Affordable Housing In Mono County
California

5 Low Income Apartment Communities In Mono County

Paradise Community Village

1001 Village Pkwy
Paradise, CA
HCV Welcome

Paradise Gardens IIi

1040 Buschmann Rd
Paradise, CA
Subsidized

Bristlecone Apartments

3072 Chateau Rd
Mammoth Lakes, CA
HCV Welcome

Aspen Villages at Mammoth Creek ( Fka Mammoth Lakes Family Apartments )

1700 Old Mammoth Rd
Mammoth Lakes, CA
HCV Welcome

Mammoth Lakes, Town Of

448 Sierra Manor Rd
Mammoth Lakes, CA
HCV Welcome
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Housing Authorities that serve Mono County

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

Guide To Affordable Housing in Mono County, California

There are 5 low income housing apartment communities offering 242 affordable apartments for rent in Mono County, California. Mono County features 96 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 146 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Mono County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Mono County, CA Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 242
Total Housing Units with Rental Assistance 96
Percentage of Housing Units Occupied By Renters 40.5%
Average Renter Household Size 3.60
Average Household Size 2.82
Median Household Income $56,944 ±$10,734
Median Rent $1,068 ±$111
Percentage Of Renters Overburdened 26.62% ± 9.19pp
Total Population 14,146

Population and Household Demographics

Mono County is a County in California with a population of 14,146. There are 4,906 households in the county with an average household size of 2.82 persons. 40.5% of households in Mono County are renters.

Income and Rent Overburden in Mono County

The median gross income for households in Mono County is $56,944 a year, or $4,745 a month. The median rent for the county is $1,068 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Mono County, a household making less than $3,560 a month would be considered overburdened when renting an apartment at or above the median rent. 26.62% of households who rent are overburdened in Mono County.1

Area Median Income In Mono County

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.

In Mono County, HUD calculates the Area Median Income for a family of four as $77,900

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 Mono County

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 Mono County HUD Rental Assistance in Mono County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,350 $18,700 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $27,300 $31,200 $35,100 $38,950 $42,100 $45,200 $48,300 $51,450
80% of Median $43,650 $49,850 $56,100 $62,300 $67,300 $72,300 $77,300 $82,250
Low Income Housing Tax Credits in Mono County

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

From 1997 to 2006, 2 low income apartment communities containing 79 rental apartments have been constructed and made affordable to low income persons in Mono County 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 Mono County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $27,300 $31,200 $35,100 $38,950 $42,100 $45,200 $48,300 $51,450
60% of Median $32,760 $37,440 $42,120 $46,740 $50,520 $54,240 $57,960 $61,740

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 Mono County is $42,120 a year, or $3,510 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,510 by 30% to get a maximum rent of $1,053 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% $683 $731 $878 $1,013 $1,130 $1,247
60% $819 $878 $1,053 $1,216 $1,356 $1,496
Fair Market Rents in Mono County

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
$872 $979 $1,290 $1,699 $2,058

Cities In Mono County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Paradise 2 The HUD funded Public Housing Agency that serves Paradise is the Housing Authority of the County of Stanislaus.
Mammoth Lakes 3 The HUD funded Public Housing Agency that serves Mammoth Lakes is the Housing Authority of the County of Stanislaus.
Aspen Springs 0 The HUD funded Public Housing Agency that serves Aspen Springs is the Housing Authority of the County of Stanislaus.
Benton 0 The HUD funded Public Housing Agency that serves Benton is the Housing Authority of the County of Stanislaus.
Bridgeport 0 The HUD funded Public Housing Agency that serves Bridgeport is the Housing Authority of the County of Stanislaus.
Chalfant 0 The HUD funded Public Housing Agency that serves Chalfant is the Housing Authority of the County of Stanislaus.
Coleville 0 The HUD funded Public Housing Agency that serves Coleville is the Housing Authority of the County of Stanislaus.
Crowley Lake 0 The HUD funded Public Housing Agency that serves Crowley Lake is the Housing Authority of the County of Stanislaus.
June Lake 0 The HUD funded Public Housing Agency that serves June Lake is the Housing Authority of the County of Stanislaus.
Lee Vining 0 The HUD funded Public Housing Agency that serves Lee Vining is the Housing Authority of the County of Stanislaus.
McGee Creek 0 The HUD funded Public Housing Agency that serves McGee Creek is the Housing Authority of the County of Stanislaus.
Mono City 0 The HUD funded Public Housing Agency that serves Mono City is the Housing Authority of the County of Stanislaus.
Sunny Slopes 0 The HUD funded Public Housing Agency that serves Sunny Slopes is the Housing Authority of the County of Stanislaus.
Swall Meadows 0 The HUD funded Public Housing Agency that serves Swall Meadows is the Housing Authority of the County of Stanislaus.
Topaz 0 The HUD funded Public Housing Agency that serves Topaz is the Housing Authority of the County of Stanislaus.
Walker 0 The HUD funded Public Housing Agency that serves Walker is the Housing Authority of the County of Stanislaus.