What HUD offices serve Saratoga, 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 Saratoga.
How many renters live in Saratoga, California?
The City of Saratoga has 30,771 people living in 10,798 households.
There are 3,694 renters living in 1,397 renter households in this City. Renters make up 12 percent of the population living in Saratoga.
What is the rental market like in Saratoga, California?
There are an estimated 11,473 housing units in the Saratoga area. Of these, 1,492 units are rental homes, making up 13 percent of the housing market. For every renter household in Saratoga, California, there are 1 rental units.
What is the vacancy rate for rentals in Saratoga?
The rental vacancy rate in Saratoga is 6 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 Saratoga for each bedroom size?
Occupied Rental Units by Size in Saratoga
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 11 | 214 | 299 | 467 | 286 |
Occupied Rental Units by Size in Saratoga
A large number of apartments in Saratoga 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 Saratoga are overburdened by housing costs?
Among renter households in this market, 31 percent have housing cost burden. Further, 18 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 Saratoga
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $2,383 to $4,425. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $2,383 |
| One BR | $2,694 |
| Two BR | $3,132 |
| Three BR | $4,011 |
| Four BR | $4,425 |
2024 Fair Market Rents in Saratoga, California
How many units are rented at Fair Market Rent (FMR) in Saratoga?
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 | 11 | 100 percent |
| One BR | 132 | 62 percent |
| Two BR | 53 | 18 percent |
Rental Units Below FMR in Saratoga, California
How many affordable rental units are in Saratoga?
There are a variety of federal affordable housing programs serving households in Saratoga, California including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 148 |
| Section 8 Project-Based Rental Assistance | 170 |
Tracked Units by Federal Program in Saratoga, California
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Saratoga, California
Saratoga features 170 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 Saratoga, California
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Saratoga.
Housing Choice Vouchers in Saratoga, California
On average, Section 8 Housing Choice vouchers pay Saratoga landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Saratoga.
The maximum amount a voucher would pay on behalf of a low-income tenant in Saratoga, California for a two-bedroom apartment is between $2,819 and $3,445.
Sourced from federal housing data and AffordableHousingOnline.com research.
