Affordable Housing In Auburn
Placer County, California

12 Low Income Apartment Communities In Auburn

Mcauley Meadows

535 Sacramento St
Auburn, CA
Income Based
1 BR
62+
Accessible
Elderly Supportive Housing
Subsidized

Brookside Senior Apartments

738 Mikkelsen Dr # 108
Auburn, CA
Call For Rent
1-2 BR
Subsidized

Quartz Ridge Apartments

360 Silver Bend Way, Auburn, CA, 95603
Auburn, CA
Call For Rent
1-3 BR
HCV Welcome

Auburn Court Apartments

12199 Gateway Ct
Auburn, CA
Call For Rent
2-4 BR
HCV Welcome

Palm Terrace

1040 Red Hawk Lane
Auburn, CA
$952-1,213
2-4 BR
HCV Welcome

Snowcap View Apartments

3540 Snowcap View Circle
Auburn, CA
Call For Rent
1-3 BR

Valley Oaks

600 Auburn Ravine Rd
Auburn, CA
62+
Accessible
Elderly Supportive Housing
Subsidized

Auburn Palms

701 Auburn Ravine Rd
Auburn, CA
Subsidized

Auburn Ravine Terrace

750 Auburn Ravine Rd
Auburn, CA
Subsidized

Auburn Villa

628 Mikkelsen Dr
Auburn, CA
Subsidized

Housing Authorities that serve Auburn

Housing Authority Programs
Placer County Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Auburn, California

According to federal housing data and AffordableHousingOnline.com research, there are 12 low income housing apartment communities offering 857 affordable apartments for rent in Auburn, California. Auburn features 542 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 315 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Auburn.

Auburn, CA Affordable Housing Snapshot

Total Affordable Apartment Properties 12
Total Low Income Apartments 857
Total Housing Units with Rental Assistance 542
Percentage of Housing Units Occupied By Renters 43.03%
Average Renter Household Size 2.05
Average Household Size 2.22
Median Household Income $53,984 ±$5,530
Median Rent $1,040 ±$73
Percentage Of Renters Overburdened 50.69% ± 6.82pp
Total Population 13,785

Population and Household Demographics

Auburn is a City in Placer County, California with a population of 13,785. There are 6,065 households in the city with an average household size of 2.22 persons. 43.03% of households in Auburn are renters.

Income and Rent Overburden in Auburn

The median gross income for households in Auburn is $53,984 a year, or $4,499 a month. The median rent for the city is $1,040 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Auburn, a household making less than $3,467 a month would be considered overburdened when renting an apartment at or above the median rent. 50.69% of households who rent are overburdened in Auburn.1

Area Median Income In Auburn

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 Auburn, the AMI is calculated from all households within Placer County.

In Auburn, HUD calculates the Area Median Income for a family of four as $83,600

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 Auburn

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 Auburn HUD Rental Assistance in Auburn

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $17,600 $20,100 $22,600 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $29,300 $33,450 $37,650 $41,800 $45,150 $48,500 $51,850 $55,200
80% of Median $46,850 $53,550 $60,250 $66,900 $72,300 $77,650 $83,000 $88,350
Low Income Housing Tax Credits in Auburn

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

From 1994 to 2003, 5 low income apartment communities containing 289 rental apartments have been constructed and made affordable to low income persons in Auburn 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 Auburn

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $29,300 $33,450 $37,650 $41,800 $45,150 $48,500 $51,850 $55,200
60% of Median $35,160 $40,140 $45,180 $50,160 $54,180 $58,200 $62,220 $66,240

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 Auburn is $45,180 a year, or $3,765 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,765 by 30% to get a maximum rent of $1,130 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% $733 $784 $941 $1,087 $1,213 $1,338
60% $879 $941 $1,130 $1,304 $1,455 $1,606
Fair Market Rents in Auburn

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
$952 $1,072 $1,349 $1,946 $2,368