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Affordable Housing In Coronado
San Diego County, California

3 Low Income Apartment Communities In Coronado

525 Orange

525 Orange Ave
Coronado, California

Coronado Senior Housing

578 Orange Ave
Coronado, California

Orange Villas

450 Orange Ave
Coronado, California
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Housing Authorities that serve Coronado

Housing Authority Programs
Housing Authority of the County of San Diego Section 8 Housing Choice Voucher (HCV); Public Housing; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV); Moderate Rehabilitation; Housing Opportunities for Persons with AIDS (HOPWA)

Guide To Affordable Housing in Coronado, California

There are 3 low income housing apartment communities offering 64 affordable apartments for rent in Coronado, California.

Income Based Apartments in Coronado, California

Coronado 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 Coronado, California

There are 64 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Coronado.

Housing Choice Vouchers in Coronado, California

On average, Section 8 Housing Choice vouchers pay Coronado landlords $1,100 per month towards rent. The average voucher holder contributes $400 towards rent in Coronado.

The maximum amount a voucher would pay on behalf of a low-income tenant in Coronado, California for a two-bedroom apartment is between $1,833 and $2,241.

2020 Coronado, 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 $1,404 $1,566 $2,037 $2,894 $3,576
Payment Standard Range $1,264 to $1,544 $1,409 to $1,723 $1,833 to $2,241 $2,605 to $3,183 $3,218 to $3,934

Sourced from federal housing data and AffordableHousingOnline.com research.

Coronado, CA Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 64
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 52.4%
Average Renter Household Size 2.47
Average Household Size 2.36
Median Household Income $90,256 ±$4,573
Median Rent $2,099 ±$126
Percentage Of Renters Overburdened 51.53% ± 5.2pp
Total Population 24,447

Population and Household Demographics

Coronado is a city in San Diego County, California with a population of 24,447. There are 8,500 households in the city with an average household size of 2.36 persons. 52.4% of households in Coronado are renters.

Income and Rent Overburden in Coronado

The median gross income for households in Coronado is $90,256 a year, or $7,521 a month. The median rent for the city is $2,099 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Coronado, a household making less than $6,997 a month would be considered overburdened when renting an apartment at or above the median rent. 51.53% of households who rent are overburdened in Coronado.

Area Median Income In Coronado

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 Coronado, the AMI is calculated from all households within San Diego County.

In Coronado, HUD calculates the Area Median Income for a family of four as $92,700

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 Coronado

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 Coronado

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $24,300 $27,750 $31,200 $34,650 $37,450 $40,200 $43,000 $45,750
50% of Median $40,450 $46,200 $52,000 $57,750 $62,400 $67,000 $71,650 $76,250
80% of Median $64,700 $73,950 $83,200 $92,400 $99,800 $107,200 $114,600 $122,000