Affordable Housing In Los Banos
Merced County, California

9 Low Income Apartment Communities In Los Banos

MacArthur Apartments

1130 F Street
Los Banos, CA
Call For Rent
1-2 BR
62+
Subsidized

Central Valley Apartments I

1130 D St/321 San Juan
Los Banos, CA

Central Valley Apartments II

1130 D St/321 San Juan
Los Banos, CA
Subsidized

Los Banos II Family Apartments

2125 Gilbert Gonzalez Jr Dr
Los Banos, CA
HCV Welcome

Carrington Pointe

1985 San Luis St
Los Banos, CA
HCV Welcome

Scattered Sites

736 Abby Cir
Los Banos, CA

Heritage Village Apartments

1156 San Luis St
Los Banos, CA
Subsidized

Los Banos Apartments

44 W I St
Los Banos, CA
Subsidized

Los Banos Family Apartments ( Aka Pacheco Village )

2235 Gilbert Gonzalez Jr Dr
Los Banos, CA
HCV Welcome
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There are 9 low income housing apartment complexes which contain 591 affordable apartments for rent in Los Banos. Many of these rental apartments are income based housing with 326 apartments that set rent based on your income. In Los Banos, HUD housing programs support 50 rental assistance apartments through programs like Project-based Section 8. There are 265 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Los Banos

Housing Authority Programs
Housing Authority of the County of Merced Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Los Banos, California

Los Banos, CA Affordable Housing Snapshot

Total Affordable Apartment Properties 9
Total Low Income Apartments 591
Total Rent Assisted Apartments 326
Percentage of Housing Units Occupied By Renters 48.38%
Average Renter Household Size 3.71
Total Population 36,847
Housing Units 10,457
Average Household Size 3.51
Median Household Income $44,292 ±$2,589
Median Rent $1,068 ±$39
Percentage Of Renters Overburdened 58.33% ± 6.95pp

Population and Household Demographics

Los Banos is a City in Merced County, California with a population of 36,847. There are 10,457 households in the city with an average household size of 3.51 persons. 48.38% of households in Los Banos are renters.

Income and Rent Overburden in Los Banos

The median gross income for households in Los Banos is $44,292 a year, or $3,691 a month. The median rent for the city is $1,068 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Los Banos, a household making less than $3,560 a month would be considered overburdened when renting an apartment at or above the median rent. 58.33% of households who rent are overburdened in Los Banos.1

Area Median Income In Los Banos

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 Los Banos, the AMI is calculated from all households within Merced County.

In Los Banos, HUD calculates the Area Median Income for a family of four as $55,500

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 Los Banos

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 Los Banos HUD Rental Assistance in Los Banos

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $13,650 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $42,800
50% of Median $22,700 $25,950 $29,200 $32,400 $35,000 $37,600 $40,200 $42,800
80% of Median $36,300 $41,500 $46,700 $51,850 $56,000 $60,150 $64,300 $68,450
Low Income Housing Tax Credits in Los Banos

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

From 1988 to 2012, 7 low income apartment communities containing 463 rental apartments have been constructed and made affordable to low income persons in Los Banos by the Low Income Housing Tax Credit Program.

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 Los Banos

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $22,700 $25,950 $29,200 $32,400 $35,000 $37,600 $40,200 $42,800
60% of Median $27,240 $31,140 $35,040 $38,880 $42,000 $45,120 $48,240 $51,360

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 Los Banos is $35,040 a year, or $2,920 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $2,920 by 30% to get a maximum rent of $876 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% $568 $608 $730 $843 $940 $1,038
60% $681 $730 $876 $1,011 $1,128 $1,245
Fair Market Rents in Los Banos

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
$579 $680 $839 $1,213 $1,465