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Affordable Housing In Corona
Riverside County, California

8 Low Income Apartment Communities In Corona

Corona Community Towers

910 S Belle Ave
Corona, California
Call For Rent
1 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

River Run Senior

863 River Road
Corona, California
Call For Rent
1-2 BR

Corona Community Villas

2680 S Main St
Corona, California
Call For Rent
Studio-1 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

Corona Village

901 South Smith Ave
Corona, California
Call For Rent
2 BR

Corona Park Apartments

956 Avenida del Vista
Corona, California
Call For Rent
1-3 BR
Subsidized

Vintage Terrace Senior Apartments

1910 Fullerton Ave
Corona, California

Corona De Oro Apartments

266 S Cota St
Corona, California

Garrison House

779 Ford St
Corona, California
Subsidized
62+
Accessible
Elderly Supportive Housing
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Housing Authorities that serve Corona

Housing Authority Programs
Housing Authority of the County of Riverside Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Corona, California

There are 8 low income housing apartment communities offering 909 affordable apartments for rent in Corona, California.

Income Based Apartments in Corona, California

Corona features 277 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 Corona, California

There are 632 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Corona.

Housing Choice Vouchers in Corona, California

On average, Section 8 Housing Choice vouchers pay Corona landlords $700 per month towards rent. The average voucher holder contributes $500 towards rent in Corona.

The maximum amount a voucher would pay on behalf of a low-income tenant in Corona, California for a two-bedroom apartment is between $1,160 and $1,418.

2020 Corona, 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.

Corona, CA Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 909
Total Housing Units with Rental Assistance 277
Percentage of Housing Units Occupied By Renters 34.15%
Average Renter Household Size 3.09
Average Household Size 3.30
Median Household Income $74,149 ±$2,589
Median Rent $1,375 ±$22
Percentage Of Renters Overburdened 60.09% ± 3.28pp
Total Population 159,595

Population and Household Demographics

Corona is a city in Riverside County, California with a population of 159,595. There are 48,156 households in the city with an average household size of 3.30 persons. 34.15% of households in Corona are renters.

Income and Rent Overburden in Corona

The median gross income for households in Corona is $74,149 a year, or $6,179 a month. The median rent for the city is $1,375 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Corona, a household making less than $4,583 a month would be considered overburdened when renting an apartment at or above the median rent. 60.09% of households who rent are overburdened in Corona.

Area Median Income In Corona

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 Corona, the AMI is calculated from all households within Riverside County.

In Corona, 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 Corona

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 Corona

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