Affordable Housing In Madera
Madera County, California

17 Low Income Apartment Communities In Madera

Valle De Las Brisas Apartments

101 E Adell St
Madera, CA
Call For Rent
1 BR
HCV Welcome

Village at Madera

501 Monterey St
Madera, CA
HCV Welcome

Creekside Apartments

1601 Creekside Dr
Madera, CA
HCV Welcome

Yosemite Manor

108 S P St
Madera, CA
Subsidized

Clinton Avenue Apartments

815 Clinton St
Madera, CA
HCV Welcome

Sherwood Point Apartments

338 W Sherwood Way
Madera, CA
HCV Welcome

Sunrise Terrace

601 Sunrise Ave
Madera, CA
HCV Welcome

Parksdale Village

13549 Wood St
Madera, CA
HCV Welcome

Madera County

2236 Tozer St
Madera, CA
HCV Welcome

Madera Villa Apartments

2160 N Schnoor St
Madera, CA
HCV Welcome

Housing Authorities that serve Madera

Housing Authority Programs
Housing Authority of the City of Madera Section 8 Housing Choice Voucher (HCV); Public Housing; Veteran Affairs Supportive Housing (VASH); Family Unification Program (FUP)

Guide To Affordable Housing in Madera, California

There are 17 low income housing apartment communities offering 1,315 affordable apartments for rent in Madera, California. Madera features 443 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 872 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Madera.

Sourced from federal housing data and AffordableHousingOnline.com research.

Madera, CA Affordable Housing Snapshot

Total Affordable Apartment Properties 17
Total Low Income Apartments 1,315
Total Housing Units with Rental Assistance 443
Percentage of Housing Units Occupied By Renters 52.26%
Average Renter Household Size 3.92
Average Household Size 3.73
Median Household Income $40,457 ±$1,981
Median Rent $890 ±$28
Percentage Of Renters Overburdened 51.4% ± 4.87pp
Total Population 63,053

Population and Household Demographics

Madera is a City in Madera County, California with a population of 63,053. There are 16,791 households in the city with an average household size of 3.73 persons. 52.26% of households in Madera are renters.

Income and Rent Overburden in Madera

The median gross income for households in Madera is $40,457 a year, or $3,371 a month. The median rent for the city is $890 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Madera, a household making less than $2,967 a month would be considered overburdened when renting an apartment at or above the median rent. 51.4% of households who rent are overburdened in Madera.1

Area Median Income In Madera

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 Madera, the AMI is calculated from all households within Madera County.

In Madera, HUD calculates the Area Median Income for a family of four as $59,100

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 Madera

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 Madera HUD Rental Assistance in Madera

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 Madera

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

From 1988 to 2011, 15 low income apartment communities containing 955 rental apartments have been constructed and made affordable to low income persons in Madera 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 Madera

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 Madera 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 Madera

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.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$833 $839 $1,105 $1,584 $1,717