Affordable Housing In Sierra Vista
Cochise County, Arizona

8 Low Income Apartment Communities In Sierra Vista

Mountain View Apartments

77 El Camino Real
Sierra Vista, AZ
Call For Rent
2-4 BR

Bonita Vista Apartments

570 S Coronado Dr
Sierra Vista, AZ

Santa Fe Springs

400 Denman Ave
Sierra Vista, AZ
HCV Welcome

Casa Del Sol

1020 S Carmichael Ave
Sierra Vista, AZ
HCV Welcome

Las Palomas

499 S Carmichael Ave
Sierra Vista, AZ
HCV Welcome

San Pedro Apartments

4600 Charleston Rd
Sierra Vista, AZ
HCV Welcome

Crystal Creek Townhomes

4500 Campus Dr
Sierra Vista, AZ
HCV Welcome

Sun Crest Apartments

105 N Toscanini Ave
Sierra Vista, AZ
HCV Welcome
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Housing Authorities that serve Sierra Vista

Housing Authority Programs
Housing Authority of Cochise County Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Sierra Vista, Arizona

According to federal housing data and research, there are 8 low income housing apartment communities offering 629 affordable apartments for rent in Sierra Vista, Arizona. Sierra Vista features 160 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 469 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Sierra Vista.

Sierra Vista, AZ Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 629
Total Housing Units with Rental Assistance 160
Percentage of Housing Units Occupied By Renters 47.21%
Average Renter Household Size 2.54
Average Household Size 2.49
Median Household Income $59,091 ±$2,701
Median Rent $931 ±$31
Percentage Of Renters Overburdened 42.94% ± 5.39pp
Total Population 44,892

Population and Household Demographics

Sierra Vista is a City in Cochise County, Arizona with a population of 44,892. There are 16,777 households in the city with an average household size of 2.49 persons. 47.21% of households in Sierra Vista are renters.

Income and Rent Overburden in Sierra Vista

The median gross income for households in Sierra Vista is $59,091 a year, or $4,924 a month. The median rent for the city is $931 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Sierra Vista, a household making less than $3,103 a month would be considered overburdened when renting an apartment at or above the median rent. 42.94% of households who rent are overburdened in Sierra Vista.1

Area Median Income In Sierra Vista

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 Sierra Vista, the AMI is calculated from all households within Cochise County.

In Sierra Vista, HUD calculates the Area Median Income for a family of four as $54,100

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 Sierra Vista

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 Sierra Vista HUD Rental Assistance in Sierra Vista

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $12,490 $16,910 $21,330 $25,750 $30,000 $32,200 $34,450 $36,650
50% of Median $19,450 $22,200 $25,000 $27,750 $30,000 $32,200 $34,450 $36,650
80% of Median $31,100 $35,550 $40,000 $44,400 $48,000 $51,550 $55,100 $58,650
Low Income Housing Tax Credits in Sierra Vista

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1996 to 2012, 5 low income apartment communities containing 443 rental apartments have been constructed and made affordable to low income persons in Sierra Vista by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Sierra Vista

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $19,450 $22,200 $25,000 $27,750 $30,000 $32,200 $34,450 $36,650
60% of Median $23,340 $26,640 $30,000 $33,300 $36,000 $38,640 $41,340 $43,980

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Sierra Vista is $30,000 a year, or $2,500 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,500 by 30% to get a maximum rent of $750 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $486 $521 $625 $722 $805 $889
60% $584 $625 $750 $866 $966 $1,067
Fair Market Rents in Sierra Vista

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$654 $658 $857 $1,236 $1,505