo, California?
The City of Nipomo has 18,009 people living in 5,694 households.
There are 5,912 renters living in 1,755 renter households in this City. Renters make up 32.83 percent of the population living in Nipomo.
What is the rental market like in Nipomo, California?
There are an estimated 5,993 housing units in the Nipomo area. Of these, 1,767 units are rental homes, making up 29 percent of the housing market. For every renter household in Nipomo, California, there are 1 rental units.
What is the vacancy rate for rentals in Nipomo?
The rental vacancy rate in Nipomo is 0 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 Nipomo for each bedroom size?
Occupied Rental Units by Size in Nipomo
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 37 | 682 | 786 | 250 |
Occupied Rental Units by Size in Nipomo
A large number of apartments in Nipomo 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 Nipomo are overburdened by housing costs?
Among renter households in this market, 51 percent have housing cost burden. Further, 15 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 Nipomo
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,541 to $3,465. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,541 |
| One BR | $1,731 |
| Two BR | $2,274 |
| Three BR | $3,045 |
| Four BR | $3,465 |
2024 Fair Market Rents in Nipomo, California
How many units are rented at Fair Market Rent (FMR) in Nipomo?
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 |
| One BR | 37 | 100 percent |
| Two BR | 213 | 31 percent |
Rental Units Below FMR in Nipomo, California
How many affordable rental units are in Nipomo?
There are a variety of federal affordable housing programs serving households in Nipomo, California including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 206 |
Tracked Units by Federal Program in Nipomo, California
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Nipomo, California
Nipomo features 39 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 Nipomo, California
There are 212 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Nipomo.
Housing Choice Vouchers in Nipomo, California
On average, Section 8 Housing Choice vouchers pay Nipomo landlords $900 per month towards rent. The average voucher holder contributes $500 towards rent in Nipomo.
The maximum amount a voucher would pay on behalf of a low-income tenant in Nipomo, California for a two-bedroom apartment is between $2,047 and $2,501.
Sourced from federal housing data and AffordableHousingOnline.com research.