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

Discover affordable housing in Banning where there are 4+ 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.

Peppertree Apartments

456 E Nicolet St, Banning, California 92220

bed 2-4
payment $585-1027/mo.
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Summit Ridge Apartments

555 N. Hathaway Street, Banning, California 92220

bed 2-3
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Westview Terrace Apartments

287 W Westward Ave, Banning, California 92220

payment Subsidized
accessibility Accessible

Banning Townhomes

975 E WILLIAMS ST, Banning, California 92220

bed Studio
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Banning, California

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
calendar_today Opened: Jun 30
Open Until Further Notice
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Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Banning, California
$38.07/hour
$22.07 (+138%) more than California minimum wage and $30.82 (+425%) more than the Federal minimum wage.
Learn More About Banning, California Affordable Housing ↓

What HUD offices serve Banning, 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 Banning, California.

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

How many renters live in Banning, California?

The City of Banning has people living in households.

There are renters living in renter households in this City. Renters make up 32.94 percent of the population living in Banning.

What is the rental market like in Banning, California?

There are an estimated housing units in the Banning area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Banning, California, there are 1.1 rental units.

What is the vacancy rate for rentals in Banning?

The rental vacancy rate in Banning is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Banning for each bedroom size?

Occupied Rental Units by Size in Banning
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
144 424 1,524 832 181
Occupied Rental Units by Size in Banning

A large number of apartments in Banning have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Banning

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,517 to $3,304. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,517
One BR $1,611
Two BR $2,010
Three BR $2,707
Four BR $3,304
2024 Fair Market Rents in Banning, California

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

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 116 81 percent
One BR 369 87 percent
Two BR 983 65 percent
Rental Units Below FMR in Banning, California

How many affordable rental units are in Banning?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Tracked Units by Federal Program in Banning, California

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

Income Based Apartments in Banning, California

Banning features 90 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 Banning, California

There are 162 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Banning.

Housing Choice Vouchers in Banning, California

On average, Section 8 Housing Choice vouchers pay Banning landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Banning.

The maximum amount a voucher would pay on behalf of a low-income tenant in Banning, California for a two-bedroom apartment is between $1,809 and $2,211.

Sourced from federal housing data and AffordableHousingOnline.com research.

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