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Affordable Housing In Palm Spring
Riverside County, California

Housing Authorities that serve Palm Spring

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

Guide To Affordable Housing in Palm Spring, California

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Palm Spring, California.

Income Based Apartments in Palm Spring, California

Palm Spring 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 Palm Spring, California

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Palm Spring.

Housing Choice Vouchers in Palm Spring, California

On average, Section 8 Housing Choice vouchers pay Palm Spring landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Palm Spring.

The maximum amount a voucher would pay on behalf of a low-income tenant in Palm Spring, California for a two-bedroom apartment is between $1,160 and $1,418.

2020 Palm Spring, 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 $875 $1,030 $1,289 $1,789 $2,216
Payment Standard Range $788 to $963 $927 to $1,133 $1,160 to $1,418 $1,610 to $1,968 $1,994 to $2,438

Sourced from federal housing data and AffordableHousingOnline.com research.

Palm Spring, CA Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 43.57%
Average Renter Household Size 2.06
Average Household Size 1.98
Median Household Income $44,075 ±$1,766
Median Rent $949 ±$21
Percentage Of Renters Overburdened 55.72% ± 3.5pp
Total Population 46,305

Population and Household Demographics

Palm Spring is a city in Riverside County, California with a population of 46,305. There are 23,163 households in the city with an average household size of 1.98 persons. 43.57% of households in Palm Spring are renters.

Income and Rent Overburden in Palm Spring

The median gross income for households in Palm Spring is $44,075 a year, or $3,673 a month. The median rent for the city is $949 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Palm Spring, a household making less than $3,163 a month would be considered overburdened when renting an apartment at or above the median rent. 55.72% of households who rent are overburdened in Palm Spring.

Area Median Income In Palm Spring

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 Palm Spring, the AMI is calculated from all households within Riverside County.

In Palm Spring, HUD calculates the Area Median Income for a family of four as $75,300

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 Palm Spring

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 Palm Spring

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,850 $18,100 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $26,400 $30,150 $33,900 $37,650 $40,700 $43,700 $46,700 $49,700
80% of Median $42,200 $48,200 $54,250 $60,250 $65,100 $69,900 $74,750 $79,550