Affordable Housing In Bermuda Dunes
1 Low Income Apartment Communities In Bermuda Dunes
Housing Authorities that serve Bermuda Dunes
|Housing Authority of the County of Riverside||Section 8 Housing Choice Voucher (HCV); Public Housing|
Guide To Affordable Housing in Bermuda Dunes, California
There are 1 low income housing apartment communities offering 90 affordable apartments for rent in Bermuda Dunes, California.
Income Based Apartments in Bermuda Dunes, California
Bermuda Dunes 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 Bermuda Dunes, California
There are 90 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bermuda Dunes.
Housing Choice Vouchers in Bermuda Dunes, California
On average, Section 8 Housing Choice vouchers pay Bermuda Dunes landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Bermuda Dunes.
The maximum amount a voucher would pay on behalf of a low-income tenant in Bermuda Dunes, California for a two-bedroom apartment is between $1,160 and $1,418.
2020 Bermuda Dunes, California 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||$875||$1,030||$1,289||$1,789||$2,216|
|Payment Standard Range||$788 to $963||$927 to $1,133||$1,160 to $1,418||$1,610 to $1,968||$1,994 to $2,438|
Sourced from federal housing data and AffordableHousingOnline.com research.
Bermuda Dunes, CA Affordable Housing Snapshot
|Total Affordable Apartment Properties||1|
|Total Low Income Apartments||90|
|Total Housing Units with Rental Assistance||0|
|Percentage of Housing Units Occupied By Renters||52.04%|
|Average Renter Household Size||2.99|
|Average Household Size||2.89|
|Median Household Income||$60,020 ±$6,731|
|Median Rent||$1,148 ±$40|
|Percentage Of Renters Overburdened||57.89% ± 15.58pp|
Population and Household Demographics
Bermuda Dunes is a city in Riverside County, California with a population of 8,219. There are 2,838 households in the city with an average household size of 2.89 persons. 52.04% of households in Bermuda Dunes are renters.
Income and Rent Overburden in Bermuda Dunes
The median gross income for households in Bermuda Dunes is $60,020 a year, or $5,002 a month. The median rent for the city is $1,148 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bermuda Dunes, a household making less than $3,827 a month would be considered overburdened when renting an apartment at or above the median rent. 57.89% of households who rent are overburdened in Bermuda Dunes.
Area Median Income In Bermuda Dunes
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 Bermuda Dunes, the AMI is calculated from all households within Riverside County.
In Bermuda Dunes, HUD calculates the Area Median Income for a family of four as $75,300
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 Bermuda Dunes
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 Bermuda Dunes
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$15,850||$18,100||$21,720||$26,200||$30,680||$35,160||$39,640||$44,120|
|50% of Median||$26,400||$30,150||$33,900||$37,650||$40,700||$43,700||$46,700||$49,700|
|80% of Median||$42,200||$48,200||$54,250||$60,250||$65,100||$69,900||$74,750||$79,550|