Affordable Housing In Cypress
Orange County, California

2 Low Income Apartment Communities In Cypress

Cypress Sunrise Apartments

9151 Grindlay St
Cypress, California
Elderly Supportive Housing

Tara Village Apartments

5201 Lincoln Ave
Cypress, California
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Housing Authorities that serve Cypress

Housing Authority Programs
Orange County Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Cypress, California

There are 2 low income housing apartment communities offering 245 affordable apartments for rent in Cypress, California.

Income Based Apartments in Cypress, California

Cypress features 75 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 Cypress, California

There are 170 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cypress.

Housing Choice Vouchers in Cypress, California

On average, Section 8 Housing Choice vouchers pay Cypress landlords $1,400 per month towards rent. The average voucher holder contributes $600 towards rent in Cypress.

The maximum amount a voucher would pay on behalf of a low-income tenant in Cypress, California for a two-bedroom apartment is between $2,098 and $2,564.

2021 Cypress, 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
Cypress, California Fair Market Rent $1,678 $1,888 $2,331 $3,227 $3,716
Cypress, California Payment Standard Range $1,510 to $1,846 $1,699 to $2,077 $2,098 to $2,564 $2,904 to $3,550 $3,344 to $4,088

Sourced from federal housing data and research.

Cypress, CA Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 245
Total Housing Units with Rental Assistance 75
Percentage of Housing Units Occupied By Renters 33.66%
Average Renter Household Size 3.19
Average Household Size 3.08
Median Household Income $81,738 ±$2,699
Median Rent $1,621 ±$59
Percentage Of Renters Overburdened 48.56% ± 4.58pp
Total Population 49,008

Population and Household Demographics

Cypress is a city in Orange County, California with a population of 49,008. There are 15,807 households in the city with an average household size of 3.08 persons. 33.66% of households in Cypress are renters.

Income and Rent Overburden in Cypress

The median gross income for households in Cypress is $81,738 a year, or $6,812 a month. The median rent for the city is $1,621 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Cypress, a household making less than $5,403 a month would be considered overburdened when renting an apartment at or above the median rent. 48.56% of households who rent are overburdened in Cypress.

Area Median Income In Cypress

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 Cypress, the AMI is calculated from all households within Orange County.

In Cypress, HUD calculates the Area Median Income for a family of four as $106,700

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 Cypress

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 Cypress

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Cypress AMI may qualify for rental assistance programs that target Extremely Low Income households.
$28,250 $32,300 $36,350 $40,350 $43,600 $46,850 $50,050 $53,300
50% AMI Income Limits
Renters earning up to 50% of the Cypress AMI may qualify for rental assistance programs that target Very Low Income households.
$47,100 $53,800 $60,550 $67,250 $72,650 $78,050 $83,400 $88,800
80% AMI Income Limits
Renters earning up to 80% of the Cypress AMI may qualify for rental assistance programs that target Low Income households.
$75,300 $86,050 $96,800 $107,550 $116,200 $124,800 $133,400 $142,000