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

Discover affordable housing in Tracy where there are 7+ 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.

Stone Pine Meadow

229 W Grant Line Road, Tracy, California 95376

Tracy Garden Apartments

662 East Street, Tracy, California 95376

Mountain View Townhomes Apartments

377 W Mount Diablo Ave, Tracy, California 95376

Tracy Village Apartments

435 East Sixth Street, Tracy, California 95376

Tracy Senior Apartments

902 W 12th St, Tracy, California 95376

Chesapeake Bay Apartments

3941 W Lowell Ave, Tracy, California 0

Tracy & Buthmann Homes

2525 Buthmann Ave, Tracy, California 95376

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Tracy, California
$30.44/hour
$14.44 (+90%) more than California minimum wage and $23.19 (+320%) more than the Federal minimum wage.
Learn More About Tracy, California Affordable Housing ↓

What HUD offices serve Tracy, 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 programs for Tracy, California.

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

How many renters live in Tracy, California?

The City of Tracy has 97,328 people living in 27,260 households.

There are 31,265 renters living in 9,373 renter households in this City. Renters make up 32.12 percent of the population living in Tracy.

What is the rental market like in Tracy, California?

There are an estimated 28,500 housing units in the Tracy area. Of these, 10,247 units are rental homes, making up 36 percent of the housing market. For every renter household in Tracy, California, there are 1 rental units.

What is the vacancy rate for rentals in Tracy?

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

Occupied Rental Units by Size in Tracy
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
260 1,547 3,111 3,053 1,850
Occupied Rental Units by Size in Tracy

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

Among renter households in this market, 47 percent have housing cost burden. Further, 23 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 Tracy

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,122 to $2,727. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,122
One BR $1,245
Two BR $1,607
Three BR $2,265
Four BR $2,727
2024 Fair Market Rents in Tracy, California

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

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 24 9 percent
One BR 435 28 percent
Two BR 1,031 33 percent
Rental Units Below FMR in Tracy, California

How many affordable rental units are in Tracy?

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

Federal Program Unit Count
Low Income Housing Tax Credit 314
Public Housing 195
Section 8 Project-Based Rental Assistance 158
Tracked Units by Federal Program in Tracy, California

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

Income Based Apartments in Tracy, California

Tracy features 355 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 Tracy, California

There are 375 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Tracy.

Housing Choice Vouchers in Tracy, California

On average, Section 8 Housing Choice vouchers pay Tracy landlords $700 per month towards rent. The average voucher holder contributes $500 towards rent in Tracy.

The maximum amount a voucher would pay on behalf of a low-income tenant in Tracy, California for a two-bedroom apartment is between $1,446 and $1,768.

Sourced from federal housing data and AffordableHousingOnline.com research.