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

Discover affordable housing in Belvedere where there are 1+ 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.

Farley Place

515 San Rafael Ave , Belvedere, California 94920

Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Belvedere, California
$63.62/hour
$47.62 (+298%) more than California minimum wage and $56.37 (+777%) more than the Federal minimum wage.
Learn More About Belvedere, California Affordable Housing ↓

What HUD offices serve Belvedere, 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 Belvedere, California.

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

How many renters live in Belvedere, California?

The City of Belvedere has 2,327 people living in 886 households.

There are 581 renters living in 227 renter households in this City. Renters make up 24.97 percent of the population living in Belvedere.

What is the rental market like in Belvedere, California?

There are an estimated 1,085 housing units in the Belvedere area. Of these, 227 units are rental homes, making up 21 percent of the housing market. For every renter household in Belvedere, California, there are 1 rental units.

What is the vacancy rate for rentals in Belvedere?

The rental vacancy rate in Belvedere is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

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

Occupied Rental Units by Size in Belvedere
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 33 90 47 39
Occupied Rental Units by Size in Belvedere

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

How many renter households in Belvedere are overburdened by housing costs?

Among renter households in this market, 53 percent have housing cost burden. Further, 45 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Belvedere

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $2,292 to $4,473. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $2,292
One BR $2,818
Two BR $3,359
Three BR $4,112
Four BR $4,473
2024 Fair Market Rents in Belvedere, California

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

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
One BR 0 100 percent
Two BR 4 4 percent
Rental Units Below FMR in Belvedere, California

How many affordable rental units are in Belvedere?

Income Based Apartments in Belvedere, California

Belvedere 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 Belvedere, California

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

Housing Choice Vouchers in Belvedere, California

On average, Section 8 Housing Choice vouchers pay Belvedere landlords $1,800 per month towards rent. The average voucher holder contributes $600 towards rent in Belvedere.

The maximum amount a voucher would pay on behalf of a low-income tenant in Belvedere, California for a two-bedroom apartment is between $3,023 and $3,695.

Sourced from federal housing data and AffordableHousingOnline.com research.