Affordable Housing programs support 525 income based apartments in Marina Del Rey where households pay rent based on how much they earn.
There are 642 affordable apartments in Marina Del Rey that offer reduced rents to low-income households.
There are no open Section 8 Housing Choice Voucher waiting lists in Marina Del Rey. Go to the California Section 8 Waiting Lists page for openings near Marina Del Rey.
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.
Waiting lists for project-based assistance, like the Public Housing program, are open:
|Los Angeles County Development Authority||Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency; Section 8 Project-Based Voucher (PBV); Moderate Rehabilitation|
Marina Del Rey features 525 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
There are 642 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Marina Del Rey.
On average, Section 8 Housing Choice vouchers pay Marina Del Rey landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Marina Del Rey.
The maximum amount a voucher would pay on behalf of a low-income tenant in Marina Del Rey, California for a two-bedroom apartment is between $2,000 and $2,444.
Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.
|Studio||One BR||Two BR||Three BR||Four BR|
|Marina Del Rey, California Fair Market Rent||$1,534||$1,747||$2,222||$2,888||$3,170|
|Marina Del Rey, California Payment Standard Range||$1,381 to $1,687||$1,572 to $1,922||$2,000 to $2,444||$2,599 to $3,177||$2,853 to $3,487|
Sourced from federal housing data and AffordableHousingOnline.com research.
|Total Affordable Apartment Properties||17|
|Total Low Income Apartments||1,167|
|Total Housing Units with Rental Assistance||525|
|Percentage of Housing Units Occupied By Renters||95.3%|
|Average Renter Household Size||1.81|
|Average Household Size||1.80|
|Median Household Income||$100,195 ±$8,993|
|Median Rent||$2,411 ±$117|
|Percentage Of Renters Overburdened||45.81% ± 8.81pp|
Marina Del Rey is a city in Los Angeles County, California with a population of 9,289. There are 5,149 households in the city with an average household size of 1.80 persons. 95.3% of households in Marina Del Rey are renters.
The median gross income for households in Marina Del Rey is $100,195 a year, or $8,350 a month. The median rent for the city is $2,411 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Marina Del Rey, a household making less than $8,037 a month would be considered overburdened when renting an apartment at or above the median rent. 45.81% of households who rent are overburdened in Marina Del Rey.
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 Marina Del Rey, the AMI is calculated from all households within Los Angeles County.
In Marina Del Rey, HUD calculates the Area Median Income for a family of four as $91,100
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 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.
|1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% AMI Income Limits
Renters earning up to 30% of the Marina Del Rey AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Marina Del Rey AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Marina Del Rey AMI may qualify for rental assistance programs that target Low Income households.