What HUD offices serve El Dorado County, 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 El Dorado County.
How many renters live in El Dorado County, California?
The County of El Dorado County has 192,646 people living in 74,376 households.
There are 40,992 renters living in 16,271 renter households in this County. Renters make up 21.28 percent of the population living in El Dorado County.
What is the rental market like in El Dorado County, California?
There are an estimated 94,831 housing units in the El Dorado County area. Of these, 18,078 units are rental homes, making up 19 percent of the housing market. For every renter household in El Dorado County, California, there are 1 rental units.
What is the vacancy rate for rentals in El Dorado County?
The rental vacancy rate in El Dorado County is 8 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in El Dorado County for each bedroom size?
Occupied Rental Units by Size in El Dorado County
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
888 | 3,453 | 6,943 | 5,366 | 1,132 |
Occupied Rental Units by Size in El Dorado County
A large number of apartments in El Dorado County 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 El Dorado County are overburdened by housing costs?
Among renter households in this market, 59 percent have housing cost burden. Further, 27 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 El Dorado County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,543 to $3,321. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $1,543 |
One BR | $1,666 |
Two BR | $2,072 |
Three BR | $2,884 |
Four BR | $3,321 |
2024 Fair Market Rents in El Dorado County, California
How many units are rented at Fair Market Rent (FMR) in El Dorado County?
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 | 767 | 86 percent |
One BR | 2,318 | 67 percent |
Two BR | 3,248 | 47 percent |
Rental Units Below FMR in El Dorado County, California
How many affordable rental units are in El Dorado County?
There are a variety of federal affordable housing programs serving households in El Dorado County, California including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | 1,509 |
Section 8 Project-Based Rental Assistance | 314 |
Section 202 Supportive Housing for the Elderly | 104 |
Section 811 Supportive Housing for Persons with Disabilities | 17 |
USDA Section 515 Rural Rental Housing | 364 |
Tracked Units by Federal Program in El Dorado County, California
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in El Dorado County, California
El Dorado County features 714 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 El Dorado County, California
There are 1,016 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in El Dorado County.
Housing Choice Vouchers in El Dorado County, California
On average, Section 8 Housing Choice vouchers pay El Dorado County landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in El Dorado County.
The maximum amount a voucher would pay on behalf of a low-income tenant in El Dorado County, California for a two-bedroom apartment is between $1,865 and $2,279.
Sourced from federal housing data and AffordableHousingOnline.com research.