Affordable Housing In Moreno Valley
Riverside County, California

10 Low Income Apartment Communities In Moreno Valley

TELACU Villa

25105 Fir Ave
Moreno Valley, CA
Call For Rent
Studio-1 BR
62+
Accessible
Elderly Supportive Housing
Subsidized

Eucalyptus Towers Co-op

24169 Eucalyptus Avenue
Moreno Valley, CA
Call For Rent
1 BR
62+
Accessible
Elderly Supportive Housing
Subsidized

Amber Ridge Apartments

13400 Elsworth Street
Moreno Valley, CA
Call For Rent
1-3 BR

Moreno Valley Housing

24545 Bay Ave
Moreno Valley, CA
Accessible
Disabled Supportive Housing
Subsidized

Cottonwood Place Apartments

24115 Cottonwood Ave
Moreno Valley, CA
HCV Welcome

Perris Isle Senior Housing

12960 Perris Blvd
Moreno Valley, CA
HCV Welcome

Rancho Dorado II Family Apartments

25105 John F Kennedy Dr
Moreno Valley, CA
HCV Welcome

Oakwood Apartments

15170 Perris Blvd
Moreno Valley, CA
HCV Welcome

Hm506001 Casitas Del Valle Family Apartments

12318 Lamos Pl
Moreno Valley, CA
HCV Welcome

Bay Family Apartments

22717 Bay Ave
Moreno Valley, CA
HCV Welcome
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Housing Authorities that serve Moreno Valley

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

Guide To Affordable Housing in Moreno Valley, California

There are 10 low income housing apartment communities offering 887 affordable apartments for rent in Moreno Valley, California. Moreno Valley features 168 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 719 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Moreno Valley.

Sourced from federal housing data and AffordableHousingOnline.com research.

Moreno Valley, CA Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 887
Total Housing Units with Rental Assistance 168
Percentage of Housing Units Occupied By Renters 39.47%
Average Renter Household Size 3.94
Average Household Size 3.87
Median Household Income $54,590 ±$1,405
Median Rent $1,266 ±$28
Percentage Of Renters Overburdened 61.58% ± 2.69pp
Total Population 200,788

Population and Household Demographics

Moreno Valley is a City in Riverside County, California with a population of 200,788. There are 51,693 households in the city with an average household size of 3.87 persons. 39.47% of households in Moreno Valley are renters.

Income and Rent Overburden in Moreno Valley

The median gross income for households in Moreno Valley is $54,590 a year, or $4,549 a month. The median rent for the city is $1,266 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Moreno Valley, a household making less than $4,220 a month would be considered overburdened when renting an apartment at or above the median rent. 61.58% of households who rent are overburdened in Moreno Valley.1

Area Median Income In Moreno Valley

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 Moreno Valley, the AMI is calculated from all households within Riverside County.

In Moreno Valley, HUD calculates the Area Median Income for a family of four as $69,700

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 Moreno Valley

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 Moreno Valley HUD Rental Assistance in Moreno Valley

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,100 $17,250 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,150 $28,750 $32,350 $35,900 $38,800 $41,650 $44,550 $47,400
80% of Median $40,250 $46,000 $51,750 $57,450 $62,050 $66,650 $71,250 $75,850
Low Income Housing Tax Credits in Moreno Valley

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

From 1998 to 2010, 6 low income apartment communities containing 718 rental apartments have been constructed and made affordable to low income persons in Moreno Valley 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 Moreno Valley

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $25,150 $28,750 $32,350 $35,900 $38,800 $41,650 $44,550 $47,400
60% of Median $30,180 $34,500 $38,820 $43,080 $46,560 $49,980 $53,460 $56,880

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 Moreno Valley is $38,820 a year, or $3,235 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,235 by 30% to get a maximum rent of $971 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% $629 $674 $809 $934 $1,041 $1,149
60% $755 $809 $971 $1,121 $1,250 $1,379
Fair Market Rents in Moreno Valley

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
$875 $1,030 $1,289 $1,789 $2,216