What HUD offices serve Laguna Woods, 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 Laguna Woods.
How many renters live in Laguna Woods, California?
The City of Laguna Woods has 17,452 people living in 11,932 households.
There are 5,237 renters living in 3,708 renter households in this City. Renters make up 30.01 percent of the population living in Laguna Woods.
What is the rental market like in Laguna Woods, California?
There are an estimated 13,561 housing units in the Laguna Woods area. Of these, 3,966 units are rental homes, making up 29 percent of the housing market. For every renter household in Laguna Woods, California, there are 1 rental units.
What is the vacancy rate for rentals in Laguna Woods?
The rental vacancy rate in Laguna Woods is 3 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Laguna Woods for each bedroom size?
Occupied Rental Units by Size in Laguna Woods
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 95 | 637 | 2,720 | 242 | 0 |
Occupied Rental Units by Size in Laguna Woods
A large number of apartments in Laguna Woods 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 Laguna Woods are overburdened by housing costs?
Among renter households in this market, 66 percent have housing cost burden. Further, 46 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 Laguna Woods
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $2,200 to $4,467. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $2,200 |
| One BR | $2,344 |
| Two BR | $2,783 |
| Three BR | $3,769 |
| Four BR | $4,467 |
2024 Fair Market Rents in Laguna Woods, California
How many units are rented at Fair Market Rent (FMR) in Laguna Woods?
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 | 22 | 23 percent |
| One BR | 142 | 22 percent |
| Two BR | 373 | 14 percent |
Rental Units Below FMR in Laguna Woods, California
How many affordable rental units are in Laguna Woods?
Income Based Apartments in Laguna Woods, California
Laguna Woods 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 Laguna Woods, California
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Laguna Woods.
Housing Choice Vouchers in Laguna Woods, California
On average, Section 8 Housing Choice vouchers pay Laguna Woods landlords $1,400 per month towards rent. The average voucher holder contributes $400 towards rent in Laguna Woods.
The maximum amount a voucher would pay on behalf of a low-income tenant in Laguna Woods, California for a two-bedroom apartment is between $2,505 and $3,061.
Sourced from federal housing data and AffordableHousingOnline.com research.
