Cheap Apartments In Hollister
San Benito County, California

Low Income Apartments In Hollister

Vista Meadows Senior Apartments

108 E Park St
Hollister, CA
Income Based
1-2 BR
HCV Welcome

Gateway Palms Apartments

455 Westside Blvd
Hollister, CA
$389-1,048
Studio-4 BR
HCV Welcome

Rancho Park

1200 Rancho Drive
Hollister, CA
$431-1,002
2-4 BR
HCV Welcome

Rustic Gardens

190 Sierra Court
Hollister, CA
$477-1,068
2-4 BR
HCV Welcome

Lado Del Rio Apartments

901-D Del Rio Dr
Hollister, CA
1-3 BR

Prospect Villa II Apartments

970 Prospect Ave
Hollister, CA
1 BR
62+
Subsidized

Prospect Villa Apartments

998 Prospect Ave
Hollister, CA
2 BR
Subsidized

Prospect Avenue Senior Apartments

190 E Park St
Hollister, CA
1 BR
62+

Prospect Villa III Apartments

960 Prospect Ave
Hollister, CA
1 BR
62+

Westside Terrace

1350 Westside Boulevard/ 900 Nash
Hollister, CA
Subsidized

There are 13 low income housing apartment complexes which contain 328 affordable apartments for rent in Hollister, California. Many of these rental apartments are income based housing with about 126 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 0 Project-Based Section 8 subsidized apartments in Hollister. There are 426 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Housing Authorities that serve Hollister

Housing Authority Programs
Housing Authority of the County of Santa Cruz Section 8 Housing Choice Voucher; Public Housing

Understanding Affordable Housing in Hollister, California

Hollister, CA Affordable Housing Snapshot

Total Affordable Apartment Properties 13
Total Low Income Apartments 328
Total Rent Assisted Apartments 126
Percentage of Housing Units Occupied By Renters 42.35%
Average Renter Household Size 3.93
Total Population 36,529
Housing Units 10,063
Average Household Size 3.62
Median Household Income $69,157 ±$3,244
Median Rent $1,374 ±$83
Percentage Of Renters Overburdened 54.11% ± 6.85pp

Population and Household Demographics

Hollister is a City in San Benito County, California with a population of 36,529. There are 10,063 households in the city with an average household size of 3.62 persons. 42.35% of households in Hollister are renters.

Income and Rent Overburden in Hollister

The median gross income for households in Hollister is $69,157 a year, or $5,763 a month. The median rent for the city is $1,374 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hollister, a household making less than $4,580 a month would be considered overburdened when renting an apartment at or above the median rent. 54.11% of households who rent are overburdened in Hollister.1

Data derived from 2010 Census and 2015 5-Year American Community Survey. Learn More.
1 Margin of Error: ± 6.85 percentage points.

Area Median Income In Hollister

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 Hollister, the AMI is calculated from all households within San Benito County.

In Hollister, HUD calculates the Area Median Income for a family of four as $79,800

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 Hollister

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 Hollister HUD Rental Assistance in Hollister

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $19,600 $22,400 $25,200 $27,950 $30,200 $33,740 $38,060 $42,380
50% of Median $32,600 $37,250 $41,900 $46,550 $50,300 $54,000 $57,750 $61,450
80% of Median $52,200 $59,650 $67,100 $74,550 $80,550 $86,500 $92,450 $98,450

You can identify apartment communities that participate in a program that provides rental assistance by looking for the tags in the apartment list above. View Apartments.

Low Income Housing Tax Credits in Hollister

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1990 to 2011, 8 low income apartment communities containing 299 rental apartments have been constructed and made affordable to low income persons in Hollister by the Low Income Housing Tax Credit Program.

You can identify apartment communities that participate in the program in Hollister by looking for the tag in the apartment list above. View Apartments.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Hollister

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $32,600 $37,250 $41,900 $46,550 $50,300 $54,000 $57,750 $61,450
60% of Median $39,120 $44,700 $50,280 $55,860 $60,360 $64,800 $69,300 $73,740

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Hollister is $50,280 a year, or $4,190 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $4,190 by 30% to get a maximum rent of $1,257 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $815 $873 $1,048 $1,211 $1,350 $1,490
60% $978 $1,048 $1,257 $1,453 $1,620 $1,788
Fair Market Rents in Hollister

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$1,314 $1,323 $1,750 $2,530 $3,074