. Low Income Apartments For Rent in Chino Valley, Arizona - Affordable Housing Online

Granite Creek Apartments

160 N Hwy 89
Chino Valley, Arizona
Rent Assisted
Senior
Supportive
LIHTC
S. 515 Rural
Call For Rent
1-2 BR

Antelope Valley Apartments

1555 S Hwy 89
Chino Valley, Arizona
Rent Assisted
LIHTC
Showing Results 1-15
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There are 96 low-income apartments in Chino Valley that offer reduced rents to eligible households.

Rental assistance programs support 0 low-income homes in Chino Valley where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on March 17th, 2021. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Chino Valley, Arizona

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.

Housing Authority Programs
Arizona Department of Housing Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the Arizona Public Housing and Low-Income Apartments Waiting Lists page for openings near Chino Valley.

Chino Valley, Arizona Affordable Housing Data

Income Based Apartments in Chino Valley, Arizona

Chino Valley 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 Chino Valley, Arizona

There are 96 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Chino Valley.

Housing Choice Vouchers in Chino Valley, Arizona

On average, Section 8 Housing Choice vouchers pay Chino Valley landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Chino Valley.

The maximum amount a voucher would pay on behalf of a low-income tenant in Chino Valley, Arizona for a two-bedroom apartment is between $1,153 and $1,409.

2023 Chino Valley, Arizona Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Chino Valley, Arizona Fair Market Rent $857 $1,042 $1,281 $1,769 $2,045
Chino Valley, Arizona Payment Standard Range $771 to $943 $938 to $1,146 $1,153 to $1,409 $1,592 to $1,946 $1,841 to $2,250

Sourced from federal housing data and AffordableHousingOnline.com research.

Chino Valley, AZ Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 96
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 26.05%
Average Renter Household Size 2.66
Average Household Size 2.51
Median Household Income $43,379 ±$2,418
Median Rent $743 ±$108
Percentage Of Renters Overburdened 41.69% ± 14.7pp
Total Population 10,961

Population and Household Demographics

Chino Valley is a city in Yavapai County, Arizona with a population of 10,961. There are 4,365 households in the city with an average household size of 2.51 persons. 26.05% of households in Chino Valley are renters.

Income and Rent Overburden in Chino Valley

The median gross income for households in Chino Valley is $43,379 a year, or $3,615 a month. The median rent for the city is $743 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Chino Valley, a household making less than $2,477 a month would be considered overburdened when renting an apartment at or above the median rent. 41.69% of households who rent are overburdened in Chino Valley.

Area Median Income In Chino Valley

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Chino Valley, the AMI is calculated from all households within Yavapai County.

In Chino Valley, HUD calculates the Area Median Income for a family of four as $76,700

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Chino Valley

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Chino Valley

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Chino Valley AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,900 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $49,850
50% AMI Income Limits
Renters earning up to 50% of the Chino Valley AMI may qualify for rental assistance programs that target Very Low Income households.
$26,450 $30,200 $34,000 $37,750 $40,800 $43,800 $46,850 $49,850
80% AMI Income Limits
Renters earning up to 80% of the Chino Valley AMI may qualify for rental assistance programs that target Low Income households.
$42,300 $48,350 $54,400 $60,400 $65,250 $70,100 $74,900 $79,750