Low Income Apartments and Affordable Housing For Rent in Novato, CA

Discover affordable housing in Novato where there are 15+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Mackey Terrace

626 Owen Dr , Novato, California 94949

Wyndover Apartments

809 Diablo Ave, Novato, California 94947

Hamilton Meadows I

1455 N Hamilton Pkwy , Novato, California 94949

Stonehaven House

2 Stonehaven Ct, Novato, California 94947

Margaret Duncan Greene Apartments Olive Ave.

1100 Olive Ave , Novato, California 94945

Bay Vista at Meadow Park

5 Hutchins Way, Novato, California 94949

Warner Creek Senior Housing

806 Diablo Ave, Novato, California 94947

Cedar Dante House

1914 Novato Blvd, Novato, California 94947

Marin Handicapped Housing 5

6 Brown Dr, Novato, California 94947

Dante House

1912 Novato Blvd, Novato, California 94947

Lamont House

816 Lamont Ave, Novato, California 94945

Hamilton Transitional Housing, Phase 2

270 Corte Colina, Novato, California 94949

Creekside at Meadow Park

46 Tinker Way, Novato, California 94949

Hamilton Transitional Housing ( Phase 1 )

71 Tinker Way, Novato, California 94949

Villas at Hamilton Senior Apartments

410 S Palm Dr, Novato, California 94949

Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Novato, California
$63.62/hour
$47.62 (+298%) more than California minimum wage and $56.37 (+777%) more than the Federal minimum wage.
Learn More About Novato, California Affordable Housing ↓

What HUD offices serve Novato, California?

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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Novato, California.

Go to the California Public Housing and Low-Income Apartments Waiting Lists page for openings near Novato.

How many renters live in Novato, California?

The City of Novato has 53,055 people living in 20,898 households.

There are 16,921 renters living in 6,566 renter households in this City. Renters make up 31.89 percent of the population living in Novato.

What is the rental market like in Novato, California?

There are an estimated 21,588 housing units in the Novato area. Of these, 6,672 units are rental homes, making up 31 percent of the housing market. For every renter household in Novato, California, there are 1 rental units.

What is the vacancy rate for rentals in Novato?

The rental vacancy rate in Novato is 1 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Novato for each bedroom size?

Occupied Rental Units by Size in Novato
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
369 1,640 2,612 1,489 432
Occupied Rental Units by Size in Novato

A large number of apartments in Novato have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Novato are overburdened by housing costs?

Among renter households in this market, 60 percent have housing cost burden. Further, 28 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Novato

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $2,292 to $4,473. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $2,292
One BR $2,818
Two BR $3,359
Three BR $4,112
Four BR $4,473
2024 Fair Market Rents in Novato, California

How many units are rented at Fair Market Rent (FMR) in Novato?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 135 37 percent
One BR 708 43 percent
Two BR 199 8 percent
Rental Units Below FMR in Novato, California

How many affordable rental units are in Novato?

There are a variety of federal affordable housing programs serving households in Novato, California including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 716
Public Housing 41
Section 8 Project-Based Rental Assistance 67
Section 811 Supportive Housing for Persons with Disabilities 21
Tracked Units by Federal Program in Novato, California

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Novato, California

Novato features 158 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Novato, California

There are 662 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Novato.

Housing Choice Vouchers in Novato, California

On average, Section 8 Housing Choice vouchers pay Novato landlords $1,800 per month towards rent. The average voucher holder contributes $600 towards rent in Novato.

The maximum amount a voucher would pay on behalf of a low-income tenant in Novato, California for a two-bedroom apartment is between $3,023 and $3,695.

Sourced from federal housing data and AffordableHousingOnline.com research.