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Affordable Housing In Fountain Hills
Maricopa County, Arizona

Housing Authorities that serve Fountain Hills

Housing Authority Programs
Arizona Behavioral Health Corporation Section 8 Housing Choice Voucher (HCV)
Housing Authority of Maricopa County Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Fountain Hills, Arizona

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Fountain Hills, Arizona.

Income Based Apartments in Fountain Hills, Arizona

Fountain Hills 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 Fountain Hills, Arizona

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fountain Hills.

Housing Choice Vouchers in Fountain Hills, Arizona

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Fountain Hills, Arizona for a two-bedroom apartment is between $1,056 and $1,290.

2020 Fountain Hills, 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
Fair Market Rent $847 $958 $1,173 $1,676 $1,916
Payment Standard Range $762 to $932 $862 to $1,054 $1,056 to $1,290 $1,508 to $1,844 $1,724 to $2,108

Sourced from federal housing data and AffordableHousingOnline.com research.

Fountain Hills, AZ Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 18.26%
Average Renter Household Size 2.26
Average Household Size 2.12
Median Household Income $73,272 ±$3,485
Median Rent $1,153 ±$75
Percentage Of Renters Overburdened 40.44% ± 10.66pp
Total Population 23,322

Population and Household Demographics

Fountain Hills is a city in Maricopa County, Arizona with a population of 23,322. There are 10,970 households in the city with an average household size of 2.12 persons. 18.26% of households in Fountain Hills are renters.

Income and Rent Overburden in Fountain Hills

The median gross income for households in Fountain Hills is $73,272 a year, or $6,106 a month. The median rent for the city is $1,153 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Fountain Hills, a household making less than $3,843 a month would be considered overburdened when renting an apartment at or above the median rent. 40.44% of households who rent are overburdened in Fountain Hills.

Area Median Income In Fountain Hills

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 Fountain Hills, the AMI is calculated from all households within Maricopa County.

In Fountain Hills, HUD calculates the Area Median Income for a family of four as $77,800

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 Fountain Hills

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 Fountain Hills

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,350 $18,700 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $27,250 $31,150 $35,050 $38,900 $42,050 $45,150 $48,250 $51,350
80% of Median $43,600 $49,800 $56,050 $62,250 $67,250 $72,250 $77,200 $82,200