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Affordable Housing In Pacific Grove
Monterey County, California

1 Low Income Apartment Communities In Pacific Grove

South County Housing

650 Jewell Ave
Pacific Grove, California
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Housing Authorities that serve Pacific Grove

Housing Authority Programs
Housing Authority of the County of Monterey Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Pacific Grove, California

There are 1 low income housing apartment communities offering 49 affordable apartments for rent in Pacific Grove, California.

Income Based Apartments in Pacific Grove, California

Pacific Grove features 0 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 Pacific Grove, California

There are 49 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pacific Grove.

Housing Choice Vouchers in Pacific Grove, California

On average, Section 8 Housing Choice vouchers pay Pacific Grove landlords $1,000 per month towards rent. The average voucher holder contributes $400 towards rent in Pacific Grove.

The maximum amount a voucher would pay on behalf of a low-income tenant in Pacific Grove, California for a two-bedroom apartment is between $1,629 and $1,991.

2020 Pacific Grove, California Fair Market Rents and Housing Choice Voucher Payment Standards

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
Fair Market Rent $1,334 $1,467 $1,810 $2,606 $2,834
Payment Standard Range $1,201 to $1,467 $1,320 to $1,614 $1,629 to $1,991 $2,345 to $2,867 $2,551 to $3,117

Sourced from federal housing data and research.

Pacific Grove, CA Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 49
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 52.06%
Average Renter Household Size 2.13
Average Household Size 2.24
Median Household Income $79,740 ±$5,985
Median Rent $1,456 ±$57
Percentage Of Renters Overburdened 45.94% ± 4.46pp
Total Population 15,505

Population and Household Demographics

Pacific Grove is a city in Monterey County, California with a population of 15,505. There are 6,812 households in the city with an average household size of 2.24 persons. 52.06% of households in Pacific Grove are renters.

Income and Rent Overburden in Pacific Grove

The median gross income for households in Pacific Grove is $79,740 a year, or $6,645 a month. The median rent for the city is $1,456 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Pacific Grove, a household making less than $4,853 a month would be considered overburdened when renting an apartment at or above the median rent. 45.94% of households who rent are overburdened in Pacific Grove.

Area Median Income In Pacific Grove

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 Pacific Grove, the AMI is calculated from all households within Monterey County.

In Pacific Grove, HUD calculates the Area Median Income for a family of four as $81,600

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 Pacific Grove

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 HUD Rental Assistance in Pacific Grove

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $20,350 $23,250 $26,150 $29,050 $31,400 $35,160 $39,640 $44,120
50% of Median $33,950 $38,800 $43,650 $48,450 $52,350 $56,250 $60,100 $64,000
80% of Median $54,250 $62,000 $69,750 $77,500 $83,700 $89,900 $96,100 $102,300