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

Discover affordable housing in Soquel 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.

The Farm

3120 Cunnison Ln, Soquel, California 95073

Osocales

4151 Soquel Dr, Soquel, California 95073

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Soquel, California
$76.78/hour
$60.78 (+380%) more than California minimum wage and $69.53 (+959%) more than the Federal minimum wage.
Learn More About Soquel, California Affordable Housing ↓

What HUD offices serve Soquel, 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), Family Unification Program (FUP) programs for Soquel, California.

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

How many renters live in Soquel, California?

The City of Soquel has 10,505 people living in 4,127 households.

There are 2,860 renters living in 1,099 renter households in this City. Renters make up 27.23 percent of the population living in Soquel.

What is the rental market like in Soquel, California?

There are an estimated 4,341 housing units in the Soquel area. Of these, 1,099 units are rental homes, making up 25 percent of the housing market. For every renter household in Soquel, California, there are 1 rental units.

What is the vacancy rate for rentals in Soquel?

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

Occupied Rental Units by Size in Soquel
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
56 215 419 376 33
Occupied Rental Units by Size in Soquel

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

Among renter households in this market, 47 percent have housing cost burden. Further, 27 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 Soquel

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $2,849 to $5,504. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $2,849
One BR $3,085
Two BR $4,054
Three BR $5,000
Four BR $5,504
2024 Fair Market Rents in Soquel, California

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

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 56 100 percent
One BR 78 36 percent
Two BR 64 15 percent
Rental Units Below FMR in Soquel, California

How many affordable rental units are in Soquel?

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

Federal Program Unit Count
Low Income Housing Tax Credit 54
Tracked Units by Federal Program in Soquel, California

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

Income Based Apartments in Soquel, California

Soquel 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 Soquel, California

There are 59 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Soquel.

Housing Choice Vouchers in Soquel, California

On average, Section 8 Housing Choice vouchers pay Soquel landlords $1,400 per month towards rent. The average voucher holder contributes $600 towards rent in Soquel.

The maximum amount a voucher would pay on behalf of a low-income tenant in Soquel, California for a two-bedroom apartment is between $3,649 and $4,459.

Sourced from federal housing data and AffordableHousingOnline.com research.