What HUD offices serve Calabasas, 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.
Go to the California Public Housing and Low-Income Apartments Waiting Lists page for openings near Calabasas.
How many renters live in Calabasas, California?
The City of Calabasas has 23,106 people living in 8,819 households.
There are 6,820 renters living in 2,729 renter households in this City. Renters make up 29.52 percent of the population living in Calabasas.
What is the rental market like in Calabasas, California?
There are an estimated 9,238 housing units in the Calabasas area. Of these, 2,853 units are rental homes, making up 31 percent of the housing market. For every renter household in Calabasas, California, there are 1 rental units.
What is the vacancy rate for rentals in Calabasas?
The rental vacancy rate in Calabasas is 2 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 Calabasas for each bedroom size?
Occupied Rental Units by Size in Calabasas
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 128 | 581 | 1,204 | 425 | 294 |
Occupied Rental Units by Size in Calabasas
A large number of apartments in Calabasas 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 Calabasas are overburdened by housing costs?
Among renter households in this market, 63 percent have housing cost burden. Further, 46 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 Calabasas
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,777 to $3,600. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,777 |
| One BR | $2,006 |
| Two BR | $2,544 |
| Three BR | $3,263 |
| Four BR | $3,600 |
2024 Fair Market Rents in Calabasas, California
How many units are rented at Fair Market Rent (FMR) in Calabasas?
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 | 31 | 24 percent |
| One BR | 20 | 3 percent |
| Two BR | 16 | 1 percent |
Rental Units Below FMR in Calabasas, California
How many affordable rental units are in Calabasas?
Income Based Apartments in Calabasas, California
Calabasas 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 Calabasas, California
There are 75 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Calabasas.
Housing Choice Vouchers in Calabasas, California
On average, Section 8 Housing Choice vouchers pay Calabasas landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Calabasas.
The maximum amount a voucher would pay on behalf of a low-income tenant in Calabasas, California for a two-bedroom apartment is between $2,290 and $2,798.
Sourced from federal housing data and AffordableHousingOnline.com research.
